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Mori Trust Reit (Mori Trust Reit) Debt-to-EBITDA : 17.21 (As of Sep. 2022)


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What is Mori Trust Reit Debt-to-EBITDA?

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

Mori Trust Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $195.42 Mil. Mori Trust Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $893.33 Mil. Mori Trust Reit's annualized EBITDA for the quarter that ended in Sep. 2022 was $63.27 Mil. Mori Trust Reit's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was 17.21.

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 Mori Trust Reit's Debt-to-EBITDA or its related term are showing as below:

MRGIF's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 7.18
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mori Trust Reit Debt-to-EBITDA Historical Data

The historical data trend for Mori Trust Reit'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.

Mori Trust Reit Debt-to-EBITDA Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.87 11.76 11.55 11.69 14.59

Mori Trust Reit Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Feb24
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 11.91 11.62 12.50 17.21 -

Competitive Comparison of Mori Trust Reit's Debt-to-EBITDA

For the REIT - Office subindustry, Mori Trust Reit'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.


Mori Trust Reit's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Mori Trust Reit's Debt-to-EBITDA falls into.



Mori Trust Reit Debt-to-EBITDA Calculation

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

Mori Trust Reit's Debt-to-EBITDA for the fiscal year that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(195.416 + 893.329) / 74.617
=14.59

Mori Trust Reit's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(195.416 + 893.329) / 63.268
=17.21

* 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 (Sep. 2022) EBITDA data.


Mori Trust Reit  (OTCPK:MRGIF) 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.


Mori Trust Reit Debt-to-EBITDA Related Terms

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


Mori Trust Reit (Mori Trust Reit) Business Description

Traded in Other Exchanges
Address
3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.

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