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Brookfield Office Properties (TSX:BPO.PR.K.PFD) Debt-to-EBITDA : 9.81 (As of Mar. 2016)


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What is Brookfield Office Properties Debt-to-EBITDA?

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

Brookfield Office Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was C$4,047.16 Mil. Brookfield Office Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was C$14,429.57 Mil. Brookfield Office Properties's annualized EBITDA for the quarter that ended in Mar. 2016 was C$1,883.38 Mil. Brookfield Office Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2016 was 9.81.

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

TSX:BPO.PR.K.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.96
Current: 5.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Brookfield Office Properties was 5.96. The lowest was 0.00. And the median was 0.00.

TSX:BPO.PR.K.PFD's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 5.52 vs TSX:BPO.PR.K.PFD: 5.96

Brookfield Office Properties Debt-to-EBITDA Historical Data

The historical data trend for Brookfield Office 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.

Brookfield Office Properties Debt-to-EBITDA Chart

Brookfield Office Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 5.11 6.59 3.20 4.53

Brookfield Office Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 3.91 5.46 9.67 3.65 9.81

Competitive Comparison of Brookfield Office Properties's Debt-to-EBITDA

For the Real Estate Services subindustry, Brookfield Office 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.


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

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

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



Brookfield Office Properties Debt-to-EBITDA Calculation

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

Brookfield Office Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5400.179 + 12947.815) / 4046.706
=4.53

Brookfield Office Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4047.156 + 14429.566) / 1883.384
=9.81

* 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 (Mar. 2016) EBITDA data.


Brookfield Office Properties  (TSX:BPO.PR.K.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 Office Properties Debt-to-EBITDA Related Terms

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


Brookfield Office Properties (TSX:BPO.PR.K.PFD) Business Description

Address
181 Bay Street, Suite 330, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

Brookfield Office Properties (TSX:BPO.PR.K.PFD) Headlines

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