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American Healthcare REIT (American Healthcare REIT) Debt-to-EBITDA : 11.23 (As of Dec. 2023)


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What is American Healthcare REIT Debt-to-EBITDA?

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

American Healthcare REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,449 Mil. American Healthcare REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,344 Mil. American Healthcare REIT's annualized EBITDA for the quarter that ended in Dec. 2023 was $249 Mil. American Healthcare REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 11.23.

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 Healthcare REIT's Debt-to-EBITDA or its related term are showing as below:

AHR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.62   Med: 12.12   Max: 13.45
Current: 8.62

During the past 4 years, the highest Debt-to-EBITDA Ratio of American Healthcare REIT was 13.45. The lowest was 8.62. And the median was 12.12.

AHR's Debt-to-EBITDA is ranked worse than
60.16% of 507 companies
in the REITs industry
Industry Median: 7.21 vs AHR: 8.62

American Healthcare REIT Debt-to-EBITDA Historical Data

The historical data trend for American Healthcare 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.

American Healthcare REIT Debt-to-EBITDA Chart

American Healthcare REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 13.45 12.12 8.62

American Healthcare REIT Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.82 9.35 8.18 6.99 11.23

Competitive Comparison of American Healthcare REIT's Debt-to-EBITDA

For the REIT - Healthcare Facilities subindustry, American Healthcare 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.


American Healthcare REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where American Healthcare REIT's Debt-to-EBITDA falls into.



American Healthcare REIT Debt-to-EBITDA Calculation

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

American Healthcare REIT'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
=(1449.469 + 1344.152) / 324.263
=8.62

American Healthcare REIT'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
=(1449.469 + 1344.152) / 248.76
=11.23

* 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 Healthcare REIT  (NYSE:AHR) 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 Healthcare REIT Debt-to-EBITDA Related Terms

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


American Healthcare REIT (American Healthcare REIT) Business Description

Comparable Companies
Traded in Other Exchanges
Address
18191 Von Karman Avenue, Suite 300, Irvine, CA, USA, 92612
American Healthcare REIT Inc is a healthcare-focused real estate investment trust. It owns a diversified portfolio of clinical healthcare real estate properties, focusing primarily on medical office buildings, skilled nursing facilities, senior housing, hospitals, and other healthcare-related facilities.

American Healthcare REIT (American Healthcare REIT) Headlines

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