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Mapletree Pan Asia Commercial Trust (SGX:N2IU) Debt-to-EBITDA : 9.70 (As of Dec. 2023)


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What is Mapletree Pan Asia Commercial Trust Debt-to-EBITDA?

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

Mapletree Pan Asia Commercial Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1,009.6 Mil. Mapletree Pan Asia Commercial Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$5,667.8 Mil. Mapletree Pan Asia Commercial Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was S$688.2 Mil. Mapletree Pan Asia Commercial Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.70.

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 Mapletree Pan Asia Commercial Trust's Debt-to-EBITDA or its related term are showing as below:

SGX:N2IU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.62   Med: 4.72   Max: 23.69
Current: 10.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mapletree Pan Asia Commercial Trust was 23.69. The lowest was 3.62. And the median was 4.72.

SGX:N2IU's Debt-to-EBITDA is ranked worse than
72.21% of 511 companies
in the REITs industry
Industry Median: 7.21 vs SGX:N2IU: 10.99

Mapletree Pan Asia Commercial Trust Debt-to-EBITDA Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust Debt-to-EBITDA Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 4.86 23.69 7.49 10.07

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.85 18.50 9.84 9.63 9.70

Competitive Comparison of Mapletree Pan Asia Commercial Trust's Debt-to-EBITDA

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's Debt-to-EBITDA falls into.



Mapletree Pan Asia Commercial Trust Debt-to-EBITDA Calculation

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

Mapletree Pan Asia Commercial Trust's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(754.431 + 6029.269) / 673.91
=10.07

Mapletree Pan Asia Commercial 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
=(1009.614 + 5667.767) / 688.212
=9.70

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Mapletree Pan Asia Commercial Trust  (SGX:N2IU) 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.


Mapletree Pan Asia Commercial Trust Debt-to-EBITDA Related Terms

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


Mapletree Pan Asia Commercial Trust (SGX:N2IU) Business Description

Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

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