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Essex Property Trust (FRA:EXP) Debt-to-Revenue : 3.88 (As of Mar. 2024)


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What is Essex Property Trust Debt-to-Revenue?

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

Essex Property Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Essex Property Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €6,088 Mil. Essex Property Trust's annualized Revenue for the quarter that ended in Mar. 2024 was €1,571 Mil. Essex Property Trust's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 3.87.


Essex Property Trust Debt-to-Revenue Historical Data

The historical data trend for Essex Property Trust's Debt-to-Revenue 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.

Essex Property Trust Debt-to-Revenue Chart

Essex Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 4.23 4.41 3.75 3.76

Essex Property Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 3.62 3.61 3.74 3.72 3.88

Competitive Comparison of Essex Property Trust's Debt-to-Revenue

For the REIT - Residential subindustry, Essex Property Trust's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Essex Property Trust's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Essex Property Trust's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's Debt-to-Revenue falls into.



Essex Property Trust Debt-to-Revenue Calculation

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

Essex Property Trust's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 5750.347) / 1530.835
=3.76

Essex Property Trust's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 6087.722) / 1571.096
=3.87

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Essex Property Trust Debt-to-Revenue Related Terms

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Essex Property Trust (FRA:EXP) Business Description

Traded in Other Exchanges
Address
1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 252 apartment communities with over 62,000 units and is developing another property with 264 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.