Yorkton Equity Group (TSXV:YEG) Debt-to-EBITDA : 4.74 (As of Dec. 2023)

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What is Yorkton Equity Group Debt-to-EBITDA?

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

Yorkton Equity Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$3.61 Mil. Yorkton Equity Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$96.70 Mil. Yorkton Equity Group's annualized EBITDA for the quarter that ended in Dec. 2023 was C$21.14 Mil. Yorkton Equity Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.74.

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 Yorkton Equity Group's Debt-to-EBITDA or its related term are showing as below:

TSXV:YEG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.58 Med: 6.22 Max: 26.52
Current: 14.17

During the past 4 years, the highest Debt-to-EBITDA Ratio of Yorkton Equity Group was 26.52. The lowest was -30.58. And the median was 6.22.

TSXV:YEG's Debt-to-EBITDA is ranked worse than
77.83% of 1263 companies
in the Real Estate industry
Industry Median: 5.66 vs TSXV:YEG: 14.17

Yorkton Equity Group Debt-to-EBITDA Historical Data

The historical data trend for Yorkton Equity Group'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.

Yorkton Equity Group Debt-to-EBITDA Chart

Yorkton Equity Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-1.73

-30.58

26.52

14.17

Yorkton Equity Group Quarterly Data
	Sep19	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												14.74	38.90	32.02	26.36	4.74

Competitive Comparison of Yorkton Equity Group's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Yorkton Equity Group'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.

Yorkton Equity Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Yorkton Equity Group's Debt-to-EBITDA falls into.

Yorkton Equity Group Debt-to-EBITDA Calculation

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

Yorkton Equity Group'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
	=	(3.61	+	96.695)	/	7.077
	=	14.17

Yorkton Equity Group'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
	=	(3.61	+	96.695)	/	21.144
	=	4.74

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.

Yorkton Equity Group (TSXV:YEG) 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.

Yorkton Equity Group Debt-to-EBITDA Related Terms

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

Yorkton Equity Group (TSXV:YEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yorkton Equity Group Inc (TSXV:YEG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

10180 - 101 Street NW, 3165 Manulfie Place, Edmonton, AB, CAN, T5J 3S4

Website

https://www.yorktonequitygroup.com

Yorkton Equity Group Inc is a fully integrated, growth-oriented real estate investment company committed to providing shareholders with investment opportunities through the accretive acquisitions of multi-family revenue properties in strategic markets across Canada, with its current focus in Western Canada. YEG's focus is to acquire and manage multi-family revenue properties in growing strategic markets across Canada with strong economic fundamentals and to grow the Net Operating Income (NOI) and the Net Asset Value (NAV) of its revenue property portfolio.

Yorkton Equity Group (TSXV:YEG) Headlines

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