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Yuexiu Real Estate Investment Trust (HKSE:00405) Debt-to-EBITDA : 17.09 (As of Dec. 2023)


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What is Yuexiu Real Estate Investment Trust Debt-to-EBITDA?

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

Yuexiu Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6,406 Mil. Yuexiu Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$15,774 Mil. Yuexiu Real Estate Investment Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$1,298 Mil. Yuexiu Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 17.08.

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 Yuexiu Real Estate Investment Trust's Debt-to-EBITDA or its related term are showing as below:

HKSE:00405' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.05   Med: 7.65   Max: 47
Current: 15.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yuexiu Real Estate Investment Trust was 47.00. The lowest was 5.05. And the median was 7.65.

HKSE:00405's Debt-to-EBITDA is ranked worse than
84.42% of 507 companies
in the REITs industry
Industry Median: 7.18 vs HKSE:00405: 15.58

Yuexiu Real Estate Investment Trust Debt-to-EBITDA Historical Data

The historical data trend for Yuexiu Real Estate Investment Trust'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.

Yuexiu Real Estate Investment Trust Debt-to-EBITDA Chart

Yuexiu Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.08 10.17 12.51 47.00 15.58

Yuexiu Real Estate Investment Trust 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 11.45 -85.23 18.51 15.50 17.09

Competitive Comparison of Yuexiu Real Estate Investment Trust's Debt-to-EBITDA

For the REIT - Office subindustry, Yuexiu Real Estate Investment Trust'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.


Yuexiu Real Estate Investment Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Yuexiu Real Estate Investment Trust's Debt-to-EBITDA falls into.



Yuexiu Real Estate Investment Trust Debt-to-EBITDA Calculation

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

Yuexiu Real Estate Investment Trust'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
=(6405.876 + 15774.152) / 1423.472
=15.58

Yuexiu Real Estate Investment Trust'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
=(6405.876 + 15774.152) / 1298.246
=17.08

* 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.


Yuexiu Real Estate Investment Trust  (HKSE:00405) 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.


Yuexiu Real Estate Investment Trust Debt-to-EBITDA Related Terms

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


Yuexiu Real Estate Investment Trust (HKSE:00405) Business Description

Traded in Other Exchanges
Address
160 Lockhart Road, Flat B, 17th Floor, Yue Xiu Building, Wanchai, HKG
Yuexiu Real Estate Investment Trust invests in office, retail, and other commercial properties in the People's Republic of China. The company's portfolio consists of properties located in the central business district of Guangzhou and Shanghai. The types of properties include clothing markets, office buildings, retail centers, hotels, and serviced apartments. The company operates in three main segments: Hotel & Serviced apartments, Office rental, and Wholesale & shopping malls. Hotel and serviced apartments offer room rentals and food and beverages. Office rental and wholesale and shopping malls include the revenue from leasing these properties. All of its revenue comes from China.

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