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CapitaLand China Trust (SGX:AU8U) Debt-to-EBITDA : 10.09 (As of Dec. 2023)


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What is CapitaLand China Trust Debt-to-EBITDA?

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

CapitaLand China Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$131.0 Mil. CapitaLand China Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1,820.1 Mil. CapitaLand China Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was S$193.4 Mil. CapitaLand China Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.09.

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 CapitaLand China Trust's Debt-to-EBITDA or its related term are showing as below:

SGX:AU8U' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.95   Med: 5.43   Max: 23.27
Current: 8.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of CapitaLand China Trust was 23.27. The lowest was 2.95. And the median was 5.43.

SGX:AU8U's Debt-to-EBITDA is ranked worse than
60.95% of 507 companies
in the REITs industry
Industry Median: 7.21 vs SGX:AU8U: 8.91

CapitaLand China Trust Debt-to-EBITDA Historical Data

The historical data trend for CapitaLand China Trust'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.

CapitaLand China Trust Debt-to-EBITDA Chart

CapitaLand China Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 23.27 8.69 6.33 8.91

CapitaLand China Trust 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 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 9.24 7.94 5.36 8.05 10.09

Competitive Comparison of CapitaLand China Trust's Debt-to-EBITDA

For the REIT - Retail subindustry, CapitaLand China Trust'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.


CapitaLand China Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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



CapitaLand China Trust Debt-to-EBITDA Calculation

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

CapitaLand China Trust's Debt-to-EBITDA for the fiscal year 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
=(131.049 + 1820.076) / 218.943
=8.91

CapitaLand China Trust'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
=(131.049 + 1820.076) / 193.368
=10.09

* 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 (Dec. 2023) EBITDA data.


CapitaLand China Trust  (SGX:AU8U) 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.


CapitaLand China Trust Debt-to-EBITDA Related Terms

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


CapitaLand China Trust (SGX:AU8U) Business Description

Traded in Other Exchanges
N/A
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand China Trust is a Singapore-based real estate investment trust which invests in retail properties. The company's portfolio consists primarily of shopping malls located in multiple cities in mainland China, Hong Kong, and Macau. The company generates revenue from leasing properties to its tenants. Fashion and accessories stores, dining venues, and department stores collectively contribute the majority of total rental revenue. Other tenants include supermarkets, beauty and healthcare retailers, homeware and furniture stores, and leisure venues. The operating segments are Retail Malls, Business Parks and Logistics Parks. Majority of revenue is generated from Retail Malls segment.

CapitaLand China Trust (SGX:AU8U) Headlines

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