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The Wharf (Holdings) (FRA:WHA) Debt-to-EBITDA : 6.07 (As of Dec. 2023)


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What is The Wharf (Holdings) Debt-to-EBITDA?

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

The Wharf (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €528 Mil. The Wharf (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,753 Mil. The Wharf (Holdings)'s annualized EBITDA for the quarter that ended in Dec. 2023 was €376 Mil. The Wharf (Holdings)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.07.

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 The Wharf (Holdings)'s Debt-to-EBITDA or its related term are showing as below:

FRA:WHA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.11   Med: 3.53   Max: 15.39
Current: 5.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of The Wharf (Holdings) was 15.39. The lowest was 1.11. And the median was 3.53.

FRA:WHA's Debt-to-EBITDA is ranked better than
53.41% of 1262 companies
in the Real Estate industry
Industry Median: 5.755 vs FRA:WHA: 5.18

The Wharf (Holdings) Debt-to-EBITDA Historical Data

The historical data trend for The Wharf (Holdings)'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.

The Wharf (Holdings) Debt-to-EBITDA Chart

The Wharf (Holdings) 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 5.62 3.84 3.57 15.39 5.18

The Wharf (Holdings) 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 2.57 8.85 -27.88 5.56 6.07

Competitive Comparison of The Wharf (Holdings)'s Debt-to-EBITDA

For the Real Estate - Development subindustry, The Wharf (Holdings)'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.


The Wharf (Holdings)'s Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Wharf (Holdings)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Wharf (Holdings)'s Debt-to-EBITDA falls into.



The Wharf (Holdings) Debt-to-EBITDA Calculation

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

The Wharf (Holdings)'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
=(528.375 + 1753.264) / 440.312
=5.18

The Wharf (Holdings)'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
=(528.375 + 1753.264) / 375.968
=6.07

* 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.


The Wharf (Holdings)  (FRA:WHA) 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.


The Wharf (Holdings) Debt-to-EBITDA Related Terms

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


The Wharf (Holdings) (FRA:WHA) Business Description

Traded in Other Exchanges
Address
Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
The Wharf (Holdings) Ltd has determined five reportable operating segments for measuring performance and allocating resources. The segments are investment properties, development properties, hotels, logistics, and investments. The investment properties segment mainly includes property leasing & management operations. The development properties segment encompasses activities relating to the acquisition, development, sales, and marketing of the Group's trading properties. The hotel segment includes hotel management in Asia. The logistics segment mainly includes container terminal operations. The investment segment includes a diversified portfolio of listed equity investments. The majority is from the Development Properties segment. Geographically, the majority is from Mainland China.

The Wharf (Holdings) (FRA:WHA) Headlines

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