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First Property Group (LSE:FPO) Debt-to-EBITDA : -27.44 (As of Sep. 2023)


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What is First Property Group Debt-to-EBITDA?

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

First Property Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1.54 Mil. First Property Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £11.58 Mil. First Property Group's annualized EBITDA for the quarter that ended in Sep. 2023 was £-0.48 Mil. First Property Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -27.44.

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 First Property Group's Debt-to-EBITDA or its related term are showing as below:

LSE:FPO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.98   Med: 6.96   Max: 46.18
Current: 46.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of First Property Group was 46.18. The lowest was -11.98. And the median was 6.96.

LSE:FPO's Debt-to-EBITDA is ranked worse than
94.22% of 1262 companies
in the Real Estate industry
Industry Median: 5.775 vs LSE:FPO: 46.18

First Property Group Debt-to-EBITDA Historical Data

The historical data trend for First Property Group'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.

First Property Group Debt-to-EBITDA Chart

First Property Group 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 4.26 7.21 -11.98 2.00 4.29

First Property Group 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 1.11 11.74 2.71 12.78 -27.44

Competitive Comparison of First Property Group's Debt-to-EBITDA

For the Real Estate Services subindustry, First Property Group'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.


First Property Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



First Property Group Debt-to-EBITDA Calculation

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

First Property Group'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
=(1.585 + 11.786) / 3.117
=4.29

First Property Group'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
=(1.536 + 11.579) / -0.478
=-27.44

* 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.


First Property Group  (LSE:FPO) 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.


First Property Group Debt-to-EBITDA Related Terms

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


First Property Group (LSE:FPO) Business Description

Traded in Other Exchanges
N/A
Address
32 St James’s Street, London, GBR, SW1A 1HD
First Property Group PLC is a property fund manager and investor with operations in the United Kingdom and Central Europe mainly in Poland. The company is organized into three segments including Property Fund Management, Group Properties, and other co-investment. It generates most of its revenue from the Group Properties segment. The Group Properties segment comprises the revenues and profits from its trading in its properties including rental and service charge income from the properties owned by the company.

First Property Group (LSE:FPO) Headlines