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New Frontier Properties (JSE:NFP) Debt-to-EBITDA : 55.81 (As of May. 2020)


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What is New Frontier Properties Debt-to-EBITDA?

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

New Frontier Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was R572.6 Mil. New Frontier Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was R1,774.2 Mil. New Frontier Properties's annualized EBITDA for the quarter that ended in May. 2020 was R42.0 Mil. New Frontier Properties's annualized Debt-to-EBITDA for the quarter that ended in May. 2020 was 55.81.

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

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

New Frontier Properties Debt-to-EBITDA Historical Data

The historical data trend for New Frontier 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.

New Frontier Properties Debt-to-EBITDA Chart

New Frontier Properties Annual Data
Trend Dec14 Aug16 Aug17 Aug18 Aug19
Debt-to-EBITDA
N/A 41.00 30.52 -2.47 -2.62

New Frontier Properties Quarterly Data
May15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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 -0.90 -5.62 0.15 -221.63 55.81

Competitive Comparison of New Frontier Properties's Debt-to-EBITDA

For the REIT - Retail subindustry, New Frontier 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.


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

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

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



New Frontier Properties Debt-to-EBITDA Calculation

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

New Frontier Properties's Debt-to-EBITDA for the fiscal year that ended in Aug. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2992.191 + 0) / -1141.524
=-2.62

New Frontier Properties's annualized Debt-to-EBITDA for the quarter that ended in May. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(572.58 + 1774.194) / 42.048
=55.81

* 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 (May. 2020) EBITDA data.


New Frontier Properties  (JSE:NFP) 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.


New Frontier Properties Debt-to-EBITDA Related Terms

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


New Frontier Properties (JSE:NFP) Business Description

Traded in Other Exchanges
N/A
Address
B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS
New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

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