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Japan Logistics Fund (TSE:8967) Debt-to-EBITDA : 8.45 (As of Jul. 2023)


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What is Japan Logistics Fund Debt-to-EBITDA?

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

Japan Logistics Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円15,500 Mil. Japan Logistics Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円104,200 Mil. Japan Logistics Fund's annualized EBITDA for the quarter that ended in Jul. 2023 was 円14,166 Mil. Japan Logistics Fund's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 was 8.45.

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

TSE:8967' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.67   Med: 8.3   Max: 9.15
Current: 8.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Japan Logistics Fund was 9.15. The lowest was 5.67. And the median was 8.30.

TSE:8967's Debt-to-EBITDA is ranked worse than
58.15% of 509 companies
in the REITs industry
Industry Median: 7.21 vs TSE:8967: 8.42

Japan Logistics Fund Debt-to-EBITDA Historical Data

The historical data trend for Japan Logistics 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.

* Premium members only.

Japan Logistics Fund Debt-to-EBITDA Chart

Japan Logistics Fund Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 6.04 9.15 8.86 8.38

Japan Logistics Fund Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 8.64 8.70 8.30 8.45 -

Competitive Comparison of Japan Logistics Fund's Debt-to-EBITDA

For the REIT - Industrial subindustry, Japan Logistics 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.


Japan Logistics Fund's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Japan Logistics Fund Debt-to-EBITDA Calculation

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

Japan Logistics Fund's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15500 + 104200) / 14292.22
=8.38

Japan Logistics Fund's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15500 + 104200) / 14165.552
=8.45

* 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 (Jul. 2023) EBITDA data.


Japan Logistics Fund  (TSE:8967) 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.


Japan Logistics Fund Debt-to-EBITDA Related Terms

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


Japan Logistics Fund (TSE:8967) Business Description

Traded in Other Exchanges
N/A
Address
4-3 Hitotsubashi 2-chome, Chiyoda-ku, Tokyo, JPN, 101-0003
Japan Logistics Fund Inc is a Japan-based real estate investment trust. The company gives importance to the Tenants, Location, Size, Building, Building age, Soil and Rights in making investment decisions. Its investments are located in Tokyo metropolitan area, Kinki area, Chubu area and Kyushu area. The firm generates the majority of its revenues from leasing of properties.

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