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Care Property Invest NV/SA (FRA:8OM) Debt-to-EBITDA : 2.52 (As of Sep. 2023)


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What is Care Property Invest NV/SA Debt-to-EBITDA?

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

Care Property Invest NV/SA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.00 Mil. Care Property Invest NV/SA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €146.96 Mil. Care Property Invest NV/SA's annualized EBITDA for the quarter that ended in Sep. 2023 was €58.39 Mil. Care Property Invest NV/SA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.52.

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 Care Property Invest NV/SA's Debt-to-EBITDA or its related term are showing as below:

FRA:8OM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -72.31   Med: 7.16   Max: 13.42
Current: 5.37

During the past 13 years, the highest Debt-to-EBITDA Ratio of Care Property Invest NV/SA was 13.42. The lowest was -72.31. And the median was 7.16.

FRA:8OM's Debt-to-EBITDA is ranked better than
66.34% of 511 companies
in the REITs industry
Industry Median: 7.15 vs FRA:8OM: 5.37

Care Property Invest NV/SA Debt-to-EBITDA Historical Data

The historical data trend for Care Property Invest NV/SA'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.

Care Property Invest NV/SA Debt-to-EBITDA Chart

Care Property Invest NV/SA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.24 8.94 13.42 6.53 5.99

Care Property Invest NV/SA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.81 35.53 4.89 -154.65 2.52

Competitive Comparison of Care Property Invest NV/SA's Debt-to-EBITDA

For the REIT - Healthcare Facilities subindustry, Care Property Invest NV/SA'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.


Care Property Invest NV/SA's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Care Property Invest NV/SA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Care Property Invest NV/SA's Debt-to-EBITDA falls into.



Care Property Invest NV/SA Debt-to-EBITDA Calculation

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

Care Property Invest NV/SA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(376.762 + 208.512) / 97.708
=5.99

Care Property Invest NV/SA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 146.962) / 58.392
=2.52

* 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. 2023) EBITDA data.


Care Property Invest NV/SA  (FRA:8OM) 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.


Care Property Invest NV/SA Debt-to-EBITDA Related Terms

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


Care Property Invest NV/SA (FRA:8OM) Business Description

Traded in Other Exchanges
Address
Horstebaan 3, Schoten, BEL, 2900
Care Property Invest NV/SA is a Belgian publicly regulated real estate company specialised in housing for seniors. Care Property Invest develops and finances affordable, high-quality, and attractive care infrastructure and various forms of housing for seniors and people with disabilities such as residential care centres, short-stay centres, groups of assisted living apartments, and residential complexes for people with physical and/or intellectual disabilities.

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