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Brookfield Renewable Power Preferred Equity (TSX:BRF.PR.E.PFD) Debt-to-EBITDA : 6.74 (As of Dec. 2023)


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What is Brookfield Renewable Power Preferred Equity Debt-to-EBITDA?

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

Brookfield Renewable Power Preferred Equity's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$6,675.80 Mil. Brookfield Renewable Power Preferred Equity's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$34,202.75 Mil. Brookfield Renewable Power Preferred Equity's annualized EBITDA for the quarter that ended in Dec. 2023 was C$6,064.03 Mil. Brookfield Renewable Power Preferred Equity's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.74.

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 Brookfield Renewable Power Preferred Equity's Debt-to-EBITDA or its related term are showing as below:

TSX:BRF.PR.E.PFD's Debt-to-EBITDA is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 4.435
* Ranked among companies with meaningful Debt-to-EBITDA only.

Brookfield Renewable Power Preferred Equity Debt-to-EBITDA Historical Data

The historical data trend for Brookfield Renewable Power Preferred Equity'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.

Brookfield Renewable Power Preferred Equity Debt-to-EBITDA Chart

Brookfield Renewable Power Preferred Equity 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 7.17 8.57 10.40 9.18 7.51

Brookfield Renewable Power Preferred Equity Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 10.12 9.09 6.16 5.93 6.74

Competitive Comparison of Brookfield Renewable Power Preferred Equity's Debt-to-EBITDA

For the Utilities - Independent Power Producers subindustry, Brookfield Renewable Power Preferred Equity'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.


Brookfield Renewable Power Preferred Equity's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Power Preferred Equity's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Power Preferred Equity's Debt-to-EBITDA falls into.



Brookfield Renewable Power Preferred Equity Debt-to-EBITDA Calculation

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

Brookfield Renewable Power Preferred Equity'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
=(6675.802 + 34202.75) / 5444.213
=7.51

Brookfield Renewable Power Preferred Equity'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
=(6675.802 + 34202.75) / 6064.032
=6.74

* 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 (Dec. 2023) EBITDA data.


Brookfield Renewable Power Preferred Equity  (TSX:BRF.PR.E.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.


Brookfield Renewable Power Preferred Equity Debt-to-EBITDA Related Terms

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


Brookfield Renewable Power Preferred Equity (TSX:BRF.PR.E.PFD) Business Description

Address
181 Bay Street, Brookfield Place, Suite 300, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Renewable Power Preferred Equity Inc is an asset management company investing in real estate, infrastructure, renewable power, and private equity. The company engages in owning a portfolio of renewable power-generating facilities in North America, Colombia, Brazil, Europe, India, and China. It operates in segments including hydroelectric, wind, solar, utility-scale solar, distributed energy & sustainable solutions and Corporate. The maximum revenue is generated from the hydroelectric segment in the North American region.

Brookfield Renewable Power Preferred Equity (TSX:BRF.PR.E.PFD) Headlines

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