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Growthpoint Properties (Growthpoint Properties) Debt-to-EBITDA : 21.78 (As of Dec. 2023)


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What is Growthpoint Properties Debt-to-EBITDA?

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

Growthpoint Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Growthpoint Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,847.8 Mil. Growthpoint Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was $176.7 Mil. Growthpoint Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 21.78.

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 Growthpoint Properties's Debt-to-EBITDA or its related term are showing as below:

GWWTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -36.01   Med: 4.12   Max: 15.57
Current: 15.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Growthpoint Properties was 15.57. The lowest was -36.01. And the median was 4.12.

GWWTF's Debt-to-EBITDA is ranked worse than
83.5% of 509 companies
in the REITs industry
Industry Median: 7.23 vs GWWTF: 15.57

Growthpoint Properties Debt-to-EBITDA Historical Data

The historical data trend for Growthpoint Properties'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.

Growthpoint Properties Debt-to-EBITDA Chart

Growthpoint Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 -36.01 13.51 4.12 11.82

Growthpoint Properties 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 3.79 4.59 9.77 12.88 21.78

Competitive Comparison of Growthpoint Properties's Debt-to-EBITDA

For the REIT - Diversified subindustry, Growthpoint Properties'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.


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

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

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



Growthpoint Properties Debt-to-EBITDA Calculation

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

Growthpoint Properties's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(316.621 + 3749.36) / 344.095
=11.82

Growthpoint Properties'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
=(0 + 3847.838) / 176.678
=21.78

* 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.


Growthpoint Properties  (OTCPK:GWWTF) 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.


Growthpoint Properties Debt-to-EBITDA Related Terms

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


Growthpoint Properties (Growthpoint Properties) Business Description

Traded in Other Exchanges
Address
The Place, 1 Sandton Drive, PO Box 78949, Sandton, GT, ZAF, 2196
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.