Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Debt-to-EBITDA : -0.95 (As of Dec. 2023)

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What is Hedge Officeome Fundo De Investimento Imobiliario Debt-to-EBITDA?

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

Hedge Officeome Fundo De Investimento Imobiliario's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0.00 Mil. Hedge Officeome Fundo De Investimento Imobiliario's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$58.85 Mil. Hedge Officeome Fundo De Investimento Imobiliario's annualized EBITDA for the quarter that ended in Dec. 2023 was R$-61.72 Mil. Hedge Officeome Fundo De Investimento Imobiliario's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.95.

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 Officeome Fundo De Investimento Imobiliario's Debt-to-EBITDA or its related term are showing as below:

BSP:HOFC11' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.59 Med: 1.69 Max: 9.86
Current: -0.95

During the past 5 years, the highest Debt-to-EBITDA Ratio of Hedge Officeome Fundo De Investimento Imobiliario was 9.86. The lowest was -1.59. And the median was 1.69.

BSP:HOFC11's Debt-to-EBITDA is ranked worse than
100% of 521 companies
in the REITs industry
Industry Median: 7.3 vs BSP:HOFC11: -0.95

Hedge Officeome Fundo De Investimento Imobiliario Debt-to-EBITDA Historical Data

The historical data trend for Hedge Officeome Fundo De Investimento Imobiliario'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.

Hedge Officeome Fundo De Investimento Imobiliario Debt-to-EBITDA Chart

Hedge Officeome Fundo De Investimento Imobiliario Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

9.86

2.12

-1.59

1.69

-0.95

Hedge Officeome Fundo De Investimento Imobiliario Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-EBITDA	9.86	2.12	-1.59	1.69	-0.95

Competitive Comparison of Hedge Officeome Fundo De Investimento Imobiliario's Debt-to-EBITDA

For the REIT - Office subindustry, Hedge Officeome Fundo De Investimento Imobiliario'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 Officeome Fundo De Investimento Imobiliario's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hedge Officeome Fundo De Investimento Imobiliario's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hedge Officeome Fundo De Investimento Imobiliario's Debt-to-EBITDA falls into.

Hedge Officeome Fundo De Investimento Imobiliario Debt-to-EBITDA Calculation

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

Hedge Officeome Fundo De Investimento Imobiliario's Debt-to-EBITDA for the fiscal year 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
	=	(0	+	58.847)	/	-61.718
	=	-0.95

Hedge Officeome Fundo De Investimento Imobiliario'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
	=	(0	+	58.847)	/	-61.718
	=	-0.95

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. 2023) EBITDA data.

Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) 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 Officeome Fundo De Investimento Imobiliario Debt-to-EBITDA Related Terms

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

Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hedge Office Income Fundo De Investimento Imobiliario (BSP:HOFC11) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Brigadeiro Faria Lima, 3600, 11th Floor, cj 112 - Itaim Bibi, Sao Paulo, SP, BRA, 04538-132

Website

https://www.hedgeinvest.com.br

Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.

Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Headlines

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