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GPT Group (FRA:46T) Debt-to-EBITDA : -20.76 (As of Dec. 2023)


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What is GPT Group Debt-to-EBITDA?

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

GPT Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €170.0 Mil. GPT Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,796.2 Mil. GPT Group's annualized EBITDA for the quarter that ended in Dec. 2023 was €-142.9 Mil. GPT Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -20.76.

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 GPT Group's Debt-to-EBITDA or its related term are showing as below:

FRA:46T' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -268.48   Med: 2.8   Max: 8.21
Current: -268.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of GPT Group was 8.21. The lowest was -268.48. And the median was 2.80.

FRA:46T's Debt-to-EBITDA is ranked worse than
100% of 509 companies
in the REITs industry
Industry Median: 7.23 vs FRA:46T: -268.48

GPT Group Debt-to-EBITDA Historical Data

The historical data trend for GPT Group'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.

GPT Group Debt-to-EBITDA Chart

GPT Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 -46.23 3.42 8.21 -268.49

GPT Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 3.68 4.21 80.92 25.19 -20.76

Competitive Comparison of GPT Group's Debt-to-EBITDA

For the REIT - Diversified subindustry, GPT Group'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.


GPT Group's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where GPT Group's Debt-to-EBITDA falls into.



GPT Group Debt-to-EBITDA Calculation

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

GPT Group'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
=(170.019 + 2796.236) / -11.048
=-268.49

GPT Group'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
=(170.019 + 2796.236) / -142.89
=-20.76

* 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 two times the quarterly (Dec. 2023) EBITDA data.


GPT Group  (FRA:46T) 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.


GPT Group Debt-to-EBITDA Related Terms

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


GPT Group (FRA:46T) Business Description

Traded in Other Exchanges
Address
25 Martin Place, Level 51, Sydney, NSW, AUS, 2000
GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.

GPT Group (FRA:46T) Headlines

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