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Shopper Park Plus (BUD:SPLUS) Debt-to-EBITDA : 4.72 (As of Mar. 2024)


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What is Shopper Park Plus Debt-to-EBITDA?

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

Shopper Park Plus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €6.00 Mil. Shopper Park Plus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €132.63 Mil. Shopper Park Plus's annualized EBITDA for the quarter that ended in Mar. 2024 was €29.34 Mil. Shopper Park Plus's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.72.

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 Shopper Park Plus's Debt-to-EBITDA or its related term are showing as below:

BUD:SPLUS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.13   Med: 5.88   Max: 9.22
Current: 9.22

During the past 5 years, the highest Debt-to-EBITDA Ratio of Shopper Park Plus was 9.22. The lowest was 5.13. And the median was 5.88.

BUD:SPLUS's Debt-to-EBITDA is ranked worse than
65.23% of 1254 companies
in the Real Estate industry
Industry Median: 5.965 vs BUD:SPLUS: 9.22

Shopper Park Plus Debt-to-EBITDA Historical Data

The historical data trend for Shopper Park Plus'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.

Shopper Park Plus Debt-to-EBITDA Chart

Shopper Park Plus Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - - 5.13 6.63

Shopper Park Plus Quarterly Data
Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only N/A - 4.96 N/A 4.72

Competitive Comparison of Shopper Park Plus's Debt-to-EBITDA

For the Real Estate - Development subindustry, Shopper Park Plus'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.


Shopper Park Plus's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Shopper Park Plus Debt-to-EBITDA Calculation

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

Shopper Park Plus'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
=(5.906 + 134.092) / 21.125
=6.63

Shopper Park Plus'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
=(6 + 132.633) / 29.344
=4.72

* 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.


Shopper Park Plus  (BUD:SPLUS) 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.


Shopper Park Plus Debt-to-EBITDA Related Terms

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


Shopper Park Plus (BUD:SPLUS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1015 Budapest, Batthyany utca 3, Fsz. Door 1, Budapest, HUN
Shopper Park Plus PLC is a company which operates through its subsidiaries deals with the development, management and renovation of commercial real estates. It develops its current properties with the aim of making them operational on the basis of lease contracts use it by renting it out.

Shopper Park Plus (BUD:SPLUS) Headlines

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