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TLG Immobilien AG (CHIX:TLGD) Debt-to-EBITDA : -1.06 (As of Dec. 2023)


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What is TLG Immobilien AG Debt-to-EBITDA?

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

TLG Immobilien AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €59.0 Mil. TLG Immobilien AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €641.6 Mil. TLG Immobilien AG's annualized EBITDA for the quarter that ended in Dec. 2023 was €-659.8 Mil. TLG Immobilien AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.06.

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 TLG Immobilien AG's Debt-to-EBITDA or its related term are showing as below:

CHIX:TLGD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.06   Med: 3.58   Max: 9.91
Current: -1.06

During the past 11 years, the highest Debt-to-EBITDA Ratio of TLG Immobilien AG was 9.91. The lowest was -1.06. And the median was 3.58.

CHIX:TLGD's Debt-to-EBITDA is ranked worse than
100% of 1261 companies
in the Real Estate industry
Industry Median: 6.03 vs CHIX:TLGD: -1.06

TLG Immobilien AG Debt-to-EBITDA Historical Data

The historical data trend for TLG Immobilien AG'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.

TLG Immobilien AG Debt-to-EBITDA Chart

TLG Immobilien AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 1.31 1.40 9.91 -1.06

TLG Immobilien AG Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.08 1.31 1.40 9.91 -1.06

Competitive Comparison of TLG Immobilien AG's Debt-to-EBITDA

For the Real Estate Services subindustry, TLG Immobilien AG'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.


TLG Immobilien AG's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



TLG Immobilien AG Debt-to-EBITDA Calculation

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

TLG Immobilien AG'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
=(58.95 + 641.637) / -659.846
=-1.06

TLG Immobilien AG'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
=(58.95 + 641.637) / -659.846
=-1.06

* 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. 2023) EBITDA data.


TLG Immobilien AG  (CHIX:TLGD) 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.


TLG Immobilien AG Debt-to-EBITDA Related Terms

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


TLG Immobilien AG Business Description

Traded in Other Exchanges
Address
Hausvogteiplatz 12, Berlin, BB, DEU, D-10117
TLG Immobilien AG is a commercial real estate company that focuses on the Berlin and eastern Germany regions of the Baltic coast and the Middle Germany core region. The company manages a portfolio of commercial properties mainly for office and retail uses. In addition, TLG Immobilien owns and operates several hotel properties that are located in Berlin, Dresden, Leipzig, and Rostock. The company provides property management, letting, sales, and purchases services. The majority of the group's revenue comes from rental and letting activities.

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