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Argosy Property (Argosy Property) Debt-to-EBITDA : 113.45 (As of Sep. 2023)


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What is Argosy Property Debt-to-EBITDA?

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

Argosy Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.08 Mil. Argosy Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $482.07 Mil. Argosy Property's annualized EBITDA for the quarter that ended in Sep. 2023 was $4.25 Mil. Argosy Property's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 113.45.

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 Argosy Property's Debt-to-EBITDA or its related term are showing as below:

IGPYF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -29.71   Med: 3.61   Max: 5.33
Current: -12.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Argosy Property was 5.33. The lowest was -29.71. And the median was 3.61.

IGPYF's Debt-to-EBITDA is ranked worse than
100% of 508 companies
in the REITs industry
Industry Median: 7.15 vs IGPYF: -12.43

Argosy Property Debt-to-EBITDA Historical Data

The historical data trend for Argosy Property'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.

Argosy Property Debt-to-EBITDA Chart

Argosy Property Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 5.33 2.90 2.78 -29.70

Argosy Property Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.50 3.02 11.91 -5.80 113.45

Competitive Comparison of Argosy Property's Debt-to-EBITDA

For the REIT - Diversified subindustry, Argosy Property'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.


Argosy Property's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Argosy Property's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Argosy Property's Debt-to-EBITDA falls into.



Argosy Property Debt-to-EBITDA Calculation

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

Argosy Property's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.075 + 496.551) / -16.719
=-29.70

Argosy Property's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.075 + 482.072) / 4.25
=113.45

* 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 two times the quarterly (Sep. 2023) EBITDA data.


Argosy Property  (OTCPK:IGPYF) 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.


Argosy Property Debt-to-EBITDA Related Terms

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


Argosy Property (Argosy Property) Business Description

Traded in Other Exchanges
Address
Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.

Argosy Property (Argosy Property) Headlines

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