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Brookfield (Brookfield) Debt-to-EBITDA

: 6.03 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Brookfield's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $57,602.00 Mil. Brookfield's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $176,108.00 Mil. Brookfield's annualized EBITDA for the quarter that ended in Dec. 2023 was $38,772.00 Mil. Brookfield's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.03.

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 Brookfield's Debt-to-EBITDA or its related term are showing as below:

BAMGF.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.99   Med: 7.7   Max: 10.2
Current: 7.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Brookfield was 10.20. The lowest was 4.99. And the median was 7.70.

BAMGF.PFD's Debt-to-EBITDA is ranked worse than
87.3% of 370 companies
in the Asset Management industry
Industry Median: 1.22 vs BAMGF.PFD: 7.59

Brookfield Debt-to-EBITDA Historical Data

The historical data trend for Brookfield'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.

Brookfield Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.99 10.20 6.12 8.55 7.61

Brookfield 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 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 Premium Member Only Premium Member Only Premium Member Only 9.89 8.57 6.95 8.58 6.03

Competitive Comparison

For the Asset Management subindustry, Brookfield'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.


Brookfield Debt-to-EBITDA Distribution

For the Asset Management industry and Financial Services sector, Brookfield's Debt-to-EBITDA distribution charts can be found below:

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



Brookfield Debt-to-EBITDA Calculation

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

Brookfield'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
=(57602 + 176108) / 30694
=7.61

Brookfield'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
=(57602 + 176108) / 38772
=6.03

* 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.


Brookfield  (OTCPK:BAMGF.PFD) 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.


Brookfield Debt-to-EBITDA Related Terms

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


Brookfield (Brookfield) Business Description

Address
181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3
Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.