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Daiwa House Logistics Trust (SGX:DHLU) Debt-to-EBITDA : 6.99 (As of Dec. 2023)


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What is Daiwa House Logistics Trust Debt-to-EBITDA?

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

Daiwa House Logistics Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$96.02 Mil. Daiwa House Logistics Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$375.68 Mil. Daiwa House Logistics Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was S$67.46 Mil. Daiwa House Logistics Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.99.

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

SGX:DHLU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.66   Med: 11.71   Max: 14.75
Current: 8.66

During the past 5 years, the highest Debt-to-EBITDA Ratio of Daiwa House Logistics Trust was 14.75. The lowest was 8.66. And the median was 11.71.

SGX:DHLU's Debt-to-EBITDA is ranked worse than
60.04% of 508 companies
in the REITs industry
Industry Median: 7.22 vs SGX:DHLU: 8.66

Daiwa House Logistics Trust Debt-to-EBITDA Historical Data

The historical data trend for Daiwa House Logistics 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.

Daiwa House Logistics Trust Debt-to-EBITDA Chart

Daiwa House Logistics Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
Debt-to-EBITDA
- - 14.75 N/A 8.66

Daiwa House Logistics Trust Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - 14.47 13.84 11.46 6.99

Competitive Comparison of Daiwa House Logistics Trust's Debt-to-EBITDA

For the REIT - Industrial subindustry, Daiwa House Logistics 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.


Daiwa House Logistics Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Daiwa House Logistics Trust Debt-to-EBITDA Calculation

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

Daiwa House Logistics 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
=(96.021 + 375.684) / 54.442
=8.66

Daiwa House Logistics 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
=(96.021 + 375.684) / 67.46
=6.99

* 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.


Daiwa House Logistics Trust  (SGX:DHLU) 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.


Daiwa House Logistics Trust Debt-to-EBITDA Related Terms

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


Daiwa House Logistics Trust (SGX:DHLU) Business Description

Traded in Other Exchanges
N/A
Address
8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960
Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

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