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Growthpoint Properties Australia (Growthpoint Properties Australia) Debt-to-EBITDA : -13.50 (As of Dec. 2023)


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What is Growthpoint Properties Australia Debt-to-EBITDA?

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

Growthpoint Properties Australia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.3 Mil. Growthpoint Properties Australia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,350.1 Mil. Growthpoint Properties Australia's annualized EBITDA for the quarter that ended in Dec. 2023 was $-100.1 Mil. Growthpoint Properties Australia's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -13.50.

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 Growthpoint Properties Australia's Debt-to-EBITDA or its related term are showing as below:

GRWPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.19   Med: 3.43   Max: 5.22
Current: -12.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Growthpoint Properties Australia was 5.22. The lowest was -12.19. And the median was 3.43.

GRWPF's Debt-to-EBITDA is ranked worse than
100% of 511 companies
in the REITs industry
Industry Median: 7.18 vs GRWPF: -12.03

Growthpoint Properties Australia Debt-to-EBITDA Historical Data

The historical data trend for Growthpoint Properties Australia'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.

Growthpoint Properties Australia Debt-to-EBITDA Chart

Growthpoint Properties Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 4.69 2.38 3.57 -12.19

Growthpoint Properties Australia 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 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 2.06 8.16 -14.26 -10.89 -13.50

Competitive Comparison of Growthpoint Properties Australia's Debt-to-EBITDA

For the REIT - Diversified subindustry, Growthpoint Properties Australia'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.


Growthpoint Properties Australia's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Growthpoint Properties Australia Debt-to-EBITDA Calculation

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

Growthpoint Properties Australia's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.208 + 1358.322) / -111.544
=-12.19

Growthpoint Properties Australia'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
=(1.339 + 1350.067) / -100.134
=-13.50

* 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. 2023) EBITDA data.


Growthpoint Properties Australia  (OTCPK:GRWPF) 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.


Growthpoint Properties Australia Debt-to-EBITDA Related Terms

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


Growthpoint Properties Australia (Growthpoint Properties Australia) Business Description

Traded in Other Exchanges
Address
Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000
Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia (Growthpoint Properties Australia) Headlines

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