Debt-to-EBITDA measures a company's ability to pay off its debt.
Clipper Realty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.0 Mil. Clipper Realty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1,178.0 Mil. Clipper Realty's annualized EBITDA for the quarter that ended in Mar. 2023 was $39.5 Mil.
Clipper Realty's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 29.84.
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 Clipper Realty's Debt-to-EBITDA or its related term are showing as below:
CLPR'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 17.39 Med: 20.91 Max: 37.56
Current: 22.97
During the past 9 years, the highest Debt-to-EBITDA Ratio of Clipper Realty was 37.56. The lowest was 17.39. And the median was 20.91.
CLPR's Debt-to-EBITDA is ranked worse than 90.43% of 606
companies
in the REITs industry
Industry Median: 6.77
vs CLPR: 22.97
Clipper Realty Debt-to-EBITDA Historical Data
The historical data trend for Clipper Realty'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.
Clipper Realty Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Debt-to-EBITDA
21.86
19.68
20.91
24.05
21.27
Clipper Realty Quarterly Data
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Debt-to-EBITDA
21.55
20.90
20.54
21.45
29.84
Competitive Comparison
For the REIT - Residential subindustry, Clipper Realty'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.
Clipper Realty Debt-to-EBITDA Distribution
For the REITs industry and Real Estate sector, Clipper Realty's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Clipper Realty's Debt-to-EBITDA falls in comparison to its industry or sector. The grey bar indicates the Debt-to-EBITDA's extreme value range as defined by GuruFocus.
Clipper Realty Debt-to-EBITDA Calculation
Debt-to-EBITDA measures a company's ability to pay off its debt.
Clipper Realty's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as
* 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 four times the quarterly (Mar. 2023) EBITDA data.
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.
Clipper Realty Debt-to-EBITDA Related Terms
Thank you for viewing the detailed overview of Clipper Realty's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into commercial and residential rental properties. Clipper derives its revenue mostly from a Residential segment.
Create New Portfolio
Portfolio Contest
Personalize
Premium Gurus 
0(0%) Volume: 18,940 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
CLPR has been successfully added to your 
