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Medalist Diversified REIT (Medalist Diversified REIT) Debt-to-EBITDA : 8.56 (As of Dec. 2023)


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What is Medalist Diversified REIT Debt-to-EBITDA?

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

Medalist Diversified REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.00 Mil. Medalist Diversified REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $50.77 Mil. Medalist Diversified REIT's annualized EBITDA for the quarter that ended in Dec. 2023 was $6.05 Mil. Medalist Diversified REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.56.

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 Medalist Diversified REIT's Debt-to-EBITDA or its related term are showing as below:

MDRRP.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.03   Med: 17.38   Max: 49.16
Current: 14.62

During the past 8 years, the highest Debt-to-EBITDA Ratio of Medalist Diversified REIT was 49.16. The lowest was -31.03. And the median was 17.38.

MDRRP.PFD's Debt-to-EBITDA is ranked worse than
81.8% of 511 companies
in the REITs industry
Industry Median: 7.21 vs MDRRP.PFD: 14.62

Medalist Diversified REIT Debt-to-EBITDA Historical Data

The historical data trend for Medalist Diversified REIT'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.

Medalist Diversified REIT Debt-to-EBITDA Chart

Medalist Diversified REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 41.29 -31.03 11.64 17.38 14.62

Medalist Diversified REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.63 19.40 13.33 149.56 8.56

Competitive Comparison of Medalist Diversified REIT's Debt-to-EBITDA

For the REIT - Diversified subindustry, Medalist Diversified REIT'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.


Medalist Diversified REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Medalist Diversified REIT Debt-to-EBITDA Calculation

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

Medalist Diversified REIT's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1 + 50.773) / 3.542
=14.62

Medalist Diversified REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1 + 50.773) / 6.048
=8.56

* 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 (Dec. 2023) EBITDA data.


Medalist Diversified REIT  (NAS:MDRRP.PFD) 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.


Medalist Diversified REIT Debt-to-EBITDA Related Terms

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


Medalist Diversified REIT (Medalist Diversified REIT) Business Description

Traded in Other Exchanges
Address
1051 E. Cary Street, Suite 601, James Center Three, Richmond, VA, USA, 23219
Medalist Diversified REIT Inc is engaged in the acquisition, reposition, renovation, leasing and managing of income-producing properties with a focus on commercial properties, including flex-industrial and retail properties, multi-family residential properties and hotel properties. The company operates as a UPREIT and owns properties through its subsidiary, Medalist Diversified Holdings, LP. Its principal objectives include sourcing value-add Investments in markets in which it maintains deep industry relationships and local market knowledge and the creation of value for stockholders by utilizing its relationships and local knowledge of commercial real estate investment, management and disposition.