FPF (First Trust Inter Dur Pref&ome Fund) Debt-to-EBITDA : (As of Apr. 2026)

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FPF First Trust Inter Dur Pref& Income Fund FPF
50 GF Score
Price $16.66
GF Value $24.00
Valuation Possible Value Trap
! 5 Warning Signs
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What is First Trust Inter Dur Pref&ome Fund Debt-to-EBITDA?

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

First Trust Inter Dur Pref&ome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $100.0 Mil. First Trust Inter Dur Pref&ome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $552.9 Mil. First Trust Inter Dur Pref&ome Fund's annualized EBITDA for the quarter that ended in Apr. 2026 was $61.8 Mil. First Trust Inter Dur Pref&ome Fund's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 10.57.

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 First Trust Inter Dur Pref&ome Fund's Debt-to-EBITDA or its related term are showing as below:

FPF's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.33
* Ranked among companies with meaningful Debt-to-EBITDA only.

First Trust Inter Dur Pref&ome Fund  (NYSE:FPF) 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.


First Trust Inter Dur Pref&ome Fund Debt-to-EBITDA Related Terms


First Trust Inter Dur Pref&ome Fund Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for First Trust Inter Dur Pref&ome Fund'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.

First Trust Inter Dur Pref&ome Fund Debt-to-EBITDA Chart

First Trust Inter Dur Pref&ome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-EBITDA
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First Trust Inter Dur Pref&ome Fund Semi-Annual Data
Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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FPF vs ETW, CRF, EMO: Debt-to-EBITDA Comparison

For the Asset Management subindustry, First Trust Inter Dur Pref&ome Fund'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.


First Trust Inter Dur Pref&ome Fund Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Inter Dur Pref&ome Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where First Trust Inter Dur Pref&ome Fund's Debt-to-EBITDA falls into.


FPF
50GF Score
First Trust Inter Dur Pref& Income Fund FPF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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First Trust Inter Dur Pref&ome Fund Debt-to-EBITDA Calculation

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

First Trust Inter Dur Pref&ome Fund's Debt-to-EBITDA for the fiscal year that ended in Oct. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(100.003835 + 553.475) / 152.675168
=4.28

First Trust Inter Dur Pref&ome Fund's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(100 + 552.942) / 61.752988
=10.57

* 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 two times the quarterly (Apr. 2026) EBITDA data.

Is First Trust Inter Dur Pref&ome Fund (FPF) Overvalued in 2026?

Based on GuruFocus' analysis, First Trust Inter Dur Pref&ome Fund stock appears to be undervalued. The current stock price of $16.66 is trading 30.6% below its estimated GF Value™ of $24.00. GuruFocus considers First Trust Inter Dur Pref&ome Fund to be Possible Value Trap.

Key valuation signals for FPF:

  • Debt-to-EBITDA:
  • GF Value™: $24.00 vs. price of $16.66 (30.6% below fair value)
  • GF Score™: 50/100 with 5 warning signs

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


First Trust Inter Dur Pref&ome Fund Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Inter Dur Pref& Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek a high level of current income. Further, it has a secondary objective of capital appreciation. The Fund invests in the traditional preferred securities, hybrid preferred securities, floating rate & fixed-to-floating rate preferred securities, debt securities, convertible securities, and contingent convertible securities issued by U.S. and non-U.S. companies. Its investment portfolio includes industries such as Banks, Insurance, Capital Markets, Electric Utilities, Oil, Gas & Consumable Fuels, Food Products, and others.
50GF Score

Get the complete analysis for FPF

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

$16.66
Price
$24.00
GF Value