Leo Palace21 (TSE:8848) Debt-to-EBITDA : 1.77 (As of Dec. 2023)

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What is Leo Palace21 Debt-to-EBITDA?

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

Leo Palace21's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円972 Mil. Leo Palace21's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円29,915 Mil. Leo Palace21's annualized EBITDA for the quarter that ended in Dec. 2023 was 円17,500 Mil. Leo Palace21's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.76.

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 Leo Palace21's Debt-to-EBITDA or its related term are showing as below:

TSE:8848' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.43 Med: 1.63 Max: 2.31
Current: 1.94

During the past 13 years, the highest Debt-to-EBITDA Ratio of Leo Palace21 was 2.31. The lowest was -3.43. And the median was 1.63.

TSE:8848's Debt-to-EBITDA is ranked better than
77.88% of 1266 companies
in the Real Estate industry
Industry Median: 5.745 vs TSE:8848: 1.94

Leo Palace21 Debt-to-EBITDA Historical Data

The historical data trend for Leo Palace21'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.

Leo Palace21 Debt-to-EBITDA Chart

Leo Palace21 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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-0.95

-0.80

-3.43

1.41

2.31

Leo Palace21 Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															2.48	-2.33	0.97	1.14	1.77

Competitive Comparison of Leo Palace21's Debt-to-EBITDA

For the Real Estate Services subindustry, Leo Palace21'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.

Leo Palace21's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Debt-to-EBITDA falls into.

Leo Palace21 Debt-to-EBITDA Calculation

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

Leo Palace21'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
	=	(1214	+	30634)	/	13794
	=	2.31

Leo Palace21'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
	=	(972	+	29915)	/	17500
	=	1.76

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.

Leo Palace21 (TSE:8848) 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.

Leo Palace21 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Leo Palace21's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Leo Palace21 (TSE:8848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leo Palace21 Corp (TSE:8848) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

MQI:Germany

Address

2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622

Website

http://www.leopalace21.co.jp

Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

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