GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UNITE Group PLC (FRA:U1B) » Definitions » Debt-to-EBITDA

UNITE Group (FRA:U1B) Debt-to-EBITDA : 306.75 (As of Dec. 2023)


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

What is UNITE Group Debt-to-EBITDA?

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

UNITE Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €353.8 Mil. UNITE Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €999.0 Mil. UNITE Group's annualized EBITDA for the quarter that ended in Dec. 2023 was €4.4 Mil. UNITE Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 306.75.

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

FRA:U1B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -32.04   Med: 2.16   Max: 8.29
Current: 8.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of UNITE Group was 8.29. The lowest was -32.04. And the median was 2.16.

FRA:U1B's Debt-to-EBITDA is ranked worse than
58.35% of 509 companies
in the REITs industry
Industry Median: 7.21 vs FRA:U1B: 8.29

UNITE Group Debt-to-EBITDA Historical Data

The historical data trend for UNITE Group'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.

UNITE Group Debt-to-EBITDA Chart

UNITE Group 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 -27.60 -32.04 3.16 3.38 8.29

UNITE Group 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 2.61 1.95 14.70 4.98 306.75

Competitive Comparison of UNITE Group's Debt-to-EBITDA

For the REIT - Diversified subindustry, UNITE Group'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.


UNITE Group's Debt-to-EBITDA Distribution in the REITs Industry

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

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



UNITE Group Debt-to-EBITDA Calculation

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

UNITE Group'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
=(353.799 + 998.95) / 163.203
=8.29

UNITE Group'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
=(353.799 + 998.95) / 4.41
=306.75

* 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.


UNITE Group  (FRA:U1B) 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.


UNITE Group Debt-to-EBITDA Related Terms

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


UNITE Group (FRA:U1B) Business Description

Traded in Other Exchanges
Address
South Quay House, Temple Back, Bristol, GBR, BS1 6FL
UNITE Group PLC develops and operates student housing. It has nearly 150 properties in the United Kingdom that can accommodate almost 50,000 students. Nearly 20% of its rental capacity is in London. The company rents rooms both directly to students and through partnerships with more than 50 universities. Properties often have communal kitchens and other common rooms. Rental income typically provides a portion of the company's revenue. The company also generates revenue from management and development fees and from property sales.

UNITE Group (FRA:U1B) Headlines

No Headlines