Songbird Estates (LSE:SBD) Debt-to-EBITDA : 4.95 (As of Jun. 2014)

Songbird Estates Debt-to-EBITDA Chart

Songbird Estates Annual Data
	Trend	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Debt-to-EBITDA		Get a 7-Day Free Trial					7.15	5.06	-24.81	9.53	2.90

Songbird Estates Semi-Annual Data
	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Debt-to-EBITDA	Get a 7-Day Free Trial															8.63	28.42	5.04	2.42	4.95

Competitive Comparison of Songbird Estates's Debt-to-EBITDA

For the Real Estate Services subindustry, Songbird Estates'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.

Songbird Estates's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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

Songbird Estates Debt-to-EBITDA Calculation

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

Songbird Estates's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Songbird Estates's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 is calculated as

* 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. 2014) EBITDA data.

Songbird Estates  (LSE:SBD) 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.

Songbird Estates Debt-to-EBITDA Related Terms

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Songbird Estates (LSE:SBD) Business Description