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CapitaLand Ascendas REIT (SGX:A17U) Debt-to-EBITDA : -41.14 (As of Dec. 2023)


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What is CapitaLand Ascendas REIT Debt-to-EBITDA?

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

CapitaLand Ascendas REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1,093 Mil. CapitaLand Ascendas REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$6,074 Mil. CapitaLand Ascendas REIT's annualized EBITDA for the quarter that ended in Dec. 2023 was S$-174 Mil. CapitaLand Ascendas REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -41.14.

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 CapitaLand Ascendas REIT's Debt-to-EBITDA or its related term are showing as below:

SGX:A17U' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.12   Med: 6.5   Max: 16.96
Current: 16.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of CapitaLand Ascendas REIT was 16.96. The lowest was 3.12. And the median was 6.50.

SGX:A17U's Debt-to-EBITDA is ranked worse than
86.89% of 511 companies
in the REITs industry
Industry Median: 7.18 vs SGX:A17U: 16.92

CapitaLand Ascendas REIT Debt-to-EBITDA Historical Data

The historical data trend for CapitaLand Ascendas REIT'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.

CapitaLand Ascendas REIT Debt-to-EBITDA Chart

CapitaLand Ascendas REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 8.09 5.56 6.61 16.96

CapitaLand Ascendas REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 4.41 6.63 6.61 6.86 -41.14

Competitive Comparison of CapitaLand Ascendas REIT's Debt-to-EBITDA

For the REIT - Industrial subindustry, CapitaLand Ascendas REIT'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.


CapitaLand Ascendas REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where CapitaLand Ascendas REIT's Debt-to-EBITDA falls into.



CapitaLand Ascendas REIT Debt-to-EBITDA Calculation

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

CapitaLand Ascendas REIT'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
=(1093.469 + 6073.735) / 422.563
=16.96

CapitaLand Ascendas REIT'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
=(1093.469 + 6073.735) / -174.21
=-41.14

* 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 (Dec. 2023) EBITDA data.


CapitaLand Ascendas REIT  (SGX:A17U) 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.


CapitaLand Ascendas REIT Debt-to-EBITDA Related Terms

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


CapitaLand Ascendas REIT (SGX:A17U) Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2022, it held a SGD 16.4 billion portfolio of 220 properties across Singapore, Australia, Europe, and the U.S. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns an 18% stake in the trust.

CapitaLand Ascendas REIT (SGX:A17U) Headlines

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