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Swire Properties (Swire Properties) Debt-to-EBITDA : 13.67 (As of Dec. 2023)


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What is Swire Properties Debt-to-EBITDA?

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

Swire Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $979 Mil. Swire Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,371 Mil. Swire Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was $391 Mil. Swire Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 13.67.

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

SWPFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1   Med: 2.14   Max: 8.41
Current: 8.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Swire Properties was 8.41. The lowest was 1.00. And the median was 2.14.

SWPFF's Debt-to-EBITDA is ranked worse than
62.75% of 1267 companies
in the Real Estate industry
Industry Median: 5.55 vs SWPFF: 8.41

Swire Properties Debt-to-EBITDA Historical Data

The historical data trend for Swire Properties'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.

Swire Properties Debt-to-EBITDA Chart

Swire Properties 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 1.84 4.10 2.50 2.15 7.62

Swire Properties Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 1.98 1.99 2.30 4.91 13.67

Competitive Comparison of Swire Properties's Debt-to-EBITDA

For the Real Estate Services subindustry, Swire Properties'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.


Swire Properties's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Swire Properties Debt-to-EBITDA Calculation

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

Swire Properties'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
=(978.642 + 4370.534) / 702.067
=7.62

Swire Properties'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
=(978.642 + 4370.534) / 391.304
=13.67

* 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.


Swire Properties  (OTCPK:SWPFF) 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.


Swire Properties Debt-to-EBITDA Related Terms

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


Swire Properties (Swire Properties) Business Description

Traded in Other Exchanges
Address
88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Properties is a Hong Kong-based property investor, and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of Grade A office contributing more than 9 million square feet. The firm also holds investment properties and development projects in China, the United States and Southeast Asia. Rental income accounts for over 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 82% stake.