Reef Casino Trust (ASX:RCT) Debt-to-EBITDA : 0.05 (As of Dec. 2025) — 99% Below Median

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ASX:RCT Reef Casino Trust ASX:RCT
72 GF Score
Price A$3.84
GF Value A$3.01
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Reef Casino Trust Debt-to-EBITDA?

Reef Casino Trust ASX:RCT +5.79% 72 Debt-to-EBITDA is 0.05 as of Dec. 2025, which is 99% below its 10-year median of 5.42. GuruFocus rates ASX:RCT with a GF Score™ of 72/100 and a GF Value™ of A$3.01 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 647 Travel & Leisure companies, Reef Casino Trust ranks better than 95.98% on this metric.

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

Reef Casino Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Reef Casino Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$1.00 Mil. Reef Casino Trust's annualized EBITDA for the quarter that ended in Dec. 2025 was A$20.94 Mil. Reef Casino Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.05.

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 Reef Casino Trust's Debt-to-EBITDA or its related term are showing as below:

ASX:RCT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06   Med: 5.42   Max: 9.48
Current: 0.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Reef Casino Trust was 9.48. The lowest was 0.06. And the median was 5.42.

ASX:RCT's Debt-to-EBITDA is ranked better than
95.98% of 647 companies
in the Travel & Leisure industry
Industry Median: 2.55 vs ASX:RCT: 0.06

Reef Casino Trust  (ASX:RCT) 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.


Reef Casino Trust Debt-to-EBITDA Related Terms


Reef Casino Trust Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Reef Casino Trust'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.

Reef Casino Trust Debt-to-EBITDA Chart

Reef Casino Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 3.77 5.42 0.00 0.06

Reef Casino Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.03 0.00 0.00 0.17 0.05

ASX:RCT vs LVS, MGM, WYNN: Debt-to-EBITDA Comparison

For the Resorts & Casinos subindustry, Reef Casino Trust'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.


Reef Casino Trust Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Reef Casino Trust's Debt-to-EBITDA falls into.


ASX:RCT
72GF Score
Reef Casino Trust ASX:RCT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reef Casino Trust Debt-to-EBITDA Calculation

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

Reef Casino Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1.001) / 16.439
=0.06

Reef Casino Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1.001) / 20.94
=0.05

* 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. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.05 mean?
Reef Casino Trust (ASX:RCT) has a Debt-to-EBITDA of 0.05 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Reef Casino Trust. This is 99% below median its historical median of 5.42. Over the past decade, Reef Casino Trust's Debt-to-EBITDA has ranged from 0.06 to 9.48. According to the industry distribution chart, Reef Casino Trust ranks #26 out of 647 companies in the Travel & Leisure industry, placing it in the top 4%.
Is Reef Casino Trust's Debt-to-EBITDA too high?
Reef Casino Trust's current Debt-to-EBITDA of 0.05 is 99% below median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 9.48. The Travel & Leisure industry median Debt-to-EBITDA is 2.55. Reef Casino Trust's value of 0.05 is 98% below this industry median. Based on the distribution chart, Reef Casino Trust ranks #26 out of 647 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Reef Casino Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reef Casino Trust's Debt-to-EBITDA compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Reef Casino Trust ranks #26 out of 647 companies for Debt-to-EBITDA. This places Reef Casino Trust in the top 4% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.55. Reef Casino Trust's value of 0.05 is 98% below this benchmark. Historically, Reef Casino Trust's own Debt-to-EBITDA has ranged from 0.06 to 9.48 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 2.55, Reef Casino Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.55, based on 647 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reef Casino Trust's current Debt-to-EBITDA of 0.05 is 98% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Reef Casino Trust. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reef Casino Trust's current Debt-to-EBITDA is 0.05, which is 99% below median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reef Casino Trust stock overvalued right now?
Based on GuruFocus' analysis, Reef Casino Trust (ASX:RCT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.01, compared to a current price of A$3.84 — trading 27.6% above its estimated fair value. The current Debt-to-EBITDA is 0.05, which is 99% below median its 10-year median of 5.42 and 98% below the Travel & Leisure industry median of 2.55. Reef Casino Trust's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Reef Casino Trust (ASX:RCT), the current Debt-to-EBITDA is 0.05 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reef Casino Trust (ASX:RCT) Overvalued in 2026?

Based on GuruFocus' analysis, Reef Casino Trust stock appears to be overvalued. The current stock price of A$3.84 is trading 27.6% above its estimated GF Value™ of A$3.01. GuruFocus considers Reef Casino Trust to be Modestly Overvalued.

Key valuation signals for ASX:RCT:

  • Debt-to-EBITDA: 0.05 (99% below median its 10-year median of 5.42)
  • GF Value™: A$3.01 vs. price of A$3.84 (27.6% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 98% below the Travel & Leisure median (#26 of 647)

No single metric tells the full story. See the ASX:RCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reef Casino Trust Business Description

Address 35-41 Wharf Street, PO Box 7320, Cairns, QLD, AUS, 4870
Reef Casino Trust is engaged in the operation of the Reef Hotel-Casino Complex located in Cairns, Queensland, Australia. The company derives revenue from the casino, which includes electronic gaming and table games, and the hotel, which includes room accommodation and food and beverage, and others. The majority of the revenue is generated from the rental income received from the casino operations. The company operates in two segments, which includes Casino operations and Hotel segment.
72GF Score

Get the complete analysis for ASX:RCT

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.84
Price
A$3.01
GF Value