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Merlin Properties SOCIMI (Merlin Properties SOCIMI) Debt-to-EBITDA : -4.84 (As of Dec. 2023)


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What is Merlin Properties SOCIMI Debt-to-EBITDA?

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

Merlin Properties SOCIMI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $28.2 Mil. Merlin Properties SOCIMI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,905.2 Mil. Merlin Properties SOCIMI's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1,018.7 Mil. Merlin Properties SOCIMI's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -4.84.

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

MRPRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.33   Med: 13.08   Max: 123.61
Current: 123.61

During the past 11 years, the highest Debt-to-EBITDA Ratio of Merlin Properties SOCIMI was 123.61. The lowest was 4.33. And the median was 13.08.

MRPRF's Debt-to-EBITDA is ranked worse than
99.02% of 511 companies
in the REITs industry
Industry Median: 7.18 vs MRPRF: 123.61

Merlin Properties SOCIMI Debt-to-EBITDA Historical Data

The historical data trend for Merlin Properties SOCIMI'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.

Merlin Properties SOCIMI Debt-to-EBITDA Chart

Merlin Properties SOCIMI 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 7.82 29.41 11.94 27.70 123.61

Merlin Properties SOCIMI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -11.77 12.57 -13.98 4.40 -4.84

Competitive Comparison of Merlin Properties SOCIMI's Debt-to-EBITDA

For the REIT - Office subindustry, Merlin Properties SOCIMI'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.


Merlin Properties SOCIMI's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Merlin Properties SOCIMI Debt-to-EBITDA Calculation

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

Merlin Properties SOCIMI'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
=(28.21 + 4905.172) / 39.912
=123.61

Merlin Properties SOCIMI'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
=(28.21 + 4905.172) / -1018.708
=-4.84

* 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 (Dec. 2023) EBITDA data.


Merlin Properties SOCIMI  (OTCPK:MRPRF) 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.


Merlin Properties SOCIMI Debt-to-EBITDA Related Terms

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


Merlin Properties SOCIMI (Merlin Properties SOCIMI) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 257, Madrid, ESP, 28046
Merlin Properties SOCIMI SA is a Spain-based company engaged in the operation of the real estate investment trust. The main activity of the company is the acquisition, active management, operation and selective rotation of quality commercial real estate assets in the "Core" and "Core-Plus" investment segments, mainly in Spain and, to a lesser extent, in Portugal. Its segments are based on the type of assets namely Office buildings, Net lease, Shopping centers, Logistics assets, and others. The company generates the maximum revenue from the Office buildings segment.

Merlin Properties SOCIMI (Merlin Properties SOCIMI) Headlines