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City Developments (SGX:C70.PFD) Debt-to-EBITDA : 13.95 (As of Dec. 2024)


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What is City Developments Debt-to-EBITDA?

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

City Developments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$4,622.08 Mil. City Developments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$9,354.49 Mil. City Developments's annualized EBITDA for the quarter that ended in Dec. 2024 was S$1,001.76 Mil. City Developments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 13.95.

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 City Developments's Debt-to-EBITDA or its related term are showing as below:

SGX:C70.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.05   Med: 5.06   Max: 16.75
Current: 13.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of City Developments was 16.75. The lowest was -9.05. And the median was 5.06.

SGX:C70.PFD's Debt-to-EBITDA is ranked worse than
78.18% of 1256 companies
in the Real Estate industry
Industry Median: 6.05 vs SGX:C70.PFD: 13.21

City Developments Debt-to-EBITDA Historical Data

The historical data trend for City Developments'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.

City Developments Debt-to-EBITDA Chart

City Developments 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 -9.05 16.75 4.37 10.50 11.64

City Developments 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 9.21 10.78 11.37 11.47 13.95

Competitive Comparison of City Developments's Debt-to-EBITDA

For the Real Estate - Development subindustry, City Developments'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.


City Developments's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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


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City Developments Debt-to-EBITDA Calculation

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

City Developments'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
=(4622.079 + 9354.488) / 1200.464
=11.64

City Developments'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
=(4622.079 + 9354.488) / 1001.758
=13.95

* 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.


City Developments  (SGX:C70.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.


City Developments Debt-to-EBITDA Related Terms

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


City Developments Business Description

Traded in Other Exchanges
Address
9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.

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