Brookfield Asset Management (Brookfield Asset Management) Debt-to-EBITDA : 0.74 (As of Dec. 2023)

Brookfield Asset Management Debt-to-EBITDA Chart

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial						-	0.13	0.64	0.36	0.74

Competitive Comparison of Brookfield Asset Management's Debt-to-EBITDA

For the Asset Management subindustry, Brookfield Asset Management'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.

Brookfield Asset Management's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Asset Management's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Brookfield Asset Management's Debt-to-EBITDA falls into.

Brookfield Asset Management Debt-to-EBITDA Calculation

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

Brookfield Asset Management's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Brookfield Asset Management's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.

Brookfield Asset Management  (NYSE:BAM) 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.

Brookfield Asset Management Debt-to-EBITDA Related Terms

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

Brookfield Asset Management (Brookfield Asset Management) Business Description