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Wereldhave NV (XAMS:WHA) Debt-to-EBITDA : 4.34 (As of Jun. 2024)


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What is Wereldhave NV Debt-to-EBITDA?

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

Wereldhave NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €228.7 Mil. Wereldhave NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €755.3 Mil. Wereldhave NV's annualized EBITDA for the quarter that ended in Jun. 2024 was €226.5 Mil. Wereldhave NV's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 4.34.

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 Wereldhave NV's Debt-to-EBITDA or its related term are showing as below:

XAMS:WHA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.73   Med: 9.09   Max: 26.83
Current: 6.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wereldhave NV was 26.83. The lowest was -7.73. And the median was 9.09.

XAMS:WHA's Debt-to-EBITDA is ranked better than
61.54% of 572 companies
in the REITs industry
Industry Median: 7.36 vs XAMS:WHA: 6.01

Wereldhave NV Debt-to-EBITDA Historical Data

The historical data trend for Wereldhave NV'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.

Wereldhave NV Debt-to-EBITDA Chart

Wereldhave NV 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 -4.62 -7.73 -4.43 8.54 7.88

Wereldhave NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.68 9.54 6.42 9.52 4.34

Competitive Comparison of Wereldhave NV's Debt-to-EBITDA

For the REIT - Retail subindustry, Wereldhave NV'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.


Wereldhave NV's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Wereldhave NV Debt-to-EBITDA Calculation

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

Wereldhave NV'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
=(144.794 + 815.662) / 121.949
=7.88

Wereldhave NV's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(228.655 + 755.305) / 226.494
=4.34

* 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 (Jun. 2024) EBITDA data.


Wereldhave NV  (XAMS:WHA) 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.


Wereldhave NV Debt-to-EBITDA Related Terms

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


Wereldhave NV Business Description

Traded in Other Exchanges
Address
Schiphol Boulevard 233, WTC Schiphol, Tower A, PO Box 75837, 3rd Floor, Schiphol, NLD, 1118 BH
Wereldhave NV is a Dutch real estate investment company that owns and operates shopping centres in northwest continental Europe. The company's properties are located in large regional cities in the Netherlands, Belgium, France, and Finland, with the majority of revenue derived from the Netherlands. Wereldhave principally generates revenue from leasing properties to tenants, which include fashion and accessories stores, restaurants and cafes, consumer electronics retailers, and homeware and household shops.

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