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Lendlease Group (Lendlease Group) Debt-to-EBITDA : 218.26 (As of Dec. 2023)


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What is Lendlease Group Debt-to-EBITDA?

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

Lendlease Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13 Mil. Lendlease Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,909 Mil. Lendlease Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $13 Mil. Lendlease Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 218.26.

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

LLESY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.22   Med: 2.27   Max: 64.19
Current: 64.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lendlease Group was 64.19. The lowest was -12.22. And the median was 2.27.

LLESY's Debt-to-EBITDA is ranked worse than
95.67% of 1269 companies
in the Real Estate industry
Industry Median: 5.53 vs LLESY: 64.19

Lendlease Group Debt-to-EBITDA Historical Data

The historical data trend for Lendlease 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.

Lendlease Group Debt-to-EBITDA Chart

Lendlease Group 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 3.07 -12.22 3.78 27.09 52.08

Lendlease 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 -4.94 3.43 320.18 28.29 218.26

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

For the Real Estate - Diversified subindustry, Lendlease 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.

Lendlease Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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


Lendlease Group Debt-to-EBITDA Calculation

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

Lendlease Group'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
=(12.752 + 2189.262) / 42.282
=52.08

Lendlease 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
=(12.718 + 2908.969) / 13.386
=218.26

* 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.

Lendlease Group  (OTCPK:LLESY) 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.

Lendlease Group Debt-to-EBITDA Related Terms

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

Lendlease Group (Lendlease Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lendlease Group (OTCPK:LLESY) » Definitions » Debt-to-EBITDA
Comparable Companies
ASX:CHC ASX:LIC ASX:APZ ASX:AXI ASX:RPG ASX:GMG TSE:8801 TSE:8802 HKSE:00012 PHS:SMPH BKK:CPN XSWX:SPSN OSTO:BALD B TSE:1878 BOM:503100 SHSE:600415 BOM:533274 MIC:PIKK VESTA SHSE:600515
Traded in Other Exchanges
LLESF:USA LLC:Australia
Address
Level 14, Tower Three, 300 Barangaroo Avenue, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Website
https://www.lendlease.com
Lendlease's business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.