HomeCo Daily Needs REIT (ASX:HDN) Debt-to-EBITDA : 5.68 (As of Dec. 2024)

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What is HomeCo Daily Needs REIT Debt-to-EBITDA?

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

HomeCo Daily Needs REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.1 Mil. HomeCo Daily Needs REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$1,787.6 Mil. HomeCo Daily Needs REIT's annualized EBITDA for the quarter that ended in Dec. 2024 was A$314.8 Mil. HomeCo Daily Needs REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 5.68.

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 HomeCo Daily Needs REIT's Debt-to-EBITDA or its related term are showing as below:

ASX:HDN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.47 Med: 10.25 Max: 11.05
Current: 6.29

During the past 3 years, the highest Debt-to-EBITDA Ratio of HomeCo Daily Needs REIT was 11.05. The lowest was 4.47. And the median was 10.25.

ASX:HDN's Debt-to-EBITDA is ranked better than
55.69% of 598 companies
in the REITs industry
Industry Median: 6.845 vs ASX:HDN: 6.29

HomeCo Daily Needs REIT Debt-to-EBITDA Historical Data

The historical data trend for HomeCo Daily Needs REIT'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.

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HomeCo Daily Needs REIT Debt-to-EBITDA Chart

HomeCo Daily Needs REIT Annual Data

Trend

Jun22

Jun23

Jun24

Debt-to-EBITDA

4.47

10.25

11.05

HomeCo Daily Needs REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial			6.34	20.24	31.79	6.64	5.68

Competitive Comparison of HomeCo Daily Needs REIT's Debt-to-EBITDA

For the REIT - Retail subindustry, HomeCo Daily Needs REIT'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.

HomeCo Daily Needs REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where HomeCo Daily Needs REIT's Debt-to-EBITDA falls into.

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HomeCo Daily Needs REIT Debt-to-EBITDA Calculation

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

HomeCo Daily Needs REIT'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
	=	(300.2	+	1384.1)	/	152.5
	=	11.04

HomeCo Daily Needs REIT'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
	=	(0.1	+	1787.6)	/	314.8
	=	5.68

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.

HomeCo Daily Needs REIT (ASX:HDN) 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.

HomeCo Daily Needs REIT Debt-to-EBITDA Related Terms

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

HomeCo Daily Needs REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway, Level 7, 1 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.hmccapital.com.au

HomeCo Daily Needs REIT is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. The company generates revenue from Property rental and Other property income. The company invests in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail, and Health & Services.

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