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Acanthe Developpement (XPAR:ACAN) Debt-to-EBITDA : -0.29 (As of Dec. 2023)


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What is Acanthe Developpement Debt-to-EBITDA?

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

Acanthe Developpement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.09 Mil. Acanthe Developpement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.07 Mil. Acanthe Developpement's annualized EBITDA for the quarter that ended in Dec. 2023 was €-3.95 Mil. Acanthe Developpement's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.29.

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 Acanthe Developpement's Debt-to-EBITDA or its related term are showing as below:

XPAR:ACAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.87   Med: 0.59   Max: 8.94
Current: -0.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Acanthe Developpement was 8.94. The lowest was -19.87. And the median was 0.59.

XPAR:ACAN's Debt-to-EBITDA is ranked worse than
100% of 508 companies
in the REITs industry
Industry Median: 7.22 vs XPAR:ACAN: -0.56

Acanthe Developpement Debt-to-EBITDA Historical Data

The historical data trend for Acanthe Developpement'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.

Acanthe Developpement Debt-to-EBITDA Chart

Acanthe Developpement 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 2.65 -19.87 0.11 0.13 -0.36

Acanthe Developpement 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 0.44 0.05 -0.21 -6.45 -0.29

Competitive Comparison of Acanthe Developpement's Debt-to-EBITDA

For the REIT - Office subindustry, Acanthe Developpement'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.


Acanthe Developpement's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Acanthe Developpement Debt-to-EBITDA Calculation

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

Acanthe Developpement'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
=(1.088 + 0.072) / -3.239
=-0.36

Acanthe Developpement'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
=(1.088 + 0.072) / -3.946
=-0.29

* 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.


Acanthe Developpement  (XPAR:ACAN) 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.


Acanthe Developpement Debt-to-EBITDA Related Terms

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


Acanthe Developpement (XPAR:ACAN) Business Description

Traded in Other Exchanges
Address
2, rue de Bassano, Paris, FRA, 75116
Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.