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Patrimoine et Commerce (XPAR:PAT) Debt-to-EBITDA : 9.28 (As of Dec. 2023)


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What is Patrimoine et Commerce Debt-to-EBITDA?

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

Patrimoine et Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €73.39 Mil. Patrimoine et Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €342.25 Mil. Patrimoine et Commerce's annualized EBITDA for the quarter that ended in Dec. 2023 was €44.77 Mil. Patrimoine et Commerce's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.28.

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 Patrimoine et Commerce's Debt-to-EBITDA or its related term are showing as below:

XPAR:PAT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.55   Med: 10.27   Max: 16.01
Current: 10.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Patrimoine et Commerce was 16.01. The lowest was 7.55. And the median was 10.27.

XPAR:PAT's Debt-to-EBITDA is ranked worse than
69.28% of 511 companies
in the REITs industry
Industry Median: 7.15 vs XPAR:PAT: 10.32

Patrimoine et Commerce Debt-to-EBITDA Historical Data

The historical data trend for Patrimoine et Commerce'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.

Patrimoine et Commerce Debt-to-EBITDA Chart

Patrimoine et Commerce 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 12.50 15.87 10.22 7.55 10.32

Patrimoine et Commerce 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 9.74 6.68 8.96 11.86 9.28

Competitive Comparison of Patrimoine et Commerce's Debt-to-EBITDA

For the REIT - Retail subindustry, Patrimoine et Commerce'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.


Patrimoine et Commerce's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Patrimoine et Commerce's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Patrimoine et Commerce's Debt-to-EBITDA falls into.



Patrimoine et Commerce Debt-to-EBITDA Calculation

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

Patrimoine et Commerce'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
=(73.388 + 342.248) / 40.286
=10.32

Patrimoine et Commerce'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
=(73.388 + 342.248) / 44.772
=9.28

* 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.


Patrimoine et Commerce  (XPAR:PAT) 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.


Patrimoine et Commerce Debt-to-EBITDA Related Terms

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


Patrimoine et Commerce (XPAR:PAT) Business Description

Traded in Other Exchanges
N/A
Address
7/9 rue Nationale, Boulogne-Billacourt, FRA, 92100
Patrimoine et Commerce is a real estate company engaged in the acquisition, development, and operation of commercial real estate properties in France. It operates a portfolio of real estate assets located in high-attraction areas in the suburbs or centers of medium-sized cities. The company's property portfolio includes shopping malls, supermarkets, shops, and business parks.

Patrimoine et Commerce (XPAR:PAT) Headlines

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