GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus (ASX:DXS) » Definitions » Debt-to-EBITDA

Dexus (ASX:DXS) Debt-to-EBITDA : 18.30 (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Dexus Debt-to-EBITDA?

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

Dexus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$1,019.1 Mil. Dexus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$3,935.9 Mil. Dexus's annualized EBITDA for the quarter that ended in Dec. 2024 was A$270.8 Mil. Dexus's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 18.30.

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

ASX:DXS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.17   Med: 2.61   Max: 4.05
Current: -6.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dexus was 4.05. The lowest was -9.17. And the median was 2.61.

ASX:DXS's Debt-to-EBITDA is ranked worse than
100% of 597 companies
in the REITs industry
Industry Median: 6.81 vs ASX:DXS: -6.42

Dexus Debt-to-EBITDA Historical Data

The historical data trend for Dexus'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.

Dexus Debt-to-EBITDA Chart

Dexus Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.05 3.75 2.77 -9.17 -3.55

Dexus 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-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 19.36 -3.82 -4.76 -2.76 18.30

Competitive Comparison of Dexus's Debt-to-EBITDA

For the REIT - Office subindustry, Dexus'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.


Dexus's Debt-to-EBITDA Distribution in the REITs Industry

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

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


;
;

Dexus Debt-to-EBITDA Calculation

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

Dexus's Debt-to-EBITDA for the fiscal year 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
=(177.8 + 4826.7) / -1411.2
=-3.55

Dexus's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1019.1 + 3935.9) / 270.8
=18.30

* 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 (Dec. 2024) EBITDA data.


Dexus  (ASX:DXS) 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.


Dexus Debt-to-EBITDA Related Terms

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


Dexus Business Description

Traded in Other Exchanges
Address
Level 30, 50 Bridge Street, Sydney, NSW, AUS, 2000
Dexus has ownership interest in, manages, and develops a portfolio of office and industrial assets, about half located in Sydney. The office portfolio contributes nearly two-thirds of group earnings and industrial assets account for about 15%. Dexus also manages third-party assets and has a funds management platform with AUD 40 billion funds under management as of June 30, 2024, spanning office, industrial, retail, healthcare, infrastructure, and their adjacent sectors. The REIT has stakes in many of the pooled funds, earning distribution income. Management is internalized, in contrast to some of its peers.

Dexus Headlines

No Headlines