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Sekisui House Reit (TSE:3309) Debt-to-EBITDA : 11.88 (As of Oct. 2023)


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What is Sekisui House Reit Debt-to-EBITDA?

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

Sekisui House Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円44,545 Mil. Sekisui House Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円212,697 Mil. Sekisui House Reit's annualized EBITDA for the quarter that ended in Oct. 2023 was 円21,662 Mil. Sekisui House Reit's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 11.88.

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 Sekisui House Reit's Debt-to-EBITDA or its related term are showing as below:

TSE:3309' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 11.37   Med: 12.65   Max: 15.91
Current: 13.34

During the past 9 years, the highest Debt-to-EBITDA Ratio of Sekisui House Reit was 15.91. The lowest was 11.37. And the median was 12.65.

TSE:3309's Debt-to-EBITDA is ranked worse than
81% of 521 companies
in the REITs industry
Industry Median: 7.3 vs TSE:3309: 13.34

Sekisui House Reit Debt-to-EBITDA Historical Data

The historical data trend for Sekisui House 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.

Sekisui House Reit Debt-to-EBITDA Chart

Sekisui House Reit Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 12.69 12.32 11.37 12.65 12.36

Sekisui House Reit Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 13.28 12.30 12.93 11.88 -

Competitive Comparison of Sekisui House Reit's Debt-to-EBITDA

For the REIT - Diversified subindustry, Sekisui House 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.


Sekisui House Reit's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sekisui House Reit's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sekisui House Reit's Debt-to-EBITDA falls into.



Sekisui House Reit Debt-to-EBITDA Calculation

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

Sekisui House Reit's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44545 + 212697) / 20818.269
=12.36

Sekisui House Reit's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44545 + 212697) / 21662.1
=11.88

* 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 (Oct. 2023) EBITDA data.


Sekisui House Reit  (TSE:3309) 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.


Sekisui House Reit Debt-to-EBITDA Related Terms

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


Sekisui House Reit (TSE:3309) Business Description

Traded in Other Exchanges
N/A
Address
4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.

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