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Broadstone Net Lease (STU:62XA) Debt-to-EBITDA : 3.89 (As of Mar. 2024)


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What is Broadstone Net Lease Debt-to-EBITDA?

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

Broadstone Net Lease's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €67.9 Mil. Broadstone Net Lease's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,721.5 Mil. Broadstone Net Lease's annualized EBITDA for the quarter that ended in Mar. 2024 was €459.8 Mil. Broadstone Net Lease's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.89.

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 Broadstone Net Lease's Debt-to-EBITDA or its related term are showing as below:

STU:62XA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.6   Med: 6.45   Max: 7.47
Current: 4.6

During the past 9 years, the highest Debt-to-EBITDA Ratio of Broadstone Net Lease was 7.47. The lowest was 4.60. And the median was 6.45.

STU:62XA's Debt-to-EBITDA is ranked better than
75.19% of 516 companies
in the REITs industry
Industry Median: 7.305 vs STU:62XA: 4.60

Broadstone Net Lease Debt-to-EBITDA Historical Data

The historical data trend for Broadstone Net Lease'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.

Broadstone Net Lease Debt-to-EBITDA Chart

Broadstone Net Lease Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 7.37 5.79 5.50 6.10 4.74

Broadstone Net Lease Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.76 4.08 4.41 7.37 3.89

Competitive Comparison of Broadstone Net Lease's Debt-to-EBITDA

For the REIT - Diversified subindustry, Broadstone Net Lease'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.


Broadstone Net Lease's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's Debt-to-EBITDA falls into.



Broadstone Net Lease Debt-to-EBITDA Calculation

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

Broadstone Net Lease'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
=(0 + 1752.165) / 369.325
=4.74

Broadstone Net Lease's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(67.914 + 1721.53) / 459.76
=3.89

* 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 (Mar. 2024) EBITDA data.


Broadstone Net Lease  (STU:62XA) 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.


Broadstone Net Lease Debt-to-EBITDA Related Terms

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


Broadstone Net Lease (STU:62XA) Business Description

Traded in Other Exchanges
Address
800 Clinton Square, Rochester, NY, USA, 14604
Broadstone Net Lease Inc is an internally-managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.

Broadstone Net Lease (STU:62XA) Headlines

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