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Goldcrest Co (Goldcrest Co) Debt-to-EBITDA : 11.53 (As of Dec. 2023)


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What is Goldcrest Co Debt-to-EBITDA?

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

Goldcrest Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $211.9 Mil. Goldcrest Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $127.1 Mil. Goldcrest Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $29.4 Mil. Goldcrest Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 11.53.

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 Goldcrest Co's Debt-to-EBITDA or its related term are showing as below:

CDCTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.78   Med: 5.73   Max: 26.57
Current: 26.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Goldcrest Co was 26.57. The lowest was 3.78. And the median was 5.73.

CDCTF's Debt-to-EBITDA is ranked worse than
89.57% of 1266 companies
in the Real Estate industry
Industry Median: 5.725 vs CDCTF: 26.57

Goldcrest Co Debt-to-EBITDA Historical Data

The historical data trend for Goldcrest Co'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.

Goldcrest Co Debt-to-EBITDA Chart

Goldcrest Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 4.23 6.29 3.78 4.08

Goldcrest Co 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 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 28.54 34.12 -62.95 19.85 11.53

Competitive Comparison of Goldcrest Co's Debt-to-EBITDA

For the Real Estate - Development subindustry, Goldcrest Co'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.


Goldcrest Co's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Goldcrest Co Debt-to-EBITDA Calculation

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

Goldcrest Co'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
=(78.929 + 286.539) / 89.59
=4.08

Goldcrest Co'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
=(211.916 + 127.1) / 29.392
=11.53

* 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.


Goldcrest Co  (OTCPK:CDCTF) 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.


Goldcrest Co Debt-to-EBITDA Related Terms

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


Goldcrest Co (Goldcrest Co) Business Description

Traded in Other Exchanges
Address
2-1-1 Otemachi Chiyoda-ku, 12th floor, Otemachi Nomura Building, Tokyo, JPN, 100-0004
Goldcrest Co Ltd is a property development company. It is engaged in the development and sale of condominiums in and around the Tokyo Metropolitan Area. The Company operates in three business segments such as Real Estate Sales, Real Estate Leasing, and Others. The Real Estate Sales segment deals with the development and marketing of condominiums such as Crest City, Crest Form series and Crest Residence. The Real Estate Leasing segment involves with office building and apartment leasing activities. The others segment offers real estate management services.

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