Gav-Yam Lands (XTAE:GVYM) Debt-to-EBITDA : 12.03 (As of Mar. 2024)

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What is Gav-Yam Lands Debt-to-EBITDA?

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

Gav-Yam Lands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪1,807.5 Mil. Gav-Yam Lands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪6,318.7 Mil. Gav-Yam Lands's annualized EBITDA for the quarter that ended in Mar. 2024 was ₪675.4 Mil. Gav-Yam Lands's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 12.03.

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 Gav-Yam Lands's Debt-to-EBITDA or its related term are showing as below:

XTAE:GVYM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.99 Med: 5.55 Max: 10.45
Current: 7.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gav-Yam Lands was 10.45. The lowest was 2.99. And the median was 5.55.

XTAE:GVYM's Debt-to-EBITDA is ranked worse than
58.91% of 1263 companies
in the Real Estate industry
Industry Median: 5.76 vs XTAE:GVYM: 7.67

Gav-Yam Lands Debt-to-EBITDA Historical Data

The historical data trend for Gav-Yam Lands'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.

Gav-Yam Lands Debt-to-EBITDA Chart

Gav-Yam Lands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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5.30

10.45

2.99

4.30

7.20

Gav-Yam Lands Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															8.64	3.42	9.54	11.88	12.03

Competitive Comparison of Gav-Yam Lands's Debt-to-EBITDA

For the Real Estate - Development subindustry, Gav-Yam Lands'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.

Gav-Yam Lands's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Gav-Yam Lands's Debt-to-EBITDA falls into.

Gav-Yam Lands Debt-to-EBITDA Calculation

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

Gav-Yam Lands'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
	=	(1725.496	+	6169.833)	/	1096.562
	=	7.20

Gav-Yam Lands's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1807.535	+	6318.695)	/	675.412
	=	12.03

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 (Mar. 2024) EBITDA data.

Gav-Yam Lands (XTAE:GVYM) 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.

Gav-Yam Lands Debt-to-EBITDA Related Terms

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

Gav-Yam Lands (XTAE:GVYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gav-Yam Lands Corp Ltd (XTAE:GVYM) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

9 Andrei Sakharov Street, Matam Tower 1, P.O. Box 15041, Haifa, ISR, 31905

Website

https://www.gav-yam.co.il

Gav-Yam Lands Corp Ltd is an Israeli real estate company, engaged directly and through its subsidiaries in the initiation, planning, establishing, and managing of high-technology parks, industrial parks, commerce, and office buildings, logistics centers, and residential neighborhoods. The company has been involved in many commercial, industrial, and residential developments throughout Israel. The company's well-known projects include Gav-Yam Center Herzliya, a six-building complex, including an underground parking lot, Matam Park - Haifa, an international business & Hi-Tech park, Gav-Yam Park - Caesarea, a modern park designed to populate companies from various industries.

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