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LEG Immobilien SE (XTER:LEG) Debt-to-EBITDA : -3.29 (As of Dec. 2023)


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What is LEG Immobilien SE Debt-to-EBITDA?

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

LEG Immobilien SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €446 Mil. LEG Immobilien SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8,930 Mil. LEG Immobilien SE's annualized EBITDA for the quarter that ended in Dec. 2023 was €-2,852 Mil. LEG Immobilien SE's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -3.29.

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 LEG Immobilien SE's Debt-to-EBITDA or its related term are showing as below:

XTER:LEG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.21   Med: 3.91   Max: 9.8
Current: -5.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of LEG Immobilien SE was 9.80. The lowest was -5.21. And the median was 3.91.

XTER:LEG's Debt-to-EBITDA is ranked worse than
100% of 1265 companies
in the Real Estate industry
Industry Median: 5.76 vs XTER:LEG: -5.21

LEG Immobilien SE Debt-to-EBITDA Historical Data

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Debt-to-EBITDA Chart

LEG Immobilien SE 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 4.24 - 3.90 9.80 -5.21

LEG Immobilien SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -3.23 - - - -3.29

Competitive Comparison of LEG Immobilien SE's Debt-to-EBITDA

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where LEG Immobilien SE's Debt-to-EBITDA falls into.



LEG Immobilien SE Debt-to-EBITDA Calculation

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

LEG Immobilien SE'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
=(445.7 + 8930.1) / -1800.1
=-5.21

LEG Immobilien SE'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
=(445.7 + 8930.1) / -2852
=-3.29

* 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 four times the quarterly (Dec. 2023) EBITDA data.


LEG Immobilien SE  (XTER:LEG) 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.


LEG Immobilien SE Debt-to-EBITDA Related Terms

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


LEG Immobilien SE (XTER:LEG) Business Description

Traded in Other Exchanges
Address
Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474
LEG Immobilien SE is a general real estate company. The company's portfolio consists primarily of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of innovative value-added services. LEG is primarily focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high growth markets, stable markets, and higher-yielding markets. LEG considers merger and acquisition investment as a potential component of its operational growth strategy.
Executives
Dr. Volker Wiegel Board of Directors
Dr. Kathrin Köhling Board of Directors
Michael Zimmer Supervisory Board
Lars Von Lackum Board of Directors
Susanne Schröter-crossan Board of Directors
Martin Wiesmann Supervisory Board

LEG Immobilien SE (XTER:LEG) Headlines

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