GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Homes 4 Rent (NYSE:AMH) » Definitions » Debt-to-EBITDA

American Homes 4 Rent (American Homes 4 Rent) Debt-to-EBITDA : 4.63 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is American Homes 4 Rent Debt-to-EBITDA?

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

American Homes 4 Rent's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $90 Mil. American Homes 4 Rent's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,390 Mil. American Homes 4 Rent's annualized EBITDA for the quarter that ended in Dec. 2023 was $967 Mil. American Homes 4 Rent's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.63.

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 American Homes 4 Rent's Debt-to-EBITDA or its related term are showing as below:

AMH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.35   Med: 5.15   Max: 12.15
Current: 4.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of American Homes 4 Rent was 12.15. The lowest was 4.35. And the median was 5.15.

AMH's Debt-to-EBITDA is ranked better than
77.12% of 507 companies
in the REITs industry
Industry Median: 7.18 vs AMH: 4.35

American Homes 4 Rent Debt-to-EBITDA Historical Data

The historical data trend for American Homes 4 Rent'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.

American Homes 4 Rent Debt-to-EBITDA Chart

American Homes 4 Rent 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 4.63 4.61 5.58 5.21 4.35

American Homes 4 Rent 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 4.49 3.84 4.17 4.63 4.63

Competitive Comparison of American Homes 4 Rent's Debt-to-EBITDA

For the REIT - Residential subindustry, American Homes 4 Rent'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.


American Homes 4 Rent's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Homes 4 Rent's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where American Homes 4 Rent's Debt-to-EBITDA falls into.



American Homes 4 Rent Debt-to-EBITDA Calculation

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

American Homes 4 Rent'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
=(90 + 4389.935) / 1028.89
=4.35

American Homes 4 Rent'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
=(90 + 4389.935) / 967.196
=4.63

* 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.


American Homes 4 Rent  (NYSE:AMH) 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.


American Homes 4 Rent Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of American Homes 4 Rent's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


American Homes 4 Rent (American Homes 4 Rent) Business Description

Traded in Other Exchanges
Address
280 Pilot Road, Las Vegas, NV, USA, 89119
American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.
Executives
James H Kropp director 701 WESTERN AVENUE, GLENDALE CA 91201
Bryan Smith officer: Chief Operating Officer C/O AMERICAN HOMES 4 RENT, 280 PILOT ROAD, LAS VEGAS NV 89119
Brian Reitz officer: Chief Accounting Officer C/O AMERICAN HOMES 4 RENT, 280 PILOT ROAD, LAS VEGAS NV 89119
Sara H. Vogt-lowell officer: SVP & Chief Legal Officer C/O AMERICAN HOMES 4 RENT, 23975 PARK SORRENTO, SUITE 300, CALABASAS CA 91302
Douglas N Benham director
Christopher Lau officer: Chief Financial Officer C/O AMERICAN HOMES 4 RENT, 280 PILOT ROAD, LAS VEGAS NV 89119
Matthew J Hart director C/O AIR LEASE CORPORATION, 2000 AVENUE OF THE STARS, SUITE 1000N, LOS ANGELES CA 90067
Tamara Hughes Gustavson director 701 WESTERN AVENUE, GLENDALE CA 91201-2349
Kenneth M. Woolley director 2795 EAST COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Anita Marie Mayala-mcintyre other: MGR. HF Investments 2010, LLC 423 CALLE SANTIAGO, NEWBURY PARK CA 91320
Jack E Corrigan director, officer: Chief Operating Officer C/O AMERICAN HOMES 4 RENT, 23975 PARK SORRENTO, SUITE 300, CALABASAS CA 91302
Hughes B Wayne Et Al director 701 WESTERN AVENUE, GLENDALE CA 91201
David P. Singelyn director, 10 percent owner, officer: Chief Executive Officer C/O AMERICAN HOMES 4 RENT, 280 PILOT ROAD,, LAS VEGAS NV 89119
Michelle C. Kerrick director C/O AMERICAN HOMES 4 RENT (LEGAL DEPT), 280 PILOT ROAD, LAS VEGAS NV 89119
Matthew R Zaist director C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660

American Homes 4 Rent (American Homes 4 Rent) Headlines