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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Debt-to-EBITDA : 7.31 (As of Jun. 2019)


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What is Millenniumpthorne Hotels Debt-to-EBITDA?

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

Millenniumpthorne Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $489 Mil. Millenniumpthorne Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $1,104 Mil. Millenniumpthorne Hotels's annualized EBITDA for the quarter that ended in Jun. 2019 was $218 Mil. Millenniumpthorne Hotels's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 was 7.31.

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 Millenniumpthorne Hotels's Debt-to-EBITDA or its related term are showing as below:

MLCTF's Debt-to-EBITDA is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.815
* Ranked among companies with meaningful Debt-to-EBITDA only.

Millenniumpthorne Hotels Debt-to-EBITDA Historical Data

The historical data trend for Millenniumpthorne Hotels'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.

Millenniumpthorne Hotels Debt-to-EBITDA Chart

Millenniumpthorne Hotels Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 4.44 5.12 4.05 5.43

Millenniumpthorne Hotels Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 5.19 5.98 30.61 13.17 7.31

Competitive Comparison of Millenniumpthorne Hotels's Debt-to-EBITDA

For the Lodging subindustry, Millenniumpthorne Hotels'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.


Millenniumpthorne Hotels's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

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

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



Millenniumpthorne Hotels Debt-to-EBITDA Calculation

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

Millenniumpthorne Hotels's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(396.203 + 998.734) / 256.962
=5.43

Millenniumpthorne Hotels's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(489.227 + 1103.929) / 217.996
=7.31

* 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 four times the quarterly (Jun. 2019) EBITDA data.


Millenniumpthorne Hotels  (OTCPK:MLCTF) 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.


Millenniumpthorne Hotels Debt-to-EBITDA Related Terms

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


Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Traded in Other Exchanges
N/A
Address
Scarsdale Place, Kensington, London, GBR, W8 5SR
Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

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