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Tobin Properties AB (OSTO:TOBIN PREF.PFD) Debt-to-EBITDA : -8.23 (As of Mar. 2019)


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What is Tobin Properties AB Debt-to-EBITDA?

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

Tobin Properties AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was kr555.64 Mil. Tobin Properties AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was kr365.14 Mil. Tobin Properties AB's annualized EBITDA for the quarter that ended in Mar. 2019 was kr-111.93 Mil. Tobin Properties AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2019 was -8.23.

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 Tobin Properties AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:TOBIN PREF.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -685.42   Med: -0.64   Max: 12.13
Current: -22.91

During the past 8 years, the highest Debt-to-EBITDA Ratio of Tobin Properties AB was 12.13. The lowest was -685.42. And the median was -0.64.

OSTO:TOBIN PREF.PFD's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 6.1 vs OSTO:TOBIN PREF.PFD: -22.91

Tobin Properties AB Debt-to-EBITDA Historical Data

The historical data trend for Tobin Properties AB'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.

Tobin Properties AB Debt-to-EBITDA Chart

Tobin Properties AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial 7.40 -20.25 6.39 12.13 -685.42

Tobin Properties AB Quarterly Data
Sep13 Dec13 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 23.49 27.01 100.00 -9.46 -8.23

Competitive Comparison of Tobin Properties AB's Debt-to-EBITDA

For the Real Estate - Development subindustry, Tobin Properties AB'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.


Tobin Properties AB's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Tobin Properties AB's Debt-to-EBITDA falls into.


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Tobin Properties AB Debt-to-EBITDA Calculation

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

Tobin Properties AB'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
=(553.211 + 366.618) / -1.342
=-685.42

Tobin Properties AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(555.644 + 365.144) / -111.928
=-8.23

* 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 (Mar. 2019) EBITDA data.


Tobin Properties AB  (OSTO:TOBIN PREF.PFD) 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.


Tobin Properties AB Debt-to-EBITDA Related Terms

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


Tobin Properties AB Business Description

Traded in Other Exchanges
N/A
Address
Humlegardsgatan 19A, Stockholm, SWE, 114 46
Tobin Properties AB is a real estate development company. Its project portfolio comprises a total of about 1664 apartments with 109,400 square meters of floor space.

Tobin Properties AB Headlines

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