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Minor Hotels Europe & Americas (LTS:0OHG) Debt-to-EBITDA : 3.88 (As of Jun. 2024)


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What is Minor Hotels Europe & Americas Debt-to-EBITDA?

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

Minor Hotels Europe & Americas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €281 Mil. Minor Hotels Europe & Americas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2,142 Mil. Minor Hotels Europe & Americas's annualized EBITDA for the quarter that ended in Jun. 2024 was €625 Mil. Minor Hotels Europe & Americas's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 3.88.

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 Minor Hotels Europe & Americas's Debt-to-EBITDA or its related term are showing as below:

LTS:0OHG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -33.65   Med: 4.39   Max: 10.63
Current: 3.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Minor Hotels Europe & Americas was 10.63. The lowest was -33.65. And the median was 4.39.

LTS:0OHG's Debt-to-EBITDA is ranked worse than
59.07% of 623 companies
in the Travel & Leisure industry
Industry Median: 2.96 vs LTS:0OHG: 3.78

Minor Hotels Europe & Americas Debt-to-EBITDA Historical Data

The historical data trend for Minor Hotels Europe & Americas'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.

Minor Hotels Europe & Americas Debt-to-EBITDA Chart

Minor Hotels Europe & Americas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.98 -33.65 10.63 4.56 4.00

Minor Hotels Europe & Americas Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 6.92 3.53 4.40 3.72 3.88

Competitive Comparison of Minor Hotels Europe & Americas's Debt-to-EBITDA

For the Lodging subindustry, Minor Hotels Europe & Americas'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.


Minor Hotels Europe & Americas's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Minor Hotels Europe & Americas's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Minor Hotels Europe & Americas's Debt-to-EBITDA falls into.



Minor Hotels Europe & Americas Debt-to-EBITDA Calculation

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

Minor Hotels Europe & Americas's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(282.511 + 2159.329) / 610.691
=4.00

Minor Hotels Europe & Americas'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
=(280.608 + 2141.734) / 624.554
=3.88

* 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. 2024) EBITDA data.


Minor Hotels Europe & Americas  (LTS:0OHG) 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.


Minor Hotels Europe & Americas Debt-to-EBITDA Related Terms

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


Minor Hotels Europe & Americas Business Description

Traded in Other Exchanges
Address
Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003
Minor Hotels Europe & Americas SA is a Spanish owner and operator of hotels. The company reports turnover across four categories: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy generates the majority of its income. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.

Minor Hotels Europe & Americas Headlines

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