Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) Debt-to-EBITDA : 18.91 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Igis Neptune Barcelona Holdco Socimi Debt-to-EBITDA?

Igis Neptune Barcelona Holdco Socimi XPAR:MLABC Debt-to-EBITDA is 18.91 as of Dec. 2023.

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

Igis Neptune Barcelona Holdco Socimi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €86.30 Mil. Igis Neptune Barcelona Holdco Socimi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Igis Neptune Barcelona Holdco Socimi's annualized EBITDA for the quarter that ended in Dec. 2023 was €4.56 Mil. Igis Neptune Barcelona Holdco Socimi's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 18.91.

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 Neptune Barcelona Holdco Socimi's Debt-to-EBITDA or its related term are showing as below:

XPAR:MLABC's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 6.51
* Ranked among companies with meaningful Debt-to-EBITDA only.

Igis Neptune Barcelona Holdco Socimi  (XPAR:MLABC) 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 Neptune Barcelona Holdco Socimi Debt-to-EBITDA Related Terms

Igis Neptune Barcelona Holdco Socimi Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Igis Neptune Barcelona Holdco 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.

Igis Neptune Barcelona Holdco Socimi Debt-to-EBITDA Chart

Igis Neptune Barcelona Holdco Socimi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
20.42 22.75 20.04 18.91

Igis Neptune Barcelona Holdco Socimi Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA 20.42 22.75 20.04 18.91

XPAR:MLABC vs : Debt-to-EBITDA Comparison

For the REIT - Industrial subindustry, Igis Neptune Barcelona Holdco 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.

Igis Neptune Barcelona Holdco Socimi Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Igis Neptune Barcelona Holdco Socimi's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Igis Neptune Barcelona Holdco Socimi's Debt-to-EBITDA falls into.


Igis Neptune Barcelona Holdco Socimi Debt-to-EBITDA Calculation

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

Igis Neptune Barcelona Holdco 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
=(86.295 + 0) / 4.563
=18.91

Igis Neptune Barcelona Holdco Socimi'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
=(86.295 + 0) / 4.563
=18.91

* 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 one times the quarterly (Dec. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 18.91 mean?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a Debt-to-EBITDA of 18.91 as of Dec. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Igis Neptune Barcelona Holdco Socimi.
Is Igis Neptune Barcelona Holdco Socimi's Debt-to-EBITDA too high?
Igis Neptune Barcelona Holdco Socimi's current Debt-to-EBITDA is 18.91. The REITs industry median Debt-to-EBITDA is 6.51. Igis Neptune Barcelona Holdco Socimi's value of 18.91 is 190.5% above this industry median.
How does Igis Neptune Barcelona Holdco Socimi's Debt-to-EBITDA compare to ?
Igis Neptune Barcelona Holdco Socimi's Debt-to-EBITDA of 18.91 can be compared against companies in the REITs industry. The industry median Debt-to-EBITDA is 6.51. Igis Neptune Barcelona Holdco Socimi's value of 18.91 is 190.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.51, based on 578 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Igis Neptune Barcelona Holdco Socimi's current Debt-to-EBITDA of 18.91 is 190.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Igis Neptune Barcelona Holdco Socimi. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Igis Neptune Barcelona Holdco Socimi's current Debt-to-EBITDA is 18.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igis Neptune Barcelona Holdco Socimi stock overvalued right now?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a current Debt-to-EBITDA of 18.91. The current Debt-to-EBITDA is 18.91 and 190.5% above the REITs industry median of 6.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC), the current Debt-to-EBITDA is 18.91 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Igis Neptune Barcelona Holdco Socimi Business Description

Industry Real EstateREITs
Comparable Companies
Address Calle Principe de Vergara 112, 4th floor, Madrid, ESP, 28002
Igis Neptune Barcelona Holdco Socimi SA is a Real Estate Investment Trust (REIT) specialized in the holding and management of real estate located in Spain. The company currently holds one logistics real estate asset in Barcelona.