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Paragon REIT (SGX:SK6U) Debt-to-EBITDA : 4.55 (As of Dec. 2023)


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What is Paragon REIT Debt-to-EBITDA?

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

Paragon REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$223.0 Mil. Paragon REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1,045.6 Mil. Paragon REIT's annualized EBITDA for the quarter that ended in Dec. 2023 was S$278.7 Mil. Paragon REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.55.

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

SGX:SK6U' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -41.33   Med: 5.56   Max: 7.52
Current: 6.11

During the past 10 years, the highest Debt-to-EBITDA Ratio of Paragon REIT was 7.52. The lowest was -41.33. And the median was 5.56.

SGX:SK6U's Debt-to-EBITDA is ranked better than
58.32% of 511 companies
in the REITs industry
Industry Median: 7.18 vs SGX:SK6U: 6.11

Paragon REIT Debt-to-EBITDA Historical Data

The historical data trend for Paragon REIT'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.

Paragon REIT Debt-to-EBITDA Chart

Paragon REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 -41.33 7.52 - 6.11

Paragon REIT Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Dec22 Jun23 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 6.75 5.23 - 9.29 4.55

Competitive Comparison of Paragon REIT's Debt-to-EBITDA

For the REIT - Retail subindustry, Paragon REIT'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.


Paragon REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Paragon REIT Debt-to-EBITDA Calculation

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

Paragon REIT'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
=(223.042 + 1045.647) / 207.695
=6.11

Paragon REIT'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
=(223.042 + 1045.647) / 278.696
=4.55

* 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 (Dec. 2023) EBITDA data.


Paragon REIT  (SGX:SK6U) 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.


Paragon REIT Debt-to-EBITDA Related Terms

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


Paragon REIT (SGX:SK6U) Business Description

Traded in Other Exchanges
N/A
Address
79 Robinson Road, CapitaSky, Bridge+, Singapore, SGP, 068897
Paragon REIT is a real estate investment trust which focuses on retail properties in Singapore and other Asia Pacific regions. The trust primarily comprises upscale retail malls and shopping centres.

Paragon REIT (SGX:SK6U) Headlines

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