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Land and Homes Group (ASX:LHM) Debt-to-EBITDA : -3.44 (As of Dec. 2023)


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What is Land and Homes Group Debt-to-EBITDA?

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

Land and Homes Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$27.09 Mil. Land and Homes Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.08 Mil. Land and Homes Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-8.77 Mil. Land and Homes Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -3.44.

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

ASX:LHM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -70.19   Med: -21.28   Max: 34.96
Current: -6.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Land and Homes Group was 34.96. The lowest was -70.19. And the median was -21.28.

ASX:LHM's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 5.965 vs ASX:LHM: -6.40

Land and Homes Group Debt-to-EBITDA Historical Data

The historical data trend for Land and Homes 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.

Land and Homes Group Debt-to-EBITDA Chart

Land and Homes 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 -23.50 -70.19 -19.06 -32.89 -54.57

Land and Homes 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 -21.39 -52.57 -38.10 -45.03 -3.44

Competitive Comparison of Land and Homes Group's Debt-to-EBITDA

For the Real Estate - Development subindustry, Land and Homes 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.


Land and Homes Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Land and Homes Group Debt-to-EBITDA Calculation

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

Land and Homes 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
=(25.194 + 4.438) / -0.543
=-54.57

Land and Homes 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
=(27.089 + 3.075) / -8.772
=-3.44

* 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.


Land and Homes Group  (ASX:LHM) 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.


Land and Homes Group Debt-to-EBITDA Related Terms

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


Land and Homes Group (ASX:LHM) Business Description

Traded in Other Exchanges
N/A
Address
112 Barry Parade, Ground Floor, Fortitude Valley, QLD, AUS, 4006
Land and Homes Group Ltd is a property development company. The company is focused on the acquisition of prime sites for project development into residential, commercial and mixed-use apartments. It holds a diverse portfolio of high-yield properties and projects at various stages of development and construction. The company's operations have been established in Brisbane.

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