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Safari Investments RSA (JSE:SAR) Debt-to-EBITDA : 4.64 (As of Sep. 2023)


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What is Safari Investments RSA Debt-to-EBITDA?

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

Safari Investments RSA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R560.3 Mil. Safari Investments RSA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R832.6 Mil. Safari Investments RSA's annualized EBITDA for the quarter that ended in Sep. 2023 was R300.5 Mil. Safari Investments RSA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 4.63.

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 Safari Investments RSA's Debt-to-EBITDA or its related term are showing as below:

JSE:SAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.2   Med: 3.64   Max: 5.42
Current: 3.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Safari Investments RSA was 5.42. The lowest was 1.20. And the median was 3.64.

JSE:SAR's Debt-to-EBITDA is ranked better than
83.69% of 509 companies
in the REITs industry
Industry Median: 7.23 vs JSE:SAR: 3.16

Safari Investments RSA Debt-to-EBITDA Historical Data

The historical data trend for Safari Investments RSA'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.

Safari Investments RSA Debt-to-EBITDA Chart

Safari Investments RSA 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 5.12 5.42 3.68 3.61 2.95

Safari Investments RSA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 5.24 2.80 4.26 2.27 4.64

Competitive Comparison of Safari Investments RSA's Debt-to-EBITDA

For the REIT - Diversified subindustry, Safari Investments RSA'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.


Safari Investments RSA's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Safari Investments RSA Debt-to-EBITDA Calculation

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

Safari Investments RSA'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
=(359.92 + 959.135) / 447.751
=2.95

Safari Investments RSA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(560.291 + 832.601) / 300.538
=4.63

* 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 (Sep. 2023) EBITDA data.


Safari Investments RSA  (JSE:SAR) 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.


Safari Investments RSA Debt-to-EBITDA Related Terms

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


Safari Investments RSA (JSE:SAR) Business Description

Traded in Other Exchanges
N/A
Address
410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081
Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segment includes Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.

Safari Investments RSA (JSE:SAR) Headlines

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