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First Hartford (First Hartford) Debt-to-EBITDA : 11.70 (As of Apr. 2018)


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What is First Hartford Debt-to-EBITDA?

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

First Hartford's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2018 was $4.76 Mil. First Hartford's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2018 was $222.50 Mil. First Hartford's annualized EBITDA for the quarter that ended in Apr. 2018 was $19.43 Mil. First Hartford's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2018 was 11.70.

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 First Hartford's Debt-to-EBITDA or its related term are showing as below:

FHRT's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.53
* Ranked among companies with meaningful Debt-to-EBITDA only.

First Hartford Debt-to-EBITDA Historical Data

The historical data trend for First Hartford'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.

First Hartford Debt-to-EBITDA Chart

First Hartford Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.64 6.90 12.81 10.26 11.70

First Hartford Semi-Annual Data
Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
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 18.64 6.90 12.81 10.26 11.70

Competitive Comparison of First Hartford's Debt-to-EBITDA

For the Real Estate - Development subindustry, First Hartford'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.


First Hartford's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where First Hartford's Debt-to-EBITDA falls into.



First Hartford Debt-to-EBITDA Calculation

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

First Hartford's Debt-to-EBITDA for the fiscal year that ended in Apr. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.76 + 222.496) / 19.431
=11.70

First Hartford's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.76 + 222.496) / 19.431
=11.70

* 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 one times the quarterly (Apr. 2018) EBITDA data.


First Hartford  (OTCPK:FHRT) 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.


First Hartford Debt-to-EBITDA Related Terms

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


First Hartford (First Hartford) Business Description

Traded in Other Exchanges
N/A
Address
149 Colonial Road, Manchester, CT, USA, 06042
First Hartford Corp is a real estate company. The company is engaged in the purchase, development, ownership, management, and sale of real estate. The company is engaged in two business segments namely Real Estate Operations and Fee for Service. The company generates maximum revenue from the Real Estate Operations segment.
Executives
Neil H Ellis director, 10 percent owner, officer: President PO BOX 1270 149 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Barbara K Filippelli 10 percent owner 23 LAKEVIEW DR, PAWLING NY 12564
John Filippelli 10 percent owner 23 LAKEVIEW DRIVE, PAWLING NY 12564
Stuart I Greenwald director, officer: Secretary/Treasurer PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Daniel B Harding director, officer: Vice President PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270

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