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MKZR (Mackenzie Realty Capital) Debt-to-EBITDA : -103.37 (As of Dec. 2024)


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What is Mackenzie Realty Capital Debt-to-EBITDA?

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

Mackenzie Realty Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Mackenzie Realty Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $129.84 Mil. Mackenzie Realty Capital's annualized EBITDA for the quarter that ended in Dec. 2024 was $-1.26 Mil. Mackenzie Realty Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -103.37.

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 Mackenzie Realty Capital's Debt-to-EBITDA or its related term are showing as below:

MKZR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -79.75   Med: 10.94   Max: 57.69
Current: -79.75

During the past 6 years, the highest Debt-to-EBITDA Ratio of Mackenzie Realty Capital was 57.69. The lowest was -79.75. And the median was 10.94.

MKZR's Debt-to-EBITDA is ranked worse than
100% of 592 companies
in the REITs industry
Industry Median: 7.06 vs MKZR: -79.75

Mackenzie Realty Capital Debt-to-EBITDA Historical Data

The historical data trend for Mackenzie Realty Capital'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.

Mackenzie Realty Capital Debt-to-EBITDA Chart

Mackenzie Realty Capital Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial - N/A 6.21 10.94 57.69

Mackenzie Realty Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 16.52 49.18 21.75 -10.26 -103.37

Competitive Comparison of Mackenzie Realty Capital's Debt-to-EBITDA

For the REIT - Diversified subindustry, Mackenzie Realty Capital'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.


Mackenzie Realty Capital's Debt-to-EBITDA Distribution in the REITs Industry

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

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


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Mackenzie Realty Capital Debt-to-EBITDA Calculation

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

Mackenzie Realty Capital's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 118.496) / 2.054
=57.69

Mackenzie Realty Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 129.838) / -1.256
=-103.37

* 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. 2024) EBITDA data.


Mackenzie Realty Capital  (NAS:MKZR) 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.


Mackenzie Realty Capital Debt-to-EBITDA Related Terms

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


Mackenzie Realty Capital Business Description

Traded in Other Exchanges
N/A
Address
89 Davis Road, Suite 100, Orinda, CA, USA, 94563
Mackenzie Realty Capital Inc is a company which is a Real estate investment trust (REIT). The company has one reportable segment, income-producing real estate properties which consists of activities related to investing in real estate.