Stockland (ASX:SGP) Debt-to-EBITDA : 7.81 (As of Jun. 2024)

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What is Stockland Debt-to-EBITDA?

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

Stockland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$261 Mil. Stockland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$4,469 Mil. Stockland's annualized EBITDA for the quarter that ended in Jun. 2024 was A$606 Mil. Stockland's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 7.81.

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

ASX:SGP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.7 Med: 3.83 Max: 34.63
Current: 10.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Stockland was 34.63. The lowest was 2.70. And the median was 3.83.

ASX:SGP's Debt-to-EBITDA is ranked worse than
69.46% of 573 companies
in the REITs industry
Industry Median: 7.36 vs ASX:SGP: 10.54

Stockland Debt-to-EBITDA Historical Data

The historical data trend for Stockland'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.

Stockland Debt-to-EBITDA Chart

Stockland Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-EBITDA

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34.63

4.01

2.82

6.36

10.17

Stockland Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial															3.33	5.34	8.42	18.57	7.81

Competitive Comparison of Stockland's Debt-to-EBITDA

For the REIT - Diversified subindustry, Stockland'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.

Stockland's Debt-to-EBITDA Distribution in the REITs Industry

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

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

Stockland Debt-to-EBITDA Calculation

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

Stockland's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(261	+	4469)	/	465
	=	10.17

Stockland's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(261	+	4469)	/	606
	=	7.81

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 (Jun. 2024) EBITDA data.

Stockland (ASX:SGP) 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.

Stockland Debt-to-EBITDA Related Terms

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

Stockland Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Stockland Corp Ltd (ASX:SGP) » Definitions » Debt-to-EBITDA

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STKAF:USA LN1:Germany

Address

133 Castlereagh Street, Level 25, Sydney, NSW, AUS, 2000

Website

https://www.stockland.com.au

Stockland is Australia's largest housing developer, and this division generates about 40% of the group's funds-from-operations. Near two thirds comes from commercial property, about half of which is retail. It also has a growing land-lease business. The mix is evolving. Earnings from the residential development division are volatile though we expect volumes and margins to improve over the next five years, after a challenging 2023 where interest rate rises caused house price falls. In commercial property the group is trimming retail and adding office and industrial via acquisitions and developments. Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.

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