Inovalis Real Estate Investment Trust (Inovalis Real Estate Investment Trust) Debt-to-EBITDA : -5.17 (As of Mar. 2024)

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What is Inovalis Real Estate Investment Trust Debt-to-EBITDA?

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

Inovalis Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $42.42 Mil. Inovalis Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $117.66 Mil. Inovalis Real Estate Investment Trust's annualized EBITDA for the quarter that ended in Mar. 2024 was $-30.96 Mil. Inovalis Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -5.17.

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 Inovalis Real Estate Investment Trust's Debt-to-EBITDA or its related term are showing as below:

IVREF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.07 Med: 7.14 Max: 10.85
Current: -6.03

During the past 11 years, the highest Debt-to-EBITDA Ratio of Inovalis Real Estate Investment Trust was 10.85. The lowest was -10.07. And the median was 7.14.

IVREF's Debt-to-EBITDA is ranked worse than
100% of 508 companies
in the REITs industry
Industry Median: 7.22 vs IVREF: -6.03

Inovalis Real Estate Investment Trust Debt-to-EBITDA Historical Data

The historical data trend for Inovalis Real Estate Investment Trust'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.

Inovalis Real Estate Investment Trust Debt-to-EBITDA Chart

Inovalis Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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6.72

10.85

5.77

-6.95

-10.07

Inovalis Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															16.68	9.71	15.19	-1.58	-5.17

Competitive Comparison of Inovalis Real Estate Investment Trust's Debt-to-EBITDA

For the REIT - Office subindustry, Inovalis Real Estate Investment Trust'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.

Inovalis Real Estate Investment Trust's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inovalis Real Estate Investment Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Inovalis Real Estate Investment Trust's Debt-to-EBITDA falls into.

Inovalis Real Estate Investment Trust Debt-to-EBITDA Calculation

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

Inovalis Real Estate Investment Trust'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
	=	(42.763	+	120.807)	/	-16.25
	=	-10.07

Inovalis Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(42.42	+	117.655)	/	-30.956
	=	-5.17

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 (Mar. 2024) EBITDA data.

Inovalis Real Estate Investment Trust (OTCPK:IVREF) 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.

Inovalis Real Estate Investment Trust Debt-to-EBITDA Related Terms

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

Inovalis Real Estate Investment Trust (Inovalis Real Estate Investment Trust) Business Description

Industry

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Traded in Other Exchanges

INO.UN:Canada

Address

151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7

Website

https://www.inovalisreit.com

Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany. The majority of its revenue is generated from rental income in France. The REIT operates a portfolio of investment properties located in France, Germany and Spain.