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Castleview Property Fund (JSE:CVW) Debt-to-EBITDA : 6.20 (As of Mar. 2024)


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What is Castleview Property Fund Debt-to-EBITDA?

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

Castleview Property Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R2,428 Mil. Castleview Property Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R8,141 Mil. Castleview Property Fund's annualized EBITDA for the quarter that ended in Mar. 2024 was R1,704 Mil. Castleview Property Fund's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.20.

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

JSE:CVW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.72   Med: 5.24   Max: 8.57
Current: 8.57

During the past 7 years, the highest Debt-to-EBITDA Ratio of Castleview Property Fund was 8.57. The lowest was -15.72. And the median was 5.24.

JSE:CVW's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.49 vs JSE:CVW: 8.57

Castleview Property Fund Debt-to-EBITDA Historical Data

The historical data trend for Castleview Property Fund'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.

Castleview Property Fund Debt-to-EBITDA Chart

Castleview Property Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 4.89 -15.72 6.18 4.39 8.57

Castleview Property Fund Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.62 1.11 2.27 13.41 6.20

Competitive Comparison of Castleview Property Fund's Debt-to-EBITDA

For the REIT - Retail subindustry, Castleview Property Fund'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.


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

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

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



Castleview Property Fund Debt-to-EBITDA Calculation

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

Castleview Property Fund's Debt-to-EBITDA for the fiscal year 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
=(2427.878 + 8140.679) / 1232.853
=8.57

Castleview Property Fund'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
=(2427.878 + 8140.679) / 1703.756
=6.20

* 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 (Mar. 2024) EBITDA data.


Castleview Property Fund  (JSE:CVW) 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.


Castleview Property Fund Debt-to-EBITDA Related Terms

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


Castleview Property Fund Business Description

Traded in Other Exchanges
N/A
Address
13 Hudson Street, De Waterkant, Woodstock, Cape Town, WC, ZAF, 8001
Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.

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