BTBIF (BTB Real Estate Investment Trust) Debt-to-EBITDA : 10.48 (As of Jun. 2026) — Near Median

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BTBIF BTB Real Estate Investment Trust BTBIF
64 GF Score
Price $2.83
GF Value $2.33
Valuation Modestly Overvalued
! 10 Warning Signs
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What is BTB Real Estate Investment Trust Debt-to-EBITDA?

BTB Real Estate Investment Trust BTBIF 64 Debt-to-EBITDA is 10.48 as of Jun. 2026, which is 4% above its 10-year median of 10.12. GuruFocus rates BTBIF with a GF Score™ of 64/100 and a GF Value™ of $2.33 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 572 REITs companies, BTB Real Estate Investment Trust ranks worse than 84.09% on this metric.

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

BTB Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $101.86 Mil. BTB Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $433.18 Mil. BTB Real Estate Investment Trust's annualized EBITDA for the quarter that ended in Jun. 2026 was $51.07 Mil. BTB Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 10.48.

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 BTB Real Estate Investment Trust's Debt-to-EBITDA or its related term are showing as below:

BTBIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.25   Med: 10.12   Max: 19.79
Current: 12.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of BTB Real Estate Investment Trust was 19.79. The lowest was 7.25. And the median was 10.12.

BTBIF's Debt-to-EBITDA is ranked worse than
84.09% of 572 companies
in the REITs industry
Industry Median: 6.53 vs BTBIF: 12.06

BTB Real Estate Investment Trust  (OTCPK:BTBIF) 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.


BTB Real Estate Investment Trust Debt-to-EBITDA Related Terms


BTB Real Estate Investment Trust Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BTB Real Estate Investment Trust'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.

BTB Real Estate Investment Trust Debt-to-EBITDA Chart

BTB Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.39 10.08 10.16 9.69 12.11

BTB Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.95 9.73 21.86 10.62 10.48

BTBIF vs BXP, ARE, VNO: Debt-to-EBITDA Comparison

For the REIT - Office subindustry, BTB Real Estate Investment Trust'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.


BTB Real Estate Investment Trust Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where BTB Real Estate Investment Trust's Debt-to-EBITDA falls into.


BTBIF
64GF Score
BTB Real Estate Investment Trust BTBIF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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BTB Real Estate Investment Trust Debt-to-EBITDA Calculation

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

BTB Real Estate Investment Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(155.797 + 366.259) / 43.097
=12.11

BTB Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(101.864 + 433.175) / 51.068
=10.48

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.48 mean?
BTB Real Estate Investment Trust (BTBIF) has a Debt-to-EBITDA of 10.48 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BTB Real Estate Investment Trust. This is near median its historical median of 10.12. Over the past decade, BTB Real Estate Investment Trust's Debt-to-EBITDA has ranged from 7.25 to 19.79. According to the industry distribution chart, BTB Real Estate Investment Trust ranks #481 out of 572 companies in the REITs industry, placing it in the top 84.1%.
Is BTB Real Estate Investment Trust's Debt-to-EBITDA too high?
BTB Real Estate Investment Trust's current Debt-to-EBITDA of 10.48 is near median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 7.25 to a high of 19.79. The REITs industry median Debt-to-EBITDA is 6.53. BTB Real Estate Investment Trust's value of 10.48 is 60.5% above this industry median. Based on the distribution chart, BTB Real Estate Investment Trust ranks #481 out of 572 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, BTB Real Estate Investment Trust has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTB Real Estate Investment Trust's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, BTB Real Estate Investment Trust ranks #481 out of 572 companies for Debt-to-EBITDA. This places BTB Real Estate Investment Trust in the lower half of its industry. The industry median Debt-to-EBITDA is 6.53. BTB Real Estate Investment Trust's value of 10.48 is 60.5% above this benchmark. Historically, BTB Real Estate Investment Trust's own Debt-to-EBITDA has ranged from 7.25 to 19.79 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 6.53, BTB Real Estate Investment Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.53, based on 572 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BTB Real Estate Investment Trust's current Debt-to-EBITDA of 10.48 is 60.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BTB Real Estate Investment Trust. For the REITs industry, the median Debt-to-EBITDA is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTB Real Estate Investment Trust's current Debt-to-EBITDA is 10.48, which is near median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, BTB Real Estate Investment Trust (BTBIF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.33, compared to a current price of $2.83 — trading 21.2% above its estimated fair value. The current Debt-to-EBITDA is 10.48, which is near median its 10-year median of 10.12 and 60.5% above the REITs industry median of 6.53. BTB Real Estate Investment Trust's overall GF Score™ is 64/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For BTB Real Estate Investment Trust (BTBIF), the current Debt-to-EBITDA is 10.48 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BTB Real Estate Investment Trust (BTBIF) Overvalued in 2026?

Based on GuruFocus' analysis, BTB Real Estate Investment Trust stock appears to be overvalued. The current stock price of $2.83 is trading 21.2% above its estimated GF Value™ of $2.33. GuruFocus considers BTB Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for BTBIF:

  • Debt-to-EBITDA: 10.48 (near median its 10-year median of 10.12)
  • GF Value™: $2.33 vs. price of $2.83 (21.2% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 60.5% above the REITs median (#481 of 572)

No single metric tells the full story. See the BTBIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BTB Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges BTB.UN:Canada
Address No. 1411, Crescent Street, Suite 300, Montreal, QC, CAN, H3G 2B3
BTB Real Estate Investment Trust is a real estate investment trust engaged in owning and managing properties across Canada. Its objective is to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders by acquiring properties with high occupancy rates and good tenant quality. The company has three operating segments; Industrial, Suburban office, and Necessity-based retail. Suburban office segment generates the majority of the revenue in the form of rental income.
64GF Score

Get the complete analysis for BTBIF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.83
Price
$2.33
GF Value