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Serrano 61 Desarrollo Socimi (XMAD:YSRR) Debt-to-EBITDA : 24.68 (As of Jun. 2024)


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What is Serrano 61 Desarrollo Socimi Debt-to-EBITDA?

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

Serrano 61 Desarrollo Socimi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €31.92 Mil. Serrano 61 Desarrollo Socimi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €4.11 Mil. Serrano 61 Desarrollo Socimi's annualized EBITDA for the quarter that ended in Jun. 2024 was €1.46 Mil. Serrano 61 Desarrollo Socimi's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 24.68.

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 Serrano 61 Desarrollo Socimi's Debt-to-EBITDA or its related term are showing as below:

XMAD:YSRR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -119.59   Med: 39.93   Max: 182.6
Current: 22.58

During the past 8 years, the highest Debt-to-EBITDA Ratio of Serrano 61 Desarrollo Socimi was 182.60. The lowest was -119.59. And the median was 39.93.

XMAD:YSRR's Debt-to-EBITDA is ranked worse than
92.91% of 592 companies
in the REITs industry
Industry Median: 7.02 vs XMAD:YSRR: 22.58

Serrano 61 Desarrollo Socimi Debt-to-EBITDA Historical Data

The historical data trend for Serrano 61 Desarrollo Socimi'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.

Serrano 61 Desarrollo Socimi Debt-to-EBITDA Chart

Serrano 61 Desarrollo Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 13.23 -119.59 182.60 94.04 21.24

Serrano 61 Desarrollo Socimi Semi-Annual Data
Dec16 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 39.91 -265.15 20.91 21.30 24.68

Competitive Comparison of Serrano 61 Desarrollo Socimi's Debt-to-EBITDA

For the REIT - Retail subindustry, Serrano 61 Desarrollo Socimi'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.


Serrano 61 Desarrollo Socimi's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Serrano 61 Desarrollo Socimi's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Serrano 61 Desarrollo Socimi's Debt-to-EBITDA falls into.


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Serrano 61 Desarrollo Socimi Debt-to-EBITDA Calculation

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

Serrano 61 Desarrollo Socimi'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
=(36.373 + 0.52) / 1.737
=21.24

Serrano 61 Desarrollo Socimi'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
=(31.92 + 4.113) / 1.46
=24.68

* 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.


Serrano 61 Desarrollo Socimi  (XMAD:YSRR) 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.


Serrano 61 Desarrollo Socimi Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Serrano 61 Desarrollo Socimi's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Serrano 61 Desarrollo Socimi Business Description

Traded in Other Exchanges
N/A
Address
Calle Serrano 61, Madrid, ESP, 28006
Serrano 61 Desarrollo Socimi SA is s real estate investment fund. The company focuses its investments in the retail sector like shopping malls and parking spaces.

Serrano 61 Desarrollo Socimi Headlines

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