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Circle Property (LSE:CRC) Debt-to-EBITDA : -0.02 (As of Sep. 2022)


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What is Circle Property Debt-to-EBITDA?

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

Circle Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £0.03 Mil. Circle Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £0.03 Mil. Circle Property's annualized EBITDA for the quarter that ended in Sep. 2022 was £-3.36 Mil. Circle Property's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.02.

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

LSE:CRC's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.965
* Ranked among companies with meaningful Debt-to-EBITDA only.

Circle Property Debt-to-EBITDA Historical Data

The historical data trend for Circle 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.

Circle Property Debt-to-EBITDA Chart

Circle Property Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
Get a 7-Day Free Trial 3.44 2.95 8.92 -49.75 3.03

Circle Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 469.05 -23.63 23.91 1.84 -0.02

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

For the Real Estate Services subindustry, Circle 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.


Circle Property's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Circle Property Debt-to-EBITDA Calculation

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

Circle Property's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.33 + 0.047) / 7.055
=3.03

Circle Property's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.026 + 0.034) / -3.356
=-0.02

* 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. 2022) EBITDA data.


Circle Property  (LSE:CRC) 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.


Circle Property Debt-to-EBITDA Related Terms

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


Circle Property (LSE:CRC) Business Description

Traded in Other Exchanges
N/A
Address
c/o Oak Group (Jersey) Ltd, Castle Street, 3rd Floor, IFC5, St Helier, JEY, JE2 3BY
Circle Property PLC is a property investment company. The company acquires provincial office properties where it can add value by undertaking lease renewals, rent reviews, lettings, and refurbishments. It generates revenue from Rental income. Some of the company's portfolio include Kents Hill Park, Somerset House, One Castlepark, 36 Great Charles Street, Aztec West Business Park, Northampton Business Park, and others. Geographically, it operates only in the United Kingdom.