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Globe Trade Centre (Globe Trade Centre) Debt-to-EBITDA : -6.63 (As of Dec. 2023)


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What is Globe Trade Centre Debt-to-EBITDA?

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

Globe Trade Centre's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $49.95 Mil. Globe Trade Centre's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,387.02 Mil. Globe Trade Centre's annualized EBITDA for the quarter that ended in Dec. 2023 was $-216.79 Mil. Globe Trade Centre's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -6.63.

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 Globe Trade Centre's Debt-to-EBITDA or its related term are showing as below:

GBCEY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.15   Med: 8.52   Max: 27.74
Current: 25.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Globe Trade Centre was 27.74. The lowest was -31.15. And the median was 8.52.

GBCEY's Debt-to-EBITDA is ranked worse than
89.22% of 1262 companies
in the Real Estate industry
Industry Median: 5.775 vs GBCEY: 25.07

Globe Trade Centre Debt-to-EBITDA Historical Data

The historical data trend for Globe Trade Centre'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.

Globe Trade Centre Debt-to-EBITDA Chart

Globe Trade Centre 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 9.98 -31.15 14.85 18.58 27.74

Globe Trade Centre Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.92 68.86 -16.19 3.70 -6.63

Competitive Comparison of Globe Trade Centre's Debt-to-EBITDA

For the Real Estate Services subindustry, Globe Trade Centre'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.


Globe Trade Centre's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Globe Trade Centre's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Globe Trade Centre's Debt-to-EBITDA falls into.



Globe Trade Centre Debt-to-EBITDA Calculation

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

Globe Trade Centre'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
=(49.945 + 1387.023) / 51.799
=27.74

Globe Trade Centre'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
=(49.945 + 1387.023) / -216.792
=-6.63

* 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 (Dec. 2023) EBITDA data.


Globe Trade Centre  (OTCPK:GBCEY) 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.


Globe Trade Centre Debt-to-EBITDA Related Terms

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


Globe Trade Centre (Globe Trade Centre) Business Description

Traded in Other Exchanges
Address
Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146
Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Belgrade, Hungary, Bucharest, Zagreb, and Sofia. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, almost half of the company's revenue comes from Poland and the remaining is made up of other geographic areas.

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