Fairvest (FRA:2T20) Debt-to-EBITDA : 3.72 (As of Sep. 2023)

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What is Fairvest Debt-to-EBITDA?

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

Fairvest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €21.37 Mil. Fairvest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €188.33 Mil. Fairvest's annualized EBITDA for the quarter that ended in Sep. 2023 was €56.41 Mil. Fairvest's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.72.

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

FRA:2T20' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.56 Med: 3.18 Max: 3.81
Current: 3.81

During the past 2 years, the highest Debt-to-EBITDA Ratio of Fairvest was 3.81. The lowest was 2.56. And the median was 3.18.

FRA:2T20's Debt-to-EBITDA is ranked better than
80.58% of 515 companies
in the REITs industry
Industry Median: 7.3 vs FRA:2T20: 3.81

Fairvest Debt-to-EBITDA Historical Data

The historical data trend for Fairvest'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.

Fairvest Debt-to-EBITDA Chart

Fairvest Annual Data

Trend

Jun21

Sep23

Debt-to-EBITDA

2.56

3.80

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23
Debt-to-EBITDA	N/A	4.46	3.72

Competitive Comparison of Fairvest's Debt-to-EBITDA

For the REIT - Retail subindustry, Fairvest'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.

Fairvest's Debt-to-EBITDA Distribution in the REITs Industry

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

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

Fairvest Debt-to-EBITDA Calculation

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

Fairvest's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(21.37	+	188.333)	/	55.177
	=	3.80

Fairvest's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(21.37	+	188.333)	/	56.414
	=	3.72

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 (Sep. 2023) EBITDA data.

Fairvest (FRA:2T20) 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.

Fairvest Debt-to-EBITDA Related Terms

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

Fairvest (FRA:2T20) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fairvest Ltd (FRA:2T20) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

FTA:South Africa FTB:South Africa

Address

34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001

Website

https://www.fairvest.co.za

Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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