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NEPI Rockcastle NV (JSE:NRP) Debt-to-EBITDA : 4.41 (As of Dec. 2023)


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What is NEPI Rockcastle NV Debt-to-EBITDA?

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

NEPI Rockcastle NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R11,125 Mil. NEPI Rockcastle NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R42,166 Mil. NEPI Rockcastle NV's annualized EBITDA for the quarter that ended in Dec. 2023 was R12,082 Mil. NEPI Rockcastle NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.41.

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 NEPI Rockcastle NV's Debt-to-EBITDA or its related term are showing as below:

JSE:NRP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.51   Med: 3.61   Max: 7.18
Current: 4.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of NEPI Rockcastle NV was 7.18. The lowest was -17.51. And the median was 3.61.

JSE:NRP's Debt-to-EBITDA is ranked better than
60.63% of 1265 companies
in the Real Estate industry
Industry Median: 5.76 vs JSE:NRP: 4.17

NEPI Rockcastle NV Debt-to-EBITDA Historical Data

The historical data trend for NEPI Rockcastle 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.

NEPI Rockcastle NV Debt-to-EBITDA Chart

NEPI Rockcastle NV 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 4.52 -17.51 7.18 4.71 4.17

NEPI Rockcastle NV 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 7.64 4.84 4.14 3.98 4.41

Competitive Comparison of NEPI Rockcastle NV's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, NEPI Rockcastle 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.


NEPI Rockcastle NV's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



NEPI Rockcastle NV Debt-to-EBITDA Calculation

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

NEPI Rockcastle 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
=(11125.163 + 42165.803) / 12783.543
=4.17

NEPI Rockcastle 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
=(11125.163 + 42165.803) / 12081.654
=4.41

* 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.


NEPI Rockcastle NV  (JSE:NRP) 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.


NEPI Rockcastle NV Debt-to-EBITDA Related Terms

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


NEPI Rockcastle NV (JSE:NRP) Business Description

Traded in Other Exchanges
Address
Claude Debussylaan 7-29, Tribes Offices SOM Building 3rd Floor, Amsterdam, NH, NLD, 1082MC
NEPI Rockcastle NV is a commercial property investor and developer. The business activities of the group have functioned through Retail, Office, Residential, Industrial, and Corporate segments. The Retail segment acquires, develops and leases retail properties in Romania, Slovakia, Czech Republic, Serbia, and Croatia; the Office segment acquires, develops and leases office properties in Romania and Slovakia; the Industrial segment acquires, develops and leases industrial facilities in Romania, and Corporate segment focuses on activities related to financing expenses. The vast majority of its contracted rentable areas are occupied by large tenants and major franchises. The company generates revenue from rent and expense recovery.