Lendlease Global Commercial REIT (SGX:JYEU) Debt-to-EBITDA : 11.98 (As of Dec. 2023)

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What is Lendlease Global Commercial REIT Debt-to-EBITDA?

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

Lendlease Global Commercial REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.2 Mil. Lendlease Global Commercial REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1,513.0 Mil. Lendlease Global Commercial REIT's annualized EBITDA for the quarter that ended in Dec. 2023 was S$126.3 Mil. Lendlease Global Commercial REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 11.98.

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 Lendlease Global Commercial REIT's Debt-to-EBITDA or its related term are showing as below:

SGX:JYEU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 9 Med: 9.64 Max: 159.15
Current: 10.94

During the past 4 years, the highest Debt-to-EBITDA Ratio of Lendlease Global Commercial REIT was 159.15. The lowest was 9.00. And the median was 9.64.

SGX:JYEU's Debt-to-EBITDA is ranked worse than
72.5% of 520 companies
in the REITs industry
Industry Median: 7.305 vs SGX:JYEU: 10.94

Lendlease Global Commercial REIT Debt-to-EBITDA Historical Data

The historical data trend for Lendlease Global Commercial 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.

Lendlease Global Commercial REIT Debt-to-EBITDA Chart

Lendlease Global Commercial REIT Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

N/A

159.15

9.00

9.64

Lendlease Global Commercial REIT Semi-Annual Data
	Mar20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			6.39	6.61	8.71	10.08	11.98

Competitive Comparison of Lendlease Global Commercial REIT's Debt-to-EBITDA

For the REIT - Diversified subindustry, Lendlease Global Commercial 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.

Lendlease Global Commercial REIT's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lendlease Global Commercial REIT's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lendlease Global Commercial REIT's Debt-to-EBITDA falls into.

Lendlease Global Commercial REIT Debt-to-EBITDA Calculation

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

Lendlease Global Commercial REIT's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(433.849	+	1080.205)	/	157.043
	=	9.64

Lendlease Global Commercial REIT's annualized Debt-to-EBITDA for the quarter 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
	=	(0.24	+	1513.022)	/	126.32
	=	11.98

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. 2023) EBITDA data.

Lendlease Global Commercial REIT (SGX:JYEU) 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.

Lendlease Global Commercial REIT Debt-to-EBITDA Related Terms

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

Lendlease Global Commercial REIT (SGX:JYEU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lendlease Global Commercial REIT (SGX:JYEU) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Tanjong Katong Road, No. 05-01 PLQ 3, Paya Lebar Quarter, Singapore, SGP, 437161

Website

https://www.lendleaseglobalcommercialreit.com

Lendlease Global Commercial REIT is a Singapore real estate investment trust. It is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally that are used primarily for retail and office purposes as well as real estate-related assets in connection with the foregoing. The company's geographical segment includes Singapore segment which comprises of leasing of retail and office buildings in Singapore. and Italy segment which comprises of easing of Sky Complex, comprising three office buildings in Milan. It derives a majority of revenue from Singapore.

Lendlease Global Commercial REIT (SGX:JYEU) Headlines

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