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Collins Property Group (JSE:CPP) Debt-to-EBITDA : 6.34 (As of Aug. 2023)


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What is Collins Property Group Debt-to-EBITDA?

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

Collins Property Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R778 Mil. Collins Property Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R5,744 Mil. Collins Property Group's annualized EBITDA for the quarter that ended in Aug. 2023 was R1,028 Mil. Collins Property Group's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 6.34.

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

JSE:CPP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -48.86   Med: 5.37   Max: 8.28
Current: 4.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of Collins Property Group was 8.28. The lowest was -48.86. And the median was 5.37.

JSE:CPP's Debt-to-EBITDA is ranked better than
53.43% of 1267 companies
in the Real Estate industry
Industry Median: 5.53 vs JSE:CPP: 4.99

Collins Property Group Debt-to-EBITDA Historical Data

The historical data trend for Collins Property 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.

Collins Property Group Debt-to-EBITDA Chart

Collins Property Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 6.78 -48.86 6.36 5.01

Collins Property Group Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 8.57 5.02 6.13 4.13 6.34

Competitive Comparison of Collins Property Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Collins Property 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.


Collins Property Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Collins Property Group Debt-to-EBITDA Calculation

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

Collins Property Group's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(730.53 + 5819.238) / 1307.794
=5.01

Collins Property Group's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(777.962 + 5743.501) / 1028.25
=6.34

* 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 (Aug. 2023) EBITDA data.


Collins Property Group  (JSE:CPP) 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.


Collins Property Group Debt-to-EBITDA Related Terms

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


Collins Property Group (JSE:CPP) Business Description

Traded in Other Exchanges
N/A
Address
1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319
Collins Property Group Ltd operates as an investment holding company, with interests in real properties, service offices, and financial services. Its activities include the development and management of commercial and residential real estate. It operates through the following segments: Property Austria; Property Namibia; Property rest of Africa; Property South Africa and Other. Its revenue includes rental income, initiation fees, interest income, other fee income and service charges, and revenue from hotel operations.

Collins Property Group (JSE:CPP) Headlines