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Vukile Property Fund (JSE:VKE) Debt-to-EBITDA : 5.31 (As of Sep. 2023)


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What is Vukile Property Fund Debt-to-EBITDA?

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

Vukile Property Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R1,386 Mil. Vukile Property Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R16,459 Mil. Vukile Property Fund's annualized EBITDA for the quarter that ended in Sep. 2023 was R3,364 Mil. Vukile Property Fund's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 5.30.

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 Vukile Property Fund's Debt-to-EBITDA or its related term are showing as below:

JSE:VKE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.07   Med: 5.38   Max: 32.62
Current: 5.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vukile Property Fund was 32.62. The lowest was 2.07. And the median was 5.38.

JSE:VKE's Debt-to-EBITDA is ranked better than
61.76% of 510 companies
in the REITs industry
Industry Median: 7.22 vs JSE:VKE: 5.88

Vukile Property Fund Debt-to-EBITDA Historical Data

The historical data trend for Vukile Property Fund'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.

Vukile Property Fund Debt-to-EBITDA Chart

Vukile Property Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 32.62 13.99 5.43 6.04

Vukile Property Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 6.10 5.15 5.30 6.42 5.31

Competitive Comparison of Vukile Property Fund's Debt-to-EBITDA

For the REIT - Retail subindustry, Vukile Property Fund'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.


Vukile Property Fund's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Vukile Property Fund's Debt-to-EBITDA falls into.



Vukile Property Fund Debt-to-EBITDA Calculation

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

Vukile Property Fund's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1032 + 16300) / 2870
=6.04

Vukile Property Fund's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1386 + 16459) / 3364
=5.30

* 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 (Sep. 2023) EBITDA data.


Vukile Property Fund  (JSE:VKE) 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.


Vukile Property Fund Debt-to-EBITDA Related Terms

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


Vukile Property Fund (JSE:VKE) Business Description

Traded in Other Exchanges
Address
11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

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