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Eurocommercial Properties NV (Eurocommercial Properties NV) Debt-to-EBITDA : -4.37 (As of Dec. 2023)


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What is Eurocommercial Properties NV Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Eurocommercial Properties NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $255.9 Mil. Eurocommercial Properties NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,441.7 Mil. Eurocommercial Properties NV's annualized EBITDA for the quarter that ended in Dec. 2023 was $-388.7 Mil. Eurocommercial Properties NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -4.37.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Eurocommercial Properties NV's Debt-to-EBITDA or its related term are showing as below:

EUCMF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.97   Med: 7.76   Max: 47.01
Current: 47.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eurocommercial Properties NV was 47.01. The lowest was 3.97. And the median was 7.76.

EUCMF's Debt-to-EBITDA is ranked worse than
95.69% of 511 companies
in the REITs industry
Industry Median: 7.21 vs EUCMF: 47.01

Eurocommercial Properties NV Debt-to-EBITDA Historical Data

The historical data trend for Eurocommercial Properties NV's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eurocommercial Properties NV Debt-to-EBITDA Chart

Eurocommercial Properties NV Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.65 15.30 9.44 5.18 47.00

Eurocommercial Properties NV Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.07 12.34 10.11 7.38 -4.37

Competitive Comparison of Eurocommercial Properties NV's Debt-to-EBITDA

For the REIT - Retail subindustry, Eurocommercial Properties NV's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eurocommercial Properties NV's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Eurocommercial Properties NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eurocommercial Properties NV's Debt-to-EBITDA falls into.



Eurocommercial Properties NV Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Eurocommercial Properties NV's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(255.901 + 1441.688) / 36.116
=47.00

Eurocommercial Properties NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(255.901 + 1441.688) / -388.708
=-4.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Eurocommercial Properties NV  (GREY:EUCMF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Eurocommercial Properties NV Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Eurocommercial Properties NV's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Eurocommercial Properties NV (Eurocommercial Properties NV) Business Description

Address
Herengracht 469, Amsterdam, NLD, 1017 BS
Eurocommercial Properties NV is a Netherlands-based property investment company that invests, owns, and manages retail properties. The company operates in France, Belgium, Italy and Sweden and the Netherlands. The company generates revenue from leasing its shopping center properties to tenants.

Eurocommercial Properties NV (Eurocommercial Properties NV) Headlines