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EfTEN Real Estate Fund AS (OTSE:EFT1T) Debt-to-EBITDA : -21.69 (As of Dec. 2023)


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What is EfTEN Real Estate Fund AS Debt-to-EBITDA?

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

EfTEN Real Estate Fund AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €16.91 Mil. EfTEN Real Estate Fund AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €130.85 Mil. EfTEN Real Estate Fund AS's annualized EBITDA for the quarter that ended in Dec. 2023 was €-6.81 Mil. EfTEN Real Estate Fund AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -21.69.

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 EfTEN Real Estate Fund AS's Debt-to-EBITDA or its related term are showing as below:

OTSE:EFT1T' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.25   Med: 6.06   Max: 13.91
Current: 8.2

During the past 9 years, the highest Debt-to-EBITDA Ratio of EfTEN Real Estate Fund AS was 13.91. The lowest was 4.25. And the median was 6.06.

OTSE:EFT1T's Debt-to-EBITDA is ranked worse than
61.95% of 1272 companies
in the Real Estate industry
Industry Median: 5.51 vs OTSE:EFT1T: 8.20

EfTEN Real Estate Fund AS Debt-to-EBITDA Historical Data

The historical data trend for EfTEN Real Estate Fund AS'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.

EfTEN Real Estate Fund AS Debt-to-EBITDA Chart

EfTEN Real Estate Fund AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 5.53 13.91 4.25 4.50 12.42

EfTEN Real Estate Fund AS 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 7.13 5.76 5.71 5.57 -21.69

Competitive Comparison of EfTEN Real Estate Fund AS's Debt-to-EBITDA

For the Real Estate Services subindustry, EfTEN Real Estate Fund AS'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.


EfTEN Real Estate Fund AS's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, EfTEN Real Estate Fund AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EfTEN Real Estate Fund AS's Debt-to-EBITDA falls into.



EfTEN Real Estate Fund AS Debt-to-EBITDA Calculation

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

EfTEN Real Estate Fund AS'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
=(16.907 + 130.849) / 11.896
=12.42

EfTEN Real Estate Fund AS'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
=(16.907 + 130.849) / -6.812
=-21.69

* 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.


EfTEN Real Estate Fund AS  (OTSE:EFT1T) 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.


EfTEN Real Estate Fund AS Debt-to-EBITDA Related Terms

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


EfTEN Real Estate Fund AS (OTSE:EFT1T) Business Description

Traded in Other Exchanges
N/A
Address
A. Lauteri 5, Tallinn, EST, 10114
EfTEN Real Estate Fund AS is a closed alternative investment fund. The company invests in cash-flow-generating commercial properties in the Baltic states. Its segments include Office premises, Logistics premises, Retail premises, and Care home premises. The fund targets retail investors. Its geographical segments are Estonia, Latvia, and Lithuania. It generates a majority of its revenue from Retail premises. Geographically, the company generates a majority of its revenue from Lithuania.

EfTEN Real Estate Fund AS (OTSE:EFT1T) Headlines

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