NRO (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Debt-to-EBITDA : (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NRO NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
46 GF Score
Price $2.73
GF Value $4.48
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Debt-to-EBITDA?

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

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.00 Mil. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $70.00 Mil. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized EBITDA for the quarter that ended in Apr. 2026 was $38.01 Mil. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 1.84.

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 NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Debt-to-EBITDA or its related term are showing as below:

NRO'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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND  (AMEX:NRO) 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Debt-to-EBITDA Related Terms

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NEUBERGER BERMAN REAL ESTATE SECURITIESOME 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Debt-to-EBITDA Chart

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - - - - -

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 - - - - -

NRO vs OPP, WHG, WIA: Debt-to-EBITDA Comparison

For the Asset Management subindustry, NEUBERGER BERMAN REAL ESTATE SECURITIESOME 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Debt-to-EBITDA falls into.


NRO
46GF Score
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Debt-to-EBITDA Calculation

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

NEUBERGER BERMAN REAL ESTATE SECURITIESOME 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
=(0 + 70) / -2.910499
=-24.05

NEUBERGER BERMAN REAL ESTATE SECURITIESOME 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
=(0 + 70) / 38.005484
=1.84

* 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 NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO) Overvalued in 2026?

Based on GuruFocus' analysis, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND stock appears to be undervalued. The current stock price of $2.73 is trading 39.1% below its estimated GF Value™ of $4.48. GuruFocus considers NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND to be Possible Value Trap.

Key valuation signals for NRO:

  • Debt-to-EBITDA:
  • GF Value™: $4.48 vs. price of $2.73 (39.1% below fair value)
  • GF Score™: 46/100 with 6 warning signs

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

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. Under normal market conditions, the Fund invests at least 90% of its total assets in income-producing common equity securities, preferred securities, convertible securities and non-convertible debt securities issued by real estate companies, including real estate investment trusts ("REITs").
46GF Score

Get the complete analysis for NRO

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

$2.73
Price
$4.48
GF Value