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Hanwha Reit (XKRX:451800) Debt-to-EBITDA : 23.92 (As of Jul. 2023)


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What is Hanwha Reit Debt-to-EBITDA?

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

Hanwha Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was ₩109,943 Mil. Hanwha Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was ₩217,116 Mil. Hanwha Reit's annualized EBITDA for the quarter that ended in Jul. 2023 was ₩13,672 Mil. Hanwha Reit's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 was 23.92.

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 Hanwha Reit's Debt-to-EBITDA or its related term are showing as below:

XKRX:451800' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 21.45   Med: 21.45   Max: 24.39
Current: 24.39

During the past 2 years, the highest Debt-to-EBITDA Ratio of Hanwha Reit was 24.39. The lowest was 21.45. And the median was 21.45.

XKRX:451800's Debt-to-EBITDA is ranked worse than
91.55% of 521 companies
in the REITs industry
Industry Median: 7.3 vs XKRX:451800: 24.39

Hanwha Reit Debt-to-EBITDA Historical Data

The historical data trend for Hanwha 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.

Hanwha Reit Debt-to-EBITDA Chart

Hanwha Reit Annual Data
Trend Sep22 Apr23
Debt-to-EBITDA
- 21.45

Hanwha Reit Semi-Annual Data
Jan23 Jul23
Debt-to-EBITDA - 23.92

Competitive Comparison of Hanwha Reit's Debt-to-EBITDA

For the REIT - Office subindustry, Hanwha 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.


Hanwha Reit's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Hanwha Reit Debt-to-EBITDA Calculation

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

Hanwha Reit's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(109812.101 + 217191.026) / 15244.745
=21.45

Hanwha Reit's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(109943.183 + 217116.192) / 13672.404
=23.92

* 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 (Jul. 2023) EBITDA data.


Hanwha Reit  (XKRX:451800) 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.


Hanwha Reit Debt-to-EBITDA Related Terms

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


Hanwha Reit (XKRX:451800) Business Description

Traded in Other Exchanges
N/A
Address
50, 63-ro, Yeongdeungpo-gu, 49th Floor, 63 Hanwha Life Building, Yeouido-dong, Seoul, KOR
Hanwha Reit operates as a real estate investment company. It mainly holds an interest in domestic office buildings.

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