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BFSPE.PFD (Saul Centers) Debt-to-EBITDA : 8.61 (As of Sep. 2024)


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What is Saul Centers Debt-to-EBITDA?

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

Saul Centers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $187.30 Mil. Saul Centers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,305.59 Mil. Saul Centers's annualized EBITDA for the quarter that ended in Sep. 2024 was $173.37 Mil. Saul Centers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 8.61.

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 Saul Centers's Debt-to-EBITDA or its related term are showing as below:

BFSpE.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.96   Med: 6.96   Max: 8.75
Current: 8.75

During the past 13 years, the highest Debt-to-EBITDA Ratio of Saul Centers was 8.75. The lowest was 5.96. And the median was 6.96.

BFSpE.PFD's Debt-to-EBITDA is ranked worse than
60.84% of 572 companies
in the REITs industry
Industry Median: 7.36 vs BFSpE.PFD: 8.75

Saul Centers Debt-to-EBITDA Historical Data

The historical data trend for Saul Centers'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.

Saul Centers Debt-to-EBITDA Chart

Saul Centers 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 7.22 7.85 7.35 7.82 8.42

Saul Centers Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.25 8.30 8.34 8.35 8.61

Competitive Comparison of Saul Centers's Debt-to-EBITDA

For the REIT - Retail subindustry, Saul Centers'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.


Saul Centers's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Saul Centers's Debt-to-EBITDA falls into.



Saul Centers Debt-to-EBITDA Calculation

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

Saul Centers'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
=(274.715 + 1112.286) / 164.654
=8.42

Saul Centers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(187.296 + 1305.586) / 173.372
=8.61

* 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 (Sep. 2024) EBITDA data.


Saul Centers  (NYSE:BFSpE.PFD) 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.


Saul Centers Debt-to-EBITDA Related Terms

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


Saul Centers Business Description

Traded in Other Exchanges
Address
7501 Wisconsin Avenue, Suite 1500 East, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates, and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: shopping centers, which contribute the maximum portion of total revenue; and mixed-use properties. Maximum tenants include grocery stores, discount department stores, and drug stores.

Saul Centers Headlines

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