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Halmont Properties (TSXV:HMT) Debt-to-EBITDA : 1.19 (As of Dec. 2023)


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What is Halmont Properties Debt-to-EBITDA?

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

Halmont Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Halmont Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$68.27 Mil. Halmont Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was C$57.36 Mil. Halmont Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.19.

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

TSXV:HMT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.63   Med: 8.9   Max: 13
Current: 2.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Halmont Properties was 13.00. The lowest was 2.63. And the median was 8.90.

TSXV:HMT's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 5.745 vs TSXV:HMT: 2.63

Halmont Properties Debt-to-EBITDA Historical Data

The historical data trend for Halmont 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.

Halmont Properties Debt-to-EBITDA Chart

Halmont 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 8.34 10.87 9.46 3.47 2.63

Halmont Properties 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 -53.95 4.42 5.19 4.39 1.19

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

For the Real Estate - Development subindustry, Halmont 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.


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

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

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



Halmont Properties Debt-to-EBITDA Calculation

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

Halmont 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
=(0 + 68.27) / 26.005
=2.63

Halmont 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
=(0 + 68.27) / 57.364
=1.19

* 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.


Halmont Properties  (TSXV:HMT) 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.


Halmont Properties Debt-to-EBITDA Related Terms

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


Halmont Properties (TSXV:HMT) Business Description

Traded in Other Exchanges
N/A
Address
51 Yonge Street, Suite 400, Toronto, ON, CAN, M5E 1J1
Website
Halmont Properties Corp is a Canadian company that invests in commercial, residential and forest properties, securities of companies holding property, and energy and infrastructure assets. It generates maximum revenue from the Commercial property.

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