LRE (Lead Real Estate Co) Debt-to-EBITDA : 6.66 (As of Jun. 2024)

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What is Lead Real Estate Co Debt-to-EBITDA?

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

Lead Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $43.7 Mil. Lead Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $29.7 Mil. Lead Real Estate Co's annualized EBITDA for the quarter that ended in Jun. 2024 was $11.0 Mil. Lead Real Estate Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 6.65.

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 Lead Real Estate Co's Debt-to-EBITDA or its related term are showing as below:

LRE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 9.73 Med: 11.06 Max: 24.46
Current: 10.59

During the past 5 years, the highest Debt-to-EBITDA Ratio of Lead Real Estate Co was 24.46. The lowest was 9.73. And the median was 11.06.

LRE's Debt-to-EBITDA is ranked worse than
70.09% of 1264 companies
in the Real Estate industry
Industry Median: 6.13 vs LRE: 10.59

Lead Real Estate Co Debt-to-EBITDA Historical Data

The historical data trend for Lead Real Estate Co'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.

Lead Real Estate Co Debt-to-EBITDA Chart

Lead Real Estate Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-EBITDA

24.46

12.33

9.73

11.06

10.79

Lead Real Estate Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial				7.60	17.93	7.79	30.41	6.66

Competitive Comparison of Lead Real Estate Co's Debt-to-EBITDA

For the Real Estate - Development subindustry, Lead Real Estate Co'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.

Lead Real Estate Co's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Lead Real Estate Co's Debt-to-EBITDA falls into.

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Lead Real Estate Co Debt-to-EBITDA Calculation

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

Lead Real Estate Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(43.749	+	29.707)	/	6.81
	=	10.79

Lead Real Estate Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(43.749	+	29.707)	/	11.038
	=	6.65

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 (Jun. 2024) EBITDA data.

Lead Real Estate Co (NAS:LRE) 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.

Lead Real Estate Co Debt-to-EBITDA Related Terms

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

Lead Real Estate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lead Real Estate Co Ltd (NAS:LRE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nampeidai-cho, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Shibuya-ku, Tokyo, JPN, 150-0036

Website

https://www.lead-real.co.jp

Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo. The company also operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. Predominantly, its revenue is generated from developing and selling single-family homes and condominiums. The company's sole operating segment is real estate sales. Geographically, it derives revenue from Japan.