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International Market Centers (International Market Centers) Debt-to-EBITDA : 8.41 (As of Dec. 2014)


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What is International Market Centers Debt-to-EBITDA?

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

International Market Centers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was $0.00 Mil. International Market Centers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was $533.68 Mil. International Market Centers's annualized EBITDA for the quarter that ended in Dec. 2014 was $63.45 Mil. International Market Centers's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2014 was 8.41.

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

IMC's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 7.23
* Ranked among companies with meaningful Debt-to-EBITDA only.

International Market Centers Debt-to-EBITDA Historical Data

The historical data trend for International Market 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.

International Market Centers Debt-to-EBITDA Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Debt-to-EBITDA
8.66 7.50 8.41

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Debt-to-EBITDA 8.66 7.50 8.41

Competitive Comparison of International Market Centers's Debt-to-EBITDA

For the REIT - Retail subindustry, International Market 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.


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

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

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



International Market Centers Debt-to-EBITDA Calculation

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

International Market Centers's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 533.68) / 63.447
=8.41

International Market Centers's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 533.68) / 63.447
=8.41

* 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 one times the quarterly (Dec. 2014) EBITDA data.


International Market Centers  (NYSE:IMC) 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.


International Market Centers Debt-to-EBITDA Related Terms

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


International Market Centers (International Market Centers) Business Description

Traded in Other Exchanges
N/A
Address
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.

International Market Centers (International Market Centers) Headlines

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