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alstria office REIT-AG (alstria office REIT-AG) Debt-to-EBITDA : -0.90 (As of Dec. 2023)


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What is alstria office REIT-AG Debt-to-EBITDA?

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

alstria office REIT-AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $286.2 Mil. alstria office REIT-AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,379.9 Mil. alstria office REIT-AG's annualized EBITDA for the quarter that ended in Dec. 2023 was $-2,979.2 Mil. alstria office REIT-AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.89.

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

ALSRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -59.57   Med: 3.6   Max: 12.21
Current: -4.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of alstria office REIT-AG was 12.21. The lowest was -59.57. And the median was 3.60.

ALSRF's Debt-to-EBITDA is ranked worse than
100% of 509 companies
in the REITs industry
Industry Median: 7.27 vs ALSRF: -4.24

alstria office REIT-AG Debt-to-EBITDA Historical Data

The historical data trend for alstria office REIT-AG'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.

alstria office REIT-AG Debt-to-EBITDA Chart

alstria office REIT-AG 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 2.82 8.44 7.23 -59.57 -4.24

alstria office REIT-AG 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 -4.13 17.98 17.65 14.98 -0.90

Competitive Comparison of alstria office REIT-AG's Debt-to-EBITDA

For the REIT - Office subindustry, alstria office REIT-AG'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.


alstria office REIT-AG's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where alstria office REIT-AG's Debt-to-EBITDA falls into.



alstria office REIT-AG Debt-to-EBITDA Calculation

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

alstria office REIT-AG'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
=(286.213 + 2379.904) / -628.816
=-4.24

alstria office REIT-AG'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
=(286.213 + 2379.904) / -2979.236
=-0.89

* 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.


alstria office REIT-AG  (OTCPK:ALSRF) 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.


alstria office REIT-AG Debt-to-EBITDA Related Terms

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


alstria office REIT-AG (alstria office REIT-AG) Business Description

Traded in Other Exchanges
Address
Steinstrasse 7, Hamburg, DEU, 20095
alstria office REIT-AG is a real estate investment trust engaged in the acquisition, management, refurbishment, and sale of office properties throughout Germany. The vast majority of the company's real estate portfolio is dispersed between the German regions of Rhine-Ruhr, Hamburg, Rhine-Main, and Stuttgart. The company derives nearly all of its revenue in the form of rental income from the leasing of its properties. alstria's largest tenants in terms of annual rental revenue include a variety of local government, automotive, telecommunications, and insurance entities. it focuses on a small number of large tenants that account for the majority of its rental income.

alstria office REIT-AG (alstria office REIT-AG) Headlines

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