CSR (Centerspace) Debt-to-EBITDA : 11.36 (As of Mar. 2026) — 59% Above Median


CSR Centerspace CSR
68 GF Score
Price $57.24
GF Value $59.32
Valuation Fairly Valued
! 6 Warning Signs
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What is Centerspace Debt-to-EBITDA?

Centerspace CSR +1.65% 68 Debt-to-EBITDA is 11.36 as of Mar. 2026, which is 59% above its 10-year median of 7.13. GuruFocus rates CSR with a GF Score™ of 68/100 and a GF Value™ of $59.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 583 REITs companies, Centerspace ranks better than 55.06% on this metric.

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

Centerspace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $150.4 Mil. Centerspace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $865.2 Mil. Centerspace's annualized EBITDA for the quarter that ended in Mar. 2026 was $89.4 Mil. Centerspace's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 11.36.

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

CSR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.4   Med: 7.13   Max: 14.87
Current: 5.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Centerspace was 14.87. The lowest was 3.40. And the median was 7.13.

CSR's Debt-to-EBITDA is ranked better than
55.06% of 583 companies
in the REITs industry
Industry Median: 6.49 vs CSR: 5.93

Centerspace  (NYSE:CSR) 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.


Centerspace Debt-to-EBITDA Related Terms


Centerspace Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Centerspace'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.

Centerspace Debt-to-EBITDA Chart

Centerspace Annual Data
Trend Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.96 8.31 4.85 7.31 5.60

Centerspace Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.15 12.99 2.65 12.87 11.36

CSR vs NXRT, UMH, AIV: Debt-to-EBITDA Comparison

For the REIT - Residential subindustry, Centerspace'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.


Centerspace Debt-to-EBITDA vs REITs Industry

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

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


CSR
68GF Score
Centerspace CSR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centerspace Debt-to-EBITDA Calculation

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

Centerspace'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
=(154.925 + 866.239) / 182.492
=5.60

Centerspace's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(150.429 + 865.205) / 89.4
=11.36

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 11.36 mean?
Centerspace (CSR) has a Debt-to-EBITDA of 11.36 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Centerspace. This is 59% above median its historical median of 7.13. Over the past decade, Centerspace's Debt-to-EBITDA has ranged from 3.40 to 14.87. According to the industry distribution chart, Centerspace ranks #262 out of 583 companies in the REITs industry, placing it in the top 44.9%.
Is Centerspace's Debt-to-EBITDA too high?
Centerspace's current Debt-to-EBITDA of 11.36 is 59% above median its 10-year median of 7.13. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 14.87. The REITs industry median Debt-to-EBITDA is 6.49. Centerspace's value of 11.36 is 75% above this industry median. Based on the distribution chart, Centerspace ranks #262 out of 583 companies in the REITs industry, which is above the industry midpoint. Overall, Centerspace has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Centerspace's Debt-to-EBITDA compare to NXRT and UMH?
According to the REITs industry distribution chart, Centerspace ranks #262 out of 583 companies for Debt-to-EBITDA. This puts Centerspace in the upper half of its industry. The industry median Debt-to-EBITDA is 6.49. Centerspace's value of 11.36 is 75% above this benchmark. Historically, Centerspace's own Debt-to-EBITDA has ranged from 3.40 to 14.87 over the past decade. While the company's 10-year median is 7.13 vs. the industry median of 6.49, Centerspace 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 6.49, based on 583 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. Centerspace's current Debt-to-EBITDA of 11.36 is 75% 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 Centerspace. For the REITs industry, the median Debt-to-EBITDA is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centerspace's current Debt-to-EBITDA is 11.36, which is 59% above median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerspace stock overvalued right now?
Based on GuruFocus' analysis, Centerspace (CSR) is currently considered Fairly Valued. The stock's GF Value™ is $59.32, compared to a current price of $57.24 — trading 3.5% below its estimated fair value. The current Debt-to-EBITDA is 11.36, which is 59% above median its 10-year median of 7.13 and 75% above the REITs industry median of 6.49. Centerspace's overall GF Score™ is 68/100 with 6 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 Centerspace (CSR), the current Debt-to-EBITDA is 11.36 as of Mar. 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 Centerspace (CSR) Overvalued in 2026?

Based on GuruFocus' analysis, Centerspace stock appears to be undervalued. The current stock price of $57.24 is trading 3.5% below its estimated GF Value™ of $59.32. GuruFocus considers Centerspace to be Fairly Valued.

Key valuation signals for CSR:

  • Debt-to-EBITDA: 11.36 (59% above median its 10-year median of 7.13)
  • GF Value™: $59.32 vs. price of $57.24 (3.5% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 75% above the REITs median (#262 of 583)

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


Centerspace Business Description

Industry Real EstateREITs
Other Exchanges WXC1:Germany
Address 1324 20th Avenue SW, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.
68GF Score

Get the complete analysis for CSR

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

$57.24
Price
$59.32
GF Value