Timbercreek Financial (TSX:TF) Debt-to-EBITDA

: 5.84 (As of Dec. 2023)

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

Timbercreek Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$259.7 Mil. Timbercreek Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$142.9 Mil. Timbercreek Financial's annualized EBITDA for the quarter that ended in Dec. 2023 was C$68.9 Mil. Timbercreek Financial's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.84.

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 Timbercreek Financial's Debt-to-EBITDA or its related term are showing as below:

TSX:TF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52 Med: 9.04 Max: 14.28
Current: 5.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Timbercreek Financial was 14.28. The lowest was 1.52. And the median was 9.04.

TSX:TF's Debt-to-EBITDA is ranked better than
65.62% of 32 companies
in the Banks industry
Industry Median: 11.065 vs TSX:TF: 5.34

Timbercreek Financial Debt-to-EBITDA Historical Data

The historical data trend for Timbercreek Financial'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.

Timbercreek Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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9.87

14.28

12.23

9.11

5.34

Timbercreek Financial 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															8.66	6.47	6.55	7.30	5.84

Competitive Comparison

For the Mortgage Finance subindustry, Timbercreek Financial'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.

Timbercreek Financial Debt-to-EBITDA Distribution

For the Banks industry and Financial Services sector, Timbercreek Financial's Debt-to-EBITDA distribution charts can be found below:

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

Timbercreek Financial Debt-to-EBITDA Calculation

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

Timbercreek Financial'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
	=	(259.704	+	142.874)	/	75.419
	=	5.34

Timbercreek Financial'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
	=	(259.704	+	142.874)	/	68.892
	=	5.84

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.

Timbercreek Financial (TSX:TF) 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.

Timbercreek Financial Debt-to-EBITDA Related Terms

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

Timbercreek Financial (TSX:TF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Timbercreek Financial Corp (TSX:TF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

TBCRF:USA 58O:Germany

Address

25 Price Street, Toronto, ON, CAN, M4W 1Z1

Website

https://www.timbercreekfinancial.com

Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans primarily secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's strategy is to preserve investor capital by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.

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