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CRE Logistics REIT (TSE:3487) Debt-to-EBITDA : 11.62 (As of Jun. 2024)


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What is CRE Logistics REIT Debt-to-EBITDA?

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

CRE Logistics REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円9,055 Mil. CRE Logistics REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円61,764 Mil. CRE Logistics REIT's annualized EBITDA for the quarter that ended in Jun. 2024 was 円6,094 Mil. CRE Logistics REIT's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 11.62.

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

TSE:3487' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.63   Med: 12.86   Max: 16.26
Current: 11.44

During the past 7 years, the highest Debt-to-EBITDA Ratio of CRE Logistics REIT was 16.26. The lowest was 8.63. And the median was 12.86.

TSE:3487's Debt-to-EBITDA is ranked worse than
73.78% of 572 companies
in the REITs industry
Industry Median: 7.36 vs TSE:3487: 11.44

CRE Logistics REIT Debt-to-EBITDA Historical Data

The historical data trend for CRE Logistics 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.

CRE Logistics REIT Debt-to-EBITDA Chart

CRE Logistics REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 13.23 13.22 12.86 8.63 11.77

CRE Logistics REIT Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 11.68 6.93 12.52 11.31 11.62

Competitive Comparison of CRE Logistics REIT's Debt-to-EBITDA

For the REIT - Diversified subindustry, CRE Logistics 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.


CRE Logistics REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

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



CRE Logistics REIT Debt-to-EBITDA Calculation

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

CRE Logistics 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
=(6995 + 64034) / 6036.207
=11.77

CRE Logistics REIT's annualized Debt-to-EBITDA for the quarter 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
=(9055 + 61764) / 6094.276
=11.62

* 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 (Jun. 2024) EBITDA data.


CRE Logistics REIT  (TSE:3487) 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.


CRE Logistics REIT Debt-to-EBITDA Related Terms

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


CRE Logistics REIT Business Description

Traded in Other Exchanges
N/A
Address
2-10-1, East Tower 19th Floor, Toranomon Twin Building, Toranomon, Minato-ku, Tokyo, JPN, 105-1001
CRE Logistics REIT Inc is a Japanese Real estate investment trust. The company focuses on logistics properties to deliver comprehensive services that span the development of logistics properties to leasing, and property management. It portfolio consist of Logisquare Kuki, Logisquare Tosu, and Logisquare Hanyu.

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