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Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Debt-to-EBITDA : 3.38 (As of Mar. 2024)


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What is Golden Ventures Leasehold Real Estate Investment Trust Debt-to-EBITDA?

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

Golden Ventures Leasehold Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0 Mil. Golden Ventures Leasehold Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,765 Mil. Golden Ventures Leasehold Real Estate Investment Trust's annualized EBITDA for the quarter that ended in Mar. 2024 was ฿818 Mil. Golden Ventures Leasehold Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.38.

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 Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-EBITDA or its related term are showing as below:

BKK:GVREIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.79   Med: 2.77   Max: 4.21
Current: 4.21

During the past 8 years, the highest Debt-to-EBITDA Ratio of Golden Ventures Leasehold Real Estate Investment Trust was 4.21. The lowest was 1.79. And the median was 2.77.

BKK:GVREIT's Debt-to-EBITDA is ranked better than
77.54% of 521 companies
in the REITs industry
Industry Median: 7.3 vs BKK:GVREIT: 4.21

Golden Ventures Leasehold Real Estate Investment Trust Debt-to-EBITDA Historical Data

The historical data trend for Golden Ventures Leasehold Real Estate Investment 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.

* Premium members only.

Golden Ventures Leasehold Real Estate Investment Trust Debt-to-EBITDA Chart

Golden Ventures Leasehold Real Estate Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.08 2.44 3.44 3.73 4.10

Golden Ventures Leasehold Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.21 3.14 151.90 3.08 3.38

Competitive Comparison of Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-EBITDA

For the REIT - Office subindustry, Golden Ventures Leasehold Real Estate Investment 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.


Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-EBITDA falls into.



Golden Ventures Leasehold Real Estate Investment Trust Debt-to-EBITDA Calculation

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

Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2749.918) / 670.512
=4.10

Golden Ventures Leasehold Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2765.174) / 818.376
=3.38

* 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 (Mar. 2024) EBITDA data.


Golden Ventures Leasehold Real Estate Investment Trust  (BKK:GVREIT) 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.


Golden Ventures Leasehold Real Estate Investment Trust Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Business Description

Traded in Other Exchanges
N/A
Address
944 Rama 4 Road, 22nd Floor, Mitrtown Office Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Golden Ventures Leasehold Real Estate Investment Trust operates leasehold properties, focusing on office buildings. The company invests in properties located in Thailand. The Trust's objectives are to raise funds from investors both ordinary and juristic persons, including long-term loans from financial institutions and deposits from rental to invest in 2 projects Park Ventures Ecoplex Project and Sathorn Square Project.

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