GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Embassy Office Parks REIT (BOM:542602) » Definitions » Debt-to-EBITDA

Embassy Office Parks REIT (BOM:542602) Debt-to-EBITDA : 5.24 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Embassy Office Parks REIT Debt-to-EBITDA?

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

Embassy Office Parks REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹46,686 Mil. Embassy Office Parks REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹136,045 Mil. Embassy Office Parks REIT's annualized EBITDA for the quarter that ended in Mar. 2024 was ₹34,900 Mil. Embassy Office Parks REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.24.

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 Embassy Office Parks REIT's Debt-to-EBITDA or its related term are showing as below:

BOM:542602' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -901.11   Med: 5.42   Max: 6.84
Current: 5.81

During the past 9 years, the highest Debt-to-EBITDA Ratio of Embassy Office Parks REIT was 6.84. The lowest was -901.11. And the median was 5.42.

BOM:542602's Debt-to-EBITDA is ranked better than
62.79% of 516 companies
in the REITs industry
Industry Median: 7.305 vs BOM:542602: 5.81

Embassy Office Parks REIT Debt-to-EBITDA Historical Data

The historical data trend for Embassy Office Parks REIT'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.

Embassy Office Parks REIT Debt-to-EBITDA Chart

Embassy Office Parks REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 3.81 5.84 5.18 5.83 5.81

Embassy Office Parks REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.95 5.40 5.61 5.42 5.24

Competitive Comparison of Embassy Office Parks REIT's Debt-to-EBITDA

For the REIT - Office subindustry, Embassy Office Parks REIT'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.


Embassy Office Parks REIT's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Embassy Office Parks REIT's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Embassy Office Parks REIT's Debt-to-EBITDA falls into.



Embassy Office Parks REIT Debt-to-EBITDA Calculation

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

Embassy Office Parks REIT's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(46685.81 + 136044.72) / 31452.97
=5.81

Embassy Office Parks REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(46685.81 + 136044.72) / 34900.08
=5.24

* 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 (Mar. 2024) EBITDA data.


Embassy Office Parks REIT  (BOM:542602) 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.


Embassy Office Parks REIT Debt-to-EBITDA Related Terms

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


Embassy Office Parks REIT (BOM:542602) Business Description

Traded in Other Exchanges
Address
Royal Oaks, Off Intermediate Ring Road, Embassy Golf Links Business Park, Bangalore, KA, IND, 560 071
Embassy Office Parks REIT is involved in real estate activities including renting, buying, selling, and operating of leased or self-owned real estate properties. The group's portfolio comprises best-in-class office parks and prime city-center office buildings. Geographically, the activities are carried out through India.

Embassy Office Parks REIT (BOM:542602) Headlines

No Headlines