AX Real Estate (MAL:AXR) Debt-to-EBITDA : -21.09 (As of Oct. 2023)

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What is AX Real Estate Debt-to-EBITDA?

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

AX Real Estate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €54.15 Mil. AX Real Estate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €114.99 Mil. AX Real Estate's annualized EBITDA for the quarter that ended in Oct. 2023 was €-8.02 Mil. AX Real Estate's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -21.09.

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 AX Real Estate's Debt-to-EBITDA or its related term are showing as below:

MAL:AXR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -240.6 Med: 12.28 Max: 19.59
Current: -240.6

During the past 3 years, the highest Debt-to-EBITDA Ratio of AX Real Estate was 19.59. The lowest was -240.60. And the median was 12.28.

MAL:AXR's Debt-to-EBITDA is ranked worse than
100% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs MAL:AXR: -240.60

AX Real Estate Debt-to-EBITDA Historical Data

The historical data trend for AX Real Estate'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.

AX Real Estate Debt-to-EBITDA Chart

AX Real Estate Annual Data

Trend

Oct21

Oct22

Oct23

Debt-to-EBITDA

7.13

12.28

19.59

AX Real Estate Semi-Annual Data
	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-EBITDA	N/A	8.09	-124.90	10.97	-21.09

Competitive Comparison of AX Real Estate's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, AX Real Estate'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.

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

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

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

AX Real Estate Debt-to-EBITDA Calculation

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

AX Real Estate's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(54.152	+	114.99)	/	8.634
	=	19.59

AX Real Estate's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(54.152	+	114.99)	/	-8.02
	=	-21.09

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 (Oct. 2023) EBITDA data.

AX Real Estate (MAL:AXR) 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.

AX Real Estate Debt-to-EBITDA Related Terms

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

AX Real Estate (MAL:AXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AX Real Estate PLC (MAL:AXR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741

Website

https://www.axrealestate.mt

AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. The company's portfolio includes warehouses, an office block at Hardrocks Industrial Park, as well as an office block at Falcon House. On the other hand, its subsidiaries own a range of properties and developments, such as the Suncrest Hotels, the Royal Hotels, St. John's Boutique Hotel and Palazzo Merkanti Leisure, as well as Central Leisure Developments, Simblija Developments, Heritage Developments and Skyline Developments.