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CDL Hospitality Trusts (SGX:J85) Debt-to-EBITDA : 3.89 (As of Dec. 2023)


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What is CDL Hospitality Trusts Debt-to-EBITDA?

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

CDL Hospitality Trusts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$348.3 Mil. CDL Hospitality Trusts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$941.7 Mil. CDL Hospitality Trusts's annualized EBITDA for the quarter that ended in Dec. 2023 was S$331.9 Mil. CDL Hospitality Trusts's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.89.

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 CDL Hospitality Trusts's Debt-to-EBITDA or its related term are showing as below:

SGX:J85' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.72   Med: 6.24   Max: 11.43
Current: 6.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of CDL Hospitality Trusts was 11.43. The lowest was -7.72. And the median was 6.24.

SGX:J85's Debt-to-EBITDA is ranked better than
58.12% of 511 companies
in the REITs industry
Industry Median: 7.21 vs SGX:J85: 6.10

CDL Hospitality Trusts Debt-to-EBITDA Historical Data

The historical data trend for CDL Hospitality Trusts'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.

CDL Hospitality Trusts Debt-to-EBITDA Chart

CDL Hospitality Trusts 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 6.78 -7.72 10.20 4.40 6.10

CDL Hospitality Trusts 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 7.05 10.47 2.80 13.89 3.89

Competitive Comparison of CDL Hospitality Trusts's Debt-to-EBITDA

For the REIT - Hotel & Motel subindustry, CDL Hospitality Trusts'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.


CDL Hospitality Trusts's Debt-to-EBITDA Distribution in the REITs Industry

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

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



CDL Hospitality Trusts Debt-to-EBITDA Calculation

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

CDL Hospitality Trusts'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
=(348.313 + 941.683) / 211.345
=6.10

CDL Hospitality Trusts'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
=(348.313 + 941.683) / 331.894
=3.89

* 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.


CDL Hospitality Trusts  (SGX:J85) 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.


CDL Hospitality Trusts Debt-to-EBITDA Related Terms

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


CDL Hospitality Trusts (SGX:J85) Business Description

Traded in Other Exchanges
N/A
Address
390 Havelock Road, No. 02-06 King's Centre, Singapore, SGP, 169662
CDL Hospitality Trusts is a group composed of real estate development trusts specializing in hotel properties. The group has a diversified portfolio of real estate or development projects, which is principally used for hospitality, hospitality-related, and other accommodation purposes. It derives the majority of its revenue from rentals and hotels and geographically from Singapore.

CDL Hospitality Trusts (SGX:J85) Headlines

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