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Warehouses Estates Belgium (XBRU:WEB) Debt-to-EBITDA : 16.14 (As of Dec. 2023)


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What is Warehouses Estates Belgium Debt-to-EBITDA?

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

Warehouses Estates Belgium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €26.71 Mil. Warehouses Estates Belgium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €124.23 Mil. Warehouses Estates Belgium's annualized EBITDA for the quarter that ended in Dec. 2023 was €9.35 Mil. Warehouses Estates Belgium's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 16.14.

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 Warehouses Estates Belgium's Debt-to-EBITDA or its related term are showing as below:

XBRU:WEB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.83   Med: 6.94   Max: 12.95
Current: 10.37

During the past 13 years, the highest Debt-to-EBITDA Ratio of Warehouses Estates Belgium was 12.95. The lowest was 2.83. And the median was 6.94.

XBRU:WEB's Debt-to-EBITDA is ranked worse than
68.7% of 508 companies
in the REITs industry
Industry Median: 7.22 vs XBRU:WEB: 10.37

Warehouses Estates Belgium Debt-to-EBITDA Historical Data

The historical data trend for Warehouses Estates Belgium'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.

Warehouses Estates Belgium Debt-to-EBITDA Chart

Warehouses Estates Belgium Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.27 12.95 8.89 9.51 10.37

Warehouses Estates Belgium Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 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 7.13 7.71 12.98 7.13 16.14

Competitive Comparison of Warehouses Estates Belgium's Debt-to-EBITDA

For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.


Warehouses Estates Belgium's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Warehouses Estates Belgium's Debt-to-EBITDA falls into.



Warehouses Estates Belgium Debt-to-EBITDA Calculation

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

Warehouses Estates Belgium'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
=(26.712 + 124.226) / 14.554
=10.37

Warehouses Estates Belgium'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
=(26.712 + 124.226) / 9.352
=16.14

* 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.


Warehouses Estates Belgium  (XBRU:WEB) 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.


Warehouses Estates Belgium Debt-to-EBITDA Related Terms

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


Warehouses Estates Belgium (XBRU:WEB) Business Description

Traded in Other Exchanges
Address
29 Avenue Jean Mermoz, Gosselies, BEL, 6041
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.