Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) Debt-to-EBITDA : 10.50 (As of Dec. 2025)

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BSP:HDEL11 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
24 GF Score
Price R$3.26
! 2 Warning Signs
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What is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-EBITDA?

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11 24 Debt-to-EBITDA is 10.50 as of Dec. 2025. GuruFocus rates BSP:HDEL11 with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 572 REITs companies, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks worse than 78.32% on this metric.

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

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R$34.10 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R$0.00 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's annualized EBITDA for the quarter that ended in Dec. 2025 was R$3.25 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 10.50.

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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-EBITDA or its related term are showing as below:

BSP:HDEL11' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2   Med: -1.04   Max: 10.5
Current: 10.5

During the past 4 years, the highest Debt-to-EBITDA Ratio of Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio was 10.50. The lowest was -2.00. And the median was -1.04.

BSP:HDEL11's Debt-to-EBITDA is ranked worse than
78.32% of 572 companies
in the REITs industry
Industry Median: 6.51 vs BSP:HDEL11: 10.50

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio  (BSP:HDEL11) 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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-EBITDA Related Terms


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-EBITDA Chart

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
N/A -2.00 -1.04 10.50

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA N/A -2.00 -1.04 10.50

BSP:HDEL11 vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-EBITDA falls into.


BSP:HDEL11
24GF Score
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-EBITDA Calculation

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

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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
=(34.101 + 0) / 3.247
=10.50

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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
=(34.101 + 0) / 3.247
=10.50

* 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 one times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.50 mean?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a Debt-to-EBITDA of 10.50 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio. According to the industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #448 out of 572 companies in the REITs industry, placing it in the top 78.3%.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-EBITDA too high?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Debt-to-EBITDA is 10.50. The REITs industry median Debt-to-EBITDA is 6.51. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 10.50 is 61.3% above this industry median. Based on the distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #448 out of 572 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #448 out of 572 companies for Debt-to-EBITDA. This places Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio in the lower half of its industry. The industry median Debt-to-EBITDA is 6.51. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 10.50 is 61.3% above this benchmark. 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 REITs company?
The median Debt-to-EBITDA among REITs companies is 6.51, based on 572 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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Debt-to-EBITDA of 10.50 is 61.3% above 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Debt-to-EBITDA is 10.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio stock overvalued right now?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a current Debt-to-EBITDA of 10.50. The current Debt-to-EBITDA is 10.50 and 61.3% above the REITs industry median of 6.51. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's overall GF Score™ is 24/100 with 2 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11), the current Debt-to-EBITDA is 10.50 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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima 3600, 11th Floor, cjto 112 (parte), Sao Paulo, SP, BRA, 4538132
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio is a closed-end fund. The fund's objective is to provide its shareholders with appreciation and profitability of their shares in the long term, aiming to obtain capital gains through the investment of its assets.
24GF Score

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

R$3.26
Price