GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gladstone Land Corp (STU:3L4) » Definitions » Debt-to-Revenue

Gladstone Land (STU:3L4) Debt-to-Revenue : 5.88 (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Gladstone Land Debt-to-Revenue?

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

Gladstone Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.18 Mil. Gladstone Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €477.96 Mil. Gladstone Land's annualized Revenue for the quarter that ended in Sep. 2024 was €81.34 Mil. Gladstone Land's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 5.88.


Gladstone Land Debt-to-Revenue Historical Data

The historical data trend for Gladstone Land'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.

Gladstone Land Debt-to-Revenue Chart

Gladstone Land 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 11.84 10.94 8.87 7.02 6.35

Gladstone Land Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.21 5.87 6.82 6.45 5.88

Competitive Comparison of Gladstone Land's Debt-to-Revenue

For the REIT - Specialty subindustry, Gladstone Land'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.


Gladstone Land's Debt-to-Revenue Distribution in the REITs Industry

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

* The bar in red indicates where Gladstone Land's Debt-to-Revenue falls into.



Gladstone Land Debt-to-Revenue Calculation

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

Gladstone Land'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
=(0.183 + 526.276) / 82.895
=6.35

Gladstone Land's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.18 + 477.961) / 81.344
=5.88

* 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-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 (Sep. 2024) Revenue data.


Gladstone Land Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Gladstone Land's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Gladstone Land Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).

Gladstone Land Headlines

No Headlines