CatchMark Timber Trust (CatchMark Timber Trust) Debt-to-EBITDA : 51.94 (As of Jun. 2022)

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What is CatchMark Timber Trust Debt-to-EBITDA?

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

CatchMark Timber Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. CatchMark Timber Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $301.03 Mil. CatchMark Timber Trust's annualized EBITDA for the quarter that ended in Jun. 2022 was $5.80 Mil. CatchMark Timber Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was 51.94.

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 CatchMark Timber Trust's Debt-to-EBITDA or its related term are showing as below:

CTT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.59 Med: 10.18 Max: 308.64
Current: 3.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of CatchMark Timber Trust was 308.64. The lowest was -9.59. And the median was 10.18.

CTT's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.21 vs CTT: 3.54

CatchMark Timber Trust Debt-to-EBITDA Historical Data

The historical data trend for CatchMark Timber 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.

* Premium members only.

CatchMark Timber Trust Debt-to-EBITDA Chart

CatchMark Timber Trust Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-EBITDA

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12.28

-5.93

-9.59

16.01

3.15

CatchMark Timber Trust Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Debt-to-EBITDA	Get a 7-Day Free Trial															9.19	2.74	1.77	7.63	51.94

Competitive Comparison of CatchMark Timber Trust's Debt-to-EBITDA

For the REIT - Specialty subindustry, CatchMark Timber 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.

CatchMark Timber Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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

CatchMark Timber Trust Debt-to-EBITDA Calculation

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

CatchMark Timber Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	300.954)	/	95.639
	=	3.15

CatchMark Timber Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	301.034)	/	5.796
	=	51.94

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. 2022) EBITDA data.

CatchMark Timber Trust (NYSE:CTT) 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.

CatchMark Timber Trust Debt-to-EBITDA Related Terms

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

CatchMark Timber Trust (CatchMark Timber Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CatchMark Timber Trust Inc (NYSE:CTT) » Definitions » Debt-to-EBITDA

Comparable Companies

NLCP AFCG PW FPI CXW AMT CCI EQIX SBAC WY IRM GLPI LAMR RYN ASX:ARF PCH EPR ASX:WPR HASI OUT

Traded in Other Exchanges

N/A

Address

5 Concourse Parkway, Suite 2650, Atlanta, GA, USA, 30328

Website

https://www.catchmark.com

CatchMark Timber Trust Inc is a United States-based real estate investment trust. The company acquires, owns, operates, manages, and disposes of timberland properties. The company's operating segments are Harvest, Real Estate, and Investment Management. The majority of its revenue comes from the Harvest segment, which includes wholly-owned timber assets and associated timber sales.

Executives

Brian M Davis	officer: Senior VP and CFO	5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Ursula Godoy-arbelaez	officer: CFO, SVP and Treasurer	5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
James M Decosmo	director	5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Tim E Bentsen	director	5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Donald S Moss	director	9165 ETCHING OVERLOOK, DULUTH GA 30097
Henry G Zigtema	director	2620 FLINT CREEK DRIVE CUMMING GA 30041
Jerry Barag	officer: President & CEO	427 LANGLEY OAK DRIVE MARIETTA GA 30067
Todd Reitz	officer: SVP, Forest Resources	4870 HANSARD DR CUMMING GA 30040
Paul S Fisher	director
Lesley H Solomon	officer: General Counsel	1666 DUNCAN DRIVE ATLANTA GA 30318
Mary E Mcbride	director	6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Douglas Rubenstein	director	C/O CATCHMARK TIMBER TRUST INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
John F Rasor	officer: COO and Secretary
Willis J Potts	director	C/O CATCHMARK TIMBER TRUST, INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Alan D Gold	director	17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128