Premiere Island Power REIT (PHS:PREIT) Debt-to-EBITDA : 0.01 (As of Mar. 2024)

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What is Premiere Island Power REIT Debt-to-EBITDA?

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

Premiere Island Power REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.4 Mil. Premiere Island Power REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱5.6 Mil. Premiere Island Power REIT's annualized EBITDA for the quarter that ended in Mar. 2024 was ₱580.0 Mil. Premiere Island Power REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.01.

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 Premiere Island Power REIT's Debt-to-EBITDA or its related term are showing as below:

PHS:PREIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 3 years, the highest Debt-to-EBITDA Ratio of Premiere Island Power REIT was 0.01. The lowest was 0.01. And the median was 0.01.

PHS:PREIT's Debt-to-EBITDA is ranked better than
99.81% of 521 companies
in the REITs industry
Industry Median: 7.3 vs PHS:PREIT: 0.01

Premiere Island Power REIT Debt-to-EBITDA Historical Data

The historical data trend for Premiere Island Power REIT'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.

Premiere Island Power REIT Debt-to-EBITDA Chart

Premiere Island Power REIT Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.01

N/A

0.01

Premiere Island Power REIT Quarterly Data
	Dec21	May22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial				0.01	0.01	0.01	-	0.01

Competitive Comparison of Premiere Island Power REIT's Debt-to-EBITDA

For the REIT - Specialty subindustry, Premiere Island Power REIT'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.

Premiere Island Power REIT's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Premiere Island Power REIT's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Premiere Island Power REIT's Debt-to-EBITDA falls into.

Premiere Island Power REIT Debt-to-EBITDA Calculation

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

Premiere Island Power REIT'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
	=	(0.382	+	5.82)	/	834.457
	=	0.01

Premiere Island Power REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.408	+	5.61)	/	580.012
	=	0.01

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. 2024) EBITDA data.

Premiere Island Power REIT (PHS:PREIT) 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.

Premiere Island Power REIT Debt-to-EBITDA Related Terms

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

Premiere Island Power REIT (PHS:PREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Premiere Island Power REIT Corp (PHS:PREIT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

CV Starr Avenue, 4th Floor Starmall IT Hub, Pamplona Dos, Philamlife Village, Las Piñas, PHL, 1747

Website

https://www.preit.com.ph

Premiere Island Power REIT Corp operates as a real estate investment trust, holding assets that operate in the power generation industry. It is formed primarily to own and invest in income-generating assets that meet the company's investment criteria. The REIT has determined that it operates as one operating segment. The REIT's only income-generating activity is the lease of its land, right-of-use asset, buildings and generation asset. The REIT derives its rental income from SIPCOR and CAMPCOR.

Premiere Island Power REIT (PHS:PREIT) Headlines

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