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Balwin Properties (JSE:BWN) Debt-to-EBITDA : 15.72 (As of Feb. 2024)


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What is Balwin Properties Debt-to-EBITDA?

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

Balwin Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R1,959 Mil. Balwin Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R1,114 Mil. Balwin Properties's annualized EBITDA for the quarter that ended in Feb. 2024 was R196 Mil. Balwin Properties's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 15.72.

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

JSE:BWN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31   Med: 2.4   Max: 8.52
Current: 8.52

During the past 9 years, the highest Debt-to-EBITDA Ratio of Balwin Properties was 8.52. The lowest was 0.31. And the median was 2.40.

JSE:BWN's Debt-to-EBITDA is ranked worse than
61.94% of 1256 companies
in the Real Estate industry
Industry Median: 6.035 vs JSE:BWN: 8.52

Balwin Properties Debt-to-EBITDA Historical Data

The historical data trend for Balwin 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.

Balwin Properties Debt-to-EBITDA Chart

Balwin Properties Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 2.40 3.85 4.67 4.51 7.82

Balwin Properties Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 3.58 5.29 3.93 6.08 15.72

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

For the Real Estate - Development subindustry, Balwin 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.


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

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

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



Balwin Properties Debt-to-EBITDA Calculation

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

Balwin Properties's Debt-to-EBITDA for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1959.394 + 1113.695) / 392.957
=7.82

Balwin Properties's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1959.394 + 1113.695) / 195.518
=15.72

* 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 (Feb. 2024) EBITDA data.


Balwin Properties  (JSE:BWN) 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.


Balwin Properties Debt-to-EBITDA Related Terms

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


Balwin Properties (JSE:BWN) Business Description

Traded in Other Exchanges
N/A
Address
105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is South Africa's residential property developer of large-scale, sectional title estates with a focus on high quality, environmentally efficient and affordable apartments with an lifestyle offering for residents. The operating segments of the company are: Sale of apartments, Provision of services to residential estates, Bond commission, Residential and commercial property rentals and Balwin Foundation.