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Acucap Properties (JSE:ACP) Debt-to-EBITDA : 5.53 (As of Sep. 2014)


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What is Acucap Properties Debt-to-EBITDA?

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

Acucap Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was R483.9 Mil. Acucap Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was R7,761.2 Mil. Acucap Properties's annualized EBITDA for the quarter that ended in Sep. 2014 was R1,491.9 Mil. Acucap Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was 5.53.

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 Acucap Properties's Debt-to-EBITDA or its related term are showing as below:

JSE:ACP's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 7.3
* Ranked among companies with meaningful Debt-to-EBITDA only.

Acucap Properties Debt-to-EBITDA Historical Data

The historical data trend for Acucap Properties'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.

Acucap Properties Debt-to-EBITDA Chart

Acucap Properties Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Debt-to-EBITDA
Get a 7-Day Free Trial 2.03 3.84 4.29 4.31 5.04

Acucap Properties Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 2.98 4.06 5.45 5.53

Competitive Comparison of Acucap Properties's Debt-to-EBITDA

For the REIT - Retail subindustry, Acucap Properties'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.


Acucap Properties's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Acucap Properties Debt-to-EBITDA Calculation

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

Acucap Properties's Debt-to-EBITDA for the fiscal year that ended in Mar. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(606.624 + 5980.135) / 1306.13
=5.04

Acucap Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(483.853 + 7761.225) / 1491.918
=5.53

* 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. 2014) EBITDA data.


Acucap Properties  (JSE:ACP) 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.


Acucap Properties Debt-to-EBITDA Related Terms

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


Acucap Properties (JSE:ACP) Business Description

Traded in Other Exchanges
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Address
Website
Acucap Properties Ltd carries on the business of a property holding company through the ownership of investment properties by its wholly owned subsidiaries. Its segments include Retail, Offices, Industrial, Property development and Storage.