ESR Kendall Square REIT (XKRX:365550) Debt-to-EBITDA : 28.10 (As of Aug. 2023)

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What is ESR Kendall Square REIT Debt-to-EBITDA?

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

ESR Kendall Square REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was ₩254,758 Mil. ESR Kendall Square REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was ₩901,101 Mil. ESR Kendall Square REIT's annualized EBITDA for the quarter that ended in Aug. 2023 was ₩41,135 Mil. ESR Kendall Square REIT's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 28.10.

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 ESR Kendall Square REIT's Debt-to-EBITDA or its related term are showing as below:

XKRX:365550' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 17.99 Med: 20.33 Max: 27.1
Current: 27.1

During the past 4 years, the highest Debt-to-EBITDA Ratio of ESR Kendall Square REIT was 27.10. The lowest was 17.99. And the median was 20.33.

XKRX:365550's Debt-to-EBITDA is ranked worse than
92.9% of 521 companies
in the REITs industry
Industry Median: 7.3 vs XKRX:365550: 27.10

ESR Kendall Square REIT Debt-to-EBITDA Historical Data

The historical data trend for ESR Kendall Square 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.

ESR Kendall Square REIT Debt-to-EBITDA Chart

ESR Kendall Square REIT Annual Data

Trend

May20

May21

May22

May23

Debt-to-EBITDA

25.66

17.99

20.33

ESR Kendall Square REIT Semi-Annual Data
	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-EBITDA	Get a 7-Day Free Trial			28.89	27.88	26.79	24.07	28.10

Competitive Comparison of ESR Kendall Square REIT's Debt-to-EBITDA

For the REIT - Industrial subindustry, ESR Kendall Square 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.

ESR Kendall Square REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where ESR Kendall Square REIT's Debt-to-EBITDA falls into.

ESR Kendall Square REIT Debt-to-EBITDA Calculation

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

ESR Kendall Square REIT's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(254543.562	+	919986.095)	/	57776.72
	=	20.33

ESR Kendall Square REIT's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(254757.808	+	901100.566)	/	41135.296
	=	28.10

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 (Aug. 2023) EBITDA data.

ESR Kendall Square REIT (XKRX:365550) 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.

ESR Kendall Square REIT Debt-to-EBITDA Related Terms

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

ESR Kendall Square REIT (XKRX:365550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ESR Kendall Square REIT (XKRX:365550) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

35F Three IFC, 10 Gukjegeumyung-Ro, Yeongdeungpo-gu, Seoul, KOR

Website

http://www.esrks-reit.com

ESR Kendall Square REIT is a real estate investment trust focused on development and investment of logistics centers. Some of its Logistics parks include Bucheon Cold Logistics Park, Goyang Logistics Park, Yongin Logistics Park 1, Anseong Logistics Park and Gimhae Logistics Park.

ESR Kendall Square REIT (XKRX:365550) Headlines

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