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HAL Trust (FRA:HA4) Debt-to-EBITDA : 1.68 (As of Dec. 2023)


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What is HAL Trust Debt-to-EBITDA?

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

HAL Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,661 Mil. HAL Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,178 Mil. HAL Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was €2,876 Mil. HAL Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.68.

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

FRA:HA4' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.92   Med: 2.23   Max: 3.49
Current: 1.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of HAL Trust was 3.49. The lowest was 0.92. And the median was 2.23.

FRA:HA4's Debt-to-EBITDA is ranked worse than
54.19% of 358 companies
in the Asset Management industry
Industry Median: 1.275 vs FRA:HA4: 1.64

HAL Trust Debt-to-EBITDA Historical Data

The historical data trend for HAL Trust'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.

HAL Trust Debt-to-EBITDA Chart

HAL Trust 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 1.99 3.43 0.92 2.47 1.64

HAL Trust 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 0.55 3.03 1.88 1.87 1.68

Competitive Comparison of HAL Trust's Debt-to-EBITDA

For the Asset Management subindustry, HAL Trust'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.


HAL Trust's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HAL Trust's Debt-to-EBITDA distribution charts can be found below:

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



HAL Trust Debt-to-EBITDA Calculation

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

HAL Trust'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
=(1660.9 + 3178.2) / 2943.9
=1.64

HAL Trust'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
=(1660.9 + 3178.2) / 2875.8
=1.68

* 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.


HAL Trust  (FRA:HA4) 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.


HAL Trust Debt-to-EBITDA Related Terms

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


HAL Trust (FRA:HA4) Business Description

Traded in Other Exchanges
Address
Johan van Walbeeckplein 11A, Willemstad, CUW
HAL Trust is the sole shareholder of HAL Holding N.V., an investment portfolio company with holdings primarily located in the Netherlands. The company seeks to build value through activist participation in its acquisitions and commits capital without a predetermined investment horizon. It operates through unquoted; quoted minority interests; real estate; and liquid portfolio segments. The unquoted and quoted minority interest segments are the top two contributing segments to the trust's revenue. Over half of the trust's revenue is generated on the European continent.

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