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Park Street AS (OCSE:PARKST A) Debt-to-EBITDA : 10.82 (As of Dec. 2024)


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What is Park Street AS Debt-to-EBITDA?

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

Park Street AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr563.9 Mil. Park Street AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr682.3 Mil. Park Street AS's annualized EBITDA for the quarter that ended in Dec. 2024 was kr115.2 Mil. Park Street AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 10.82.

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 Park Street AS's Debt-to-EBITDA or its related term are showing as below:

OCSE:PARKST A' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.39   Med: 10.81   Max: 67.57
Current: 12.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Park Street AS was 67.57. The lowest was 3.39. And the median was 10.81.

OCSE:PARKST A's Debt-to-EBITDA is ranked worse than
76.41% of 1255 companies
in the Real Estate industry
Industry Median: 6.07 vs OCSE:PARKST A: 12.60

Park Street AS Debt-to-EBITDA Historical Data

The historical data trend for Park Street AS'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.

Park Street AS Debt-to-EBITDA Chart

Park Street AS 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 6.49 6.94 12.98 67.57 12.60

Park Street AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 10.48 27.06 -109.45 15.19 10.82

Competitive Comparison of Park Street AS's Debt-to-EBITDA

For the Real Estate Services subindustry, Park Street AS'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.


Park Street AS's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Park Street AS's Debt-to-EBITDA falls into.


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Park Street AS Debt-to-EBITDA Calculation

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

Park Street AS'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
=(563.868 + 682.293) / 98.872
=12.60

Park Street AS's annualized Debt-to-EBITDA for the quarter 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
=(563.868 + 682.293) / 115.18
=10.82

* 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 (Dec. 2024) EBITDA data.


Park Street AS  (OCSE:PARKST A) 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.


Park Street AS Debt-to-EBITDA Related Terms

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


Park Street AS Business Description

Traded in Other Exchanges
N/A
Address
Amaliegade 6, 2. Tv, Kobenhavn, DNK, 1256
Park Street AS is a real estate investment and asset management company. The Company manages the real estate portfolio mainly in the office, retail, hotel, and residential. The company generates the majority of its revenue from rental income. The Group's investment properties are geographically concentrated in Greater Copenhagen and Zealand.

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