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Altarea SCA (XPAR:ALTA) Debt-to-EBITDA : 27.90 (As of Jun. 2023)


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What is Altarea SCA Debt-to-EBITDA?

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

Altarea SCA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €419 Mil. Altarea SCA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €2,170 Mil. Altarea SCA's annualized EBITDA for the quarter that ended in Jun. 2023 was €93 Mil. Altarea SCA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 27.90.

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 Altarea SCA's Debt-to-EBITDA or its related term are showing as below:

XPAR:ALTA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.53   Med: 8.51   Max: 10.06
Current: -25.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Altarea SCA was 10.06. The lowest was -25.53. And the median was 8.51.

XPAR:ALTA's Debt-to-EBITDA is ranked worse than
100% of 511 companies
in the REITs industry
Industry Median: 7.21 vs XPAR:ALTA: -25.53

Altarea SCA Debt-to-EBITDA Historical Data

The historical data trend for Altarea SCA'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.

Altarea SCA Debt-to-EBITDA Chart

Altarea SCA 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 10.06 -10.24 9.29 4.87 -25.53

Altarea SCA 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 8.28 4.57 5.60 27.90 -8.85

Competitive Comparison of Altarea SCA's Debt-to-EBITDA

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Altarea SCA Debt-to-EBITDA Calculation

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

Altarea SCA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(544.8 + 2258.4) / 576.1
=4.87

Altarea SCA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(418.7 + 2170.3) / 92.8
=27.90

* 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 (Jun. 2023) EBITDA data.


Altarea SCA  (XPAR:ALTA) 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.


Altarea SCA Debt-to-EBITDA Related Terms

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


Altarea SCA (XPAR:ALTA) Business Description

Traded in Other Exchanges
Address
8 avenue Delcasse, Paris, FRA, 75008
Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.