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Gamla Harel Residential Real Estate (XTAE:GMLA) Debt-to-EBITDA : 11.77 (As of Sep. 2024)


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What is Gamla Harel Residential Real Estate Debt-to-EBITDA?

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

Gamla Harel Residential Real Estate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪430.1 Mil. Gamla Harel Residential Real Estate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪395.9 Mil. Gamla Harel Residential Real Estate's annualized EBITDA for the quarter that ended in Sep. 2024 was ₪70.2 Mil. Gamla Harel Residential Real Estate's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 11.77.

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 Gamla Harel Residential Real Estate's Debt-to-EBITDA or its related term are showing as below:

XTAE:GMLA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10.45   Med: 15.08   Max: 18.42
Current: 13.6

During the past 6 years, the highest Debt-to-EBITDA Ratio of Gamla Harel Residential Real Estate was 18.42. The lowest was 10.45. And the median was 15.08.

XTAE:GMLA's Debt-to-EBITDA is ranked worse than
65.94% of 276 companies
in the Credit Services industry
Industry Median: 7.965 vs XTAE:GMLA: 13.60

Gamla Harel Residential Real Estate Debt-to-EBITDA Historical Data

The historical data trend for Gamla Harel Residential Real Estate'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.

Gamla Harel Residential Real Estate Debt-to-EBITDA Chart

Gamla Harel Residential Real Estate Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 15.16 11.54 10.45 18.42 15.08

Gamla Harel Residential Real Estate Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 14.32 14.46 13.62 22.25 11.77

Competitive Comparison of Gamla Harel Residential Real Estate's Debt-to-EBITDA

For the Credit Services subindustry, Gamla Harel Residential Real Estate'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.


Gamla Harel Residential Real Estate's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Gamla Harel Residential Real Estate's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gamla Harel Residential Real Estate's Debt-to-EBITDA falls into.



Gamla Harel Residential Real Estate Debt-to-EBITDA Calculation

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

Gamla Harel Residential Real Estate'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
=(494.213 + 425.863) / 61.001
=15.08

Gamla Harel Residential Real Estate's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(430.072 + 395.889) / 70.2
=11.77

* 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 four times the quarterly (Sep. 2024) EBITDA data.


Gamla Harel Residential Real Estate  (XTAE:GMLA) 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.


Gamla Harel Residential Real Estate Debt-to-EBITDA Related Terms

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


Gamla Harel Residential Real Estate Business Description

Traded in Other Exchanges
N/A
Address
132 Menachem Begin Road, Azrieli Center, Tel Aviv Yafo, ISR, 6701101
Gamla Harel Residential Real Estate Ltd is engaged in initiating, underwriting and operating loans in the real estate industry including by providing supplementary financing inferior credit for projects whose main purpose is to reside in Israel.

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