Attacq (JSE:ATT) Debt-to-EBITDA : 4.03 (As of Dec. 2023)

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What is Attacq Debt-to-EBITDA?

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

Attacq's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R95 Mil. Attacq's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R6,063 Mil. Attacq's annualized EBITDA for the quarter that ended in Dec. 2023 was R1,529 Mil. Attacq's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.03.

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

JSE:ATT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.67 Med: 4.93 Max: 41.64
Current: 4.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Attacq was 41.64. The lowest was -3.67. And the median was 4.93.

JSE:ATT's Debt-to-EBITDA is ranked better than
78.78% of 509 companies
in the REITs industry
Industry Median: 7.23 vs JSE:ATT: 4.07

Attacq Debt-to-EBITDA Historical Data

The historical data trend for Attacq'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.

Attacq Debt-to-EBITDA Chart

Attacq Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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41.64

-3.67

10.76

4.55

6.51

Attacq 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															4.27	5.07	7.59	5.77	4.03

Competitive Comparison of Attacq's Debt-to-EBITDA

For the REIT - Diversified subindustry, Attacq'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.

Attacq's Debt-to-EBITDA Distribution in the REITs Industry

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

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

Attacq Debt-to-EBITDA Calculation

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

Attacq's Debt-to-EBITDA for the fiscal year 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
	=	(780.254	+	7847.926)	/	1324.951
	=	6.51

Attacq'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
	=	(95.407	+	6062.962)	/	1529.228
	=	4.03

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 two times the quarterly (Dec. 2023) EBITDA data.

Attacq (JSE:ATT) 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.

Attacq Debt-to-EBITDA Related Terms

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

Attacq (JSE:ATT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Attacq Ltd (JSE:ATT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Magwa Crescent, Nexus 1, Ground floor, Waterfall City, Johannesburg, GT, ZAF, 2090

Website

https://www.attacq.co.za

Attacq Ltd is a South Africa-based REIT company. It is principally engaged in property development and property investment. The company's property investment portfolio contains commercial and retail real estate investments, which are located in South Africa, emerging markets excluding South Africa, and developed markets (such as some countries in Europe), with property investment in South Africa accounting for around two-thirds of total property assets. The company's property investment portfolio accounts for the majority of the company's total property portfolio. The company also develops properties to address tenants' needs or to generate investment properties. It generates the majority of its total revenue from rental income.