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Park Street A/S (OCSE:PARKST A) Debt-to-EBITDA : -109.45 (As of Dec. 2023)


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What is Park Street A/S Debt-to-EBITDA?

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

Park Street A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr23.0 Mil. Park Street A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1,332.7 Mil. Park Street A/S's annualized EBITDA for the quarter that ended in Dec. 2023 was kr-12.4 Mil. Park Street A/S's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -109.45.

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 Park Street A/S's Debt-to-EBITDA or its related term are showing as below:

OCSE:PARKST A' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.39   Med: 11   Max: 67.57
Current: 67.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Park Street A/S was 67.57. The lowest was 3.39. And the median was 11.00.

OCSE:PARKST A's Debt-to-EBITDA is ranked worse than
95.57% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs OCSE:PARKST A: 67.57

Park Street A/S Debt-to-EBITDA Historical Data

The historical data trend for Park Street A/S'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.

Park Street A/S Debt-to-EBITDA Chart

Park Street A/S 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 9.01 6.49 6.94 12.98 67.57

Park Street A/S 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 6.29 17.50 10.48 27.06 -109.45

Competitive Comparison of Park Street A/S's Debt-to-EBITDA

For the Real Estate Services subindustry, Park Street A/S'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.


Park Street A/S's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Park Street A/S's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Park Street A/S's Debt-to-EBITDA falls into.



Park Street A/S Debt-to-EBITDA Calculation

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

Park Street A/S'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
=(22.953 + 1332.708) / 20.064
=67.57

Park Street A/S'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
=(22.953 + 1332.708) / -12.386
=-109.45

* 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.


Park Street A/S  (OCSE:PARKST A) 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.


Park Street A/S Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Park Street A/S's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Park Street A/S (OCSE:PARKST A) Business Description

Traded in Other Exchanges
N/A
Address
Svanevej 12, Kobenhavn, DNK, DK-2400
Park Street A/S is a real estate investment and asset management company. The Company manages the real estate portfolio mainly in the office, retail, and residential segment. Revenue includes rental income, interest on mortgage and debt instruments measured at fair value, sale amount from sold project holding, sales of goods, and sales of other services. The Group's investment properties are geographically concentrated in Greater Copenhagen and Zealand.

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