Mirvac Group (ASX:MGR) Debt-to-Revenue : 2.03 (As of Dec. 2024)

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What is Mirvac Group Debt-to-Revenue?

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

Mirvac Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$466 Mil. Mirvac Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$4,115 Mil. Mirvac Group's annualized Revenue for the quarter that ended in Dec. 2024 was A$2,262 Mil. Mirvac Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 was 2.03.

Mirvac Group Debt-to-Revenue Historical Data

The historical data trend for Mirvac Group's Debt-to-Revenue 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.

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Mirvac Group Debt-to-Revenue Chart

Mirvac Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Revenue

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2.12

2.24

1.91

2.52

1.52

Mirvac Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Revenue	Get a 7-Day Free Trial															2.82	2.20	1.89	1.32	2.03

Competitive Comparison of Mirvac Group's Debt-to-Revenue

For the REIT - Diversified subindustry, Mirvac Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Mirvac Group's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mirvac Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mirvac Group's Debt-to-Revenue falls into.

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Mirvac Group Debt-to-Revenue Calculation

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

Mirvac Group's Debt-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(190	+	4290)	/	2950
	=	1.52

Mirvac Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(466	+	4115)	/	2262
	=	2.03

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2024) Revenue data.

Mirvac Group Debt-to-Revenue Related Terms

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Mirvac Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mirvac Group (ASX:MGR) » Definitions » Debt-to-Revenue

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MRVGF:USA

Address

200 George Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.mirvac.com

Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two thirds of group earnings. The investment portfolio, by book value, is made up of 60% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer-term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around a third of fiscal 2024 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.