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BHG Retail REIT (SGX:BMGU) Debt-to-EBITDA : 13.78 (As of Dec. 2023)


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What is BHG Retail REIT Debt-to-EBITDA?

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

BHG Retail REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$291.62 Mil. BHG Retail REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$7.70 Mil. BHG Retail REIT's annualized EBITDA for the quarter that ended in Dec. 2023 was S$21.72 Mil. BHG Retail REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 13.78.

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 BHG Retail REIT's Debt-to-EBITDA or its related term are showing as below:

SGX:BMGU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.83   Med: 7.68   Max: 14.02
Current: 10.22

During the past 8 years, the highest Debt-to-EBITDA Ratio of BHG Retail REIT was 14.02. The lowest was 2.83. And the median was 7.68.

SGX:BMGU's Debt-to-EBITDA is ranked worse than
67.85% of 507 companies
in the REITs industry
Industry Median: 7.21 vs SGX:BMGU: 10.22

BHG Retail REIT Debt-to-EBITDA Historical Data

The historical data trend for BHG Retail REIT'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.

BHG Retail REIT Debt-to-EBITDA Chart

BHG Retail REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.83 14.02 7.68 7.86 10.22

BHG Retail REIT Semi-Annual Data
Jun16 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 7.39 7.59 8.23 8.03 13.78

Competitive Comparison of BHG Retail REIT's Debt-to-EBITDA

For the REIT - Retail subindustry, BHG Retail REIT'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.


BHG Retail REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

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



BHG Retail REIT Debt-to-EBITDA Calculation

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

BHG Retail REIT'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
=(291.615 + 7.7) / 29.284
=10.22

BHG Retail REIT'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
=(291.615 + 7.7) / 21.722
=13.78

* 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.


BHG Retail REIT  (SGX:BMGU) 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.


BHG Retail REIT Debt-to-EBITDA Related Terms

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


BHG Retail REIT (SGX:BMGU) Business Description

Traded in Other Exchanges
N/A
Address
12 Marina Boulevard, Level 44, Marina Bay Financial Centre, Tower 3, Singapore, SGP, 018982
BHG Retail REIT invests directly or indirectly, in a diversified portfolio of income-producing real estate that is used for retail purposes. Its portfolio comprises six retail properties, Beijing Wanliu Mall, Chengdu Konggang Mall, Hefei Mengchenglu Mall, Hefei Changjiangxilu, Xining Huayuan Mall and Dalian Jinsanjiao Property.

BHG Retail REIT (SGX:BMGU) Headlines

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