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Alony-Hetz Properties & Investments (XTAE:ALHE) Debt-to-EBITDA : -4.24 (As of Dec. 2023)


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What is Alony-Hetz Properties & Investments Debt-to-EBITDA?

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

Alony-Hetz Properties & Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪3,156 Mil. Alony-Hetz Properties & Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪19,569 Mil. Alony-Hetz Properties & Investments's annualized EBITDA for the quarter that ended in Dec. 2023 was ₪-5,366 Mil. Alony-Hetz Properties & Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -4.24.

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 Alony-Hetz Properties & Investments's Debt-to-EBITDA or its related term are showing as below:

XTAE:ALHE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.55   Med: 7.44   Max: 27.09
Current: -16.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alony-Hetz Properties & Investments was 27.09. The lowest was -16.55. And the median was 7.44.

XTAE:ALHE's Debt-to-EBITDA is ranked worse than
100% of 1269 companies
in the Real Estate industry
Industry Median: 5.53 vs XTAE:ALHE: -16.55

Alony-Hetz Properties & Investments Debt-to-EBITDA Historical Data

The historical data trend for Alony-Hetz Properties & Investments'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.

Alony-Hetz Properties & Investments Debt-to-EBITDA Chart

Alony-Hetz Properties & Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.44 5.64 13.41 6.09 27.09

Alony-Hetz Properties & Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -10.21 26.83 -100.09 -33.38 -4.24

Competitive Comparison of Alony-Hetz Properties & Investments's Debt-to-EBITDA

For the Real Estate Services subindustry, Alony-Hetz Properties & Investments'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.


Alony-Hetz Properties & Investments's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alony-Hetz Properties & Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Alony-Hetz Properties & Investments's Debt-to-EBITDA falls into.



Alony-Hetz Properties & Investments Debt-to-EBITDA Calculation

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

Alony-Hetz Properties & Investments's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1678.123 + 17346.637) / 702.193
=27.09

Alony-Hetz Properties & Investments'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
=(3155.971 + 19569.056) / -5365.604
=-4.24

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Alony-Hetz Properties & Investments  (XTAE:ALHE) 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.


Alony-Hetz Properties & Investments Debt-to-EBITDA Related Terms

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


Alony-Hetz Properties & Investments (XTAE:ALHE) Business Description

Traded in Other Exchanges
N/A
Address
2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501
Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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