London & Associated Properties (LSE:LAS) Debt-to-EBITDA : 144.92 (As of Jun. 2025) — 1872% Above Median

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What is London & Associated Properties Debt-to-EBITDA?

London & Associated Properties LSE:LAS +33.33% Debt-to-EBITDA is 144.92 as of Jun. 2025, which is 1872% above its 10-year median of 7.35. The stock has 1 warning sign investors should review.

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

London & Associated Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was £7.60 Mil. London & Associated Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was £19.07 Mil. London & Associated Properties's annualized EBITDA for the quarter that ended in Jun. 2025 was £0.18 Mil. London & Associated Properties's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 was 144.92.

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

LSE:LAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.44   Med: 7.35   Max: 40.62
Current: 6.23

During the past 13 years, the highest Debt-to-EBITDA Ratio of London & Associated Properties was 40.62. The lowest was -9.44. And the median was 7.35.

LSE:LAS's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 5.62 vs LSE:LAS: 6.23

London & Associated Properties  (LSE:LAS) 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.


London & Associated Properties Debt-to-EBITDA Related Terms


London & Associated Properties Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for London & Associated 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.

London & Associated Properties Debt-to-EBITDA Chart

London & Associated Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.44 6.24 1.10 14.59 2.36

London & Associated Properties Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 141.24 7.89 1.79 3.30 144.92

LSE:LAS vs CBRE, CSGP, BEKE: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, London & Associated 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.


London & Associated Properties Debt-to-EBITDA vs Real Estate Industry

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

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



London & Associated Properties Debt-to-EBITDA Calculation

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

London & Associated Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.602 + 20.063) / 11.701
=2.36

London & Associated Properties's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.597 + 19.069) / 0.184
=144.92

* 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 (Jun. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 144.92 mean?
London & Associated Properties (LSE:LAS) has a Debt-to-EBITDA of 144.92 as of Jun. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on London & Associated Properties. This is 1872% above median its historical median of 7.35.
Is London & Associated Properties' Debt-to-EBITDA too high?
London & Associated Properties' current Debt-to-EBITDA of 144.92 is 1872% above median its 10-year median of 7.35. The Real Estate industry median Debt-to-EBITDA is 5.62. London & Associated Properties' value of 144.92 is 2478.6% above this industry median.
How does London & Associated Properties' Debt-to-EBITDA compare to CBRE and CSGP?
London & Associated Properties' Debt-to-EBITDA of 144.92 can be compared against companies in the Real Estate industry. The industry median Debt-to-EBITDA is 5.62. London & Associated Properties' value of 144.92 is 2478.6% above this benchmark. While the company's 10-year median is 7.35 vs. the industry median of 5.62, London & Associated Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.62, based on 1,275 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. London & Associated Properties's current Debt-to-EBITDA of 144.92 is 2478.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on London & Associated Properties. For the Real Estate industry, the median Debt-to-EBITDA is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London & Associated Properties's current Debt-to-EBITDA is 144.92, which is 1872% above median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London & Associated Properties stock overvalued right now?
London & Associated Properties (LSE:LAS) has a current Debt-to-EBITDA of 144.92. The stock's GF Value™ is £0.10, compared to a current price of £0.04 — trading 60% below its estimated fair value. The current Debt-to-EBITDA is 144.92, which is 1872% above median its 10-year median of 7.35 and 2478.6% above the Real Estate industry median of 5.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For London & Associated Properties (LSE:LAS), the current Debt-to-EBITDA is 144.92 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

London & Associated Properties Business Description

Address 12 Little Portland Street, 2nd Floor, London, GBR, W1W 8BJ
London & Associated Properties PLC is a property investment company specializing in retail. It directly owns a portfolio of shopping centres and other retail properties. The company also invests in joint ventures with institutional co-owners. Its business segments include LAP operations, Bisichi operations, which derive maximum revenue, and Dragon operations. LAP is focused on property activities, but it also holds and manages investments. Bisichi is a coal mining company with operations in South Africa and also holds investment property in the UK and derives income from property rentals. The Dragon Retail Property segment includes a property investment company and derives its income from property rentals. All the operations function through the UK region.