Scentre Group (ASX:SCG) Debt-to-EBITDA

: 25.22 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

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

Scentre Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1,845 Mil. Scentre Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$13,866 Mil. Scentre Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$623 Mil. Scentre Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 25.22.

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

ASX:SCG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.82 Med: 5.87 Max: 19.28
Current: 19.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Scentre Group was 19.28. The lowest was -5.82. And the median was 5.87.

ASX:SCG's Debt-to-EBITDA is ranked worse than
89.06% of 512 companies
in the REITs industry
Industry Median: 7.14 vs ASX:SCG: 19.28

Scentre Group Debt-to-EBITDA Historical Data

The historical data trend for Scentre Group'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.

Scentre Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

7.83

-5.82

10.18

9.38

18.96

Scentre Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA																11.12	7.03	13.34	15.72	25.22

Competitive Comparison

For the REIT - Retail subindustry, Scentre Group'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.

Scentre Group Debt-to-EBITDA Distribution

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

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

Scentre Group Debt-to-EBITDA Calculation

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

Scentre Group'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
	=	(1845	+	13865.6)	/	828.7
	=	18.96

Scentre Group'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
	=	(1845	+	13865.6)	/	623
	=	25.22

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. 2023) EBITDA data.

Scentre Group (ASX:SCG) 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.

Scentre Group Debt-to-EBITDA Related Terms

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

Scentre Group (ASX:SCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Scentre Group (ASX:SCG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.

Scentre Group (ASX:SCG) Headlines

No Headlines