IGIS Residence REIT (XKRX:350520) Debt-to-EBITDA : 43.96 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is IGIS Residence REIT Debt-to-EBITDA?

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

IGIS Residence REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₩114,914 Mil. IGIS Residence REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₩0 Mil. IGIS Residence REIT's annualized EBITDA for the quarter that ended in Sep. 2023 was ₩2,614 Mil. IGIS Residence REIT's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 43.96.

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 IGIS Residence REIT's Debt-to-EBITDA or its related term are showing as below:

XKRX:350520' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.45 Med: 5.43 Max: 975.52
Current: 975.52

During the past 3 years, the highest Debt-to-EBITDA Ratio of IGIS Residence REIT was 975.52. The lowest was 4.45. And the median was 5.43.

XKRX:350520's Debt-to-EBITDA is ranked worse than
99.81% of 521 companies
in the REITs industry
Industry Median: 7.3 vs XKRX:350520: 975.52

IGIS Residence REIT Debt-to-EBITDA Historical Data

The historical data trend for IGIS Residence 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.

IGIS Residence REIT Debt-to-EBITDA Chart

IGIS Residence REIT Annual Data

Trend

Jun20

Jun21

Jun22

Debt-to-EBITDA

6.42

4.45

IGIS Residence REIT Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			9.30	31.09	0.72	-47.89	43.96

Competitive Comparison of IGIS Residence REIT's Debt-to-EBITDA

For the REIT - Residential subindustry, IGIS Residence 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.

IGIS Residence REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where IGIS Residence REIT's Debt-to-EBITDA falls into.

IGIS Residence REIT Debt-to-EBITDA Calculation

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

IGIS Residence REIT's Debt-to-EBITDA for the fiscal year that ended in Jun. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(113567.785	+	0)	/	25549.239
	=	4.45

IGIS Residence REIT's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(114914.437	+	0)	/	2613.986
	=	43.96

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 (Sep. 2023) EBITDA data.

IGIS Residence REIT (XKRX:350520) 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.

IGIS Residence REIT Debt-to-EBITDA Related Terms

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

IGIS Residence REIT (XKRX:350520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » IGIS Residence REIT (XKRX:350520) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

115, Yeouigongwon-ro, Yeongdeungpo-gu, 14th Floor, Sewoo Building, Seoul, KOR, 07241

Website

https://www.igisam.com

IGIS Residence REIT is a real estate investment trust company. The company focuses its investments on residential assets.

IGIS Residence REIT (XKRX:350520) Headlines

No Headlines