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British Land Co (British Land Co) Debt-to-EBITDA : 159.79 (As of Sep. 2023)


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What is British Land Co Debt-to-EBITDA?

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

British Land Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $367.6 Mil. British Land Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2,401.0 Mil. British Land Co's annualized EBITDA for the quarter that ended in Sep. 2023 was $17.3 Mil. British Land Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 159.79.

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 British Land Co's Debt-to-EBITDA or its related term are showing as below:

BTLCY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14   Med: 2.36   Max: 11.23
Current: -2.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of British Land Co was 11.23. The lowest was -14.00. And the median was 2.36.

BTLCY's Debt-to-EBITDA is ranked worse than
100% of 511 companies
in the REITs industry
Industry Median: 7.15 vs BTLCY: -2.32

British Land Co Debt-to-EBITDA Historical Data

The historical data trend for British Land Co'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.

British Land Co Debt-to-EBITDA Chart

British Land Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.00 -3.60 -2.65 2.62 -2.54

British Land Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.95 2.18 39.19 -1.23 159.79

Competitive Comparison of British Land Co's Debt-to-EBITDA

For the REIT - Diversified subindustry, British Land Co'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.


British Land Co's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, British Land Co's Debt-to-EBITDA distribution charts can be found below:

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



British Land Co Debt-to-EBITDA Calculation

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

British Land Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(495.146 + 2408.981) / -1145.631
=-2.53

British Land Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(367.574 + 2400.99) / 17.326
=159.79

* 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 (Sep. 2023) EBITDA data.


British Land Co  (OTCPK:BTLCY) 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.


British Land Co Debt-to-EBITDA Related Terms

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


British Land Co (British Land Co) Business Description

Traded in Other Exchanges
Address
45 Seymour Street, York House, London, GBR, W1H 7LX
British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.

British Land Co (British Land Co) Headlines

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