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Shang Properties (PHS:SHNG) Debt-to-EBITDA : 1.81 (As of Sep. 2024)


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What is Shang Properties Debt-to-EBITDA?

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

Shang Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱15,075 Mil. Shang Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱0 Mil. Shang Properties's annualized EBITDA for the quarter that ended in Sep. 2024 was ₱8,341 Mil. Shang Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.81.

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

PHS:SHNG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.96   Med: 1.76   Max: 3.16
Current: 1.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shang Properties was 3.16. The lowest was 0.96. And the median was 1.76.

PHS:SHNG's Debt-to-EBITDA is ranked better than
79.31% of 1223 companies
in the Real Estate industry
Industry Median: 6.18 vs PHS:SHNG: 1.85

Shang Properties Debt-to-EBITDA Historical Data

The historical data trend for Shang Properties'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.

Shang Properties Debt-to-EBITDA Chart

Shang Properties 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 1.01 1.91 3.16 1.61 1.34

Shang Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.40 1.07 1.87 1.70 1.81

Competitive Comparison of Shang Properties's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Shang Properties'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.


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

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

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



Shang Properties Debt-to-EBITDA Calculation

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

Shang Properties'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
=(10115 + 0) / 7578.729
=1.33

Shang Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15075 + 0) / 8340.504
=1.81

* 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 (Sep. 2024) EBITDA data.


Shang Properties  (PHS:SHNG) 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.


Shang Properties Debt-to-EBITDA Related Terms

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


Shang Properties Business Description

Traded in Other Exchanges
N/A
Address
EDSA Corner Shaw Boulevard, Level 5, Administration Offices, Shangri-La Plaza Mall, Metro Manila, Mandaluyong, PHL, 1550
Shang Properties Inc engages in property investment and development, real estate management, leasing, and mall and carpark operations in the Philippines. The company has operations in the Philippines. Its business divisions are Property Development, Hotel Operation, and Leasing.

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