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Landmark Infrastructure Partners LP (Landmark Infrastructure Partners LP) Debt-to-EBITDA : 10.46 (As of Sep. 2021)


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What is Landmark Infrastructure Partners LP Debt-to-EBITDA?

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

Landmark Infrastructure Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $223.20 Mil. Landmark Infrastructure Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $284.48 Mil. Landmark Infrastructure Partners LP's annualized EBITDA for the quarter that ended in Sep. 2021 was $48.54 Mil. Landmark Infrastructure Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was 10.46.

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 Landmark Infrastructure Partners LP's Debt-to-EBITDA or its related term are showing as below:

LMRKP.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.42   Med: 9.62   Max: 15.2
Current: 8.54

During the past 9 years, the highest Debt-to-EBITDA Ratio of Landmark Infrastructure Partners LP was 15.20. The lowest was 2.42. And the median was 9.62.

LMRKP.PFD's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 5.52 vs LMRKP.PFD: 8.54

Landmark Infrastructure Partners LP Debt-to-EBITDA Historical Data

The historical data trend for Landmark Infrastructure Partners LP'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.

Landmark Infrastructure Partners LP Debt-to-EBITDA Chart

Landmark Infrastructure Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 9.62 10.22 2.42 6.98 11.02

Landmark Infrastructure Partners LP Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 8.88 7.72 8.15 8.19 10.46

Competitive Comparison of Landmark Infrastructure Partners LP's Debt-to-EBITDA

For the Real Estate Services subindustry, Landmark Infrastructure Partners LP'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.


Landmark Infrastructure Partners LP's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landmark Infrastructure Partners LP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Landmark Infrastructure Partners LP's Debt-to-EBITDA falls into.



Landmark Infrastructure Partners LP Debt-to-EBITDA Calculation

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

Landmark Infrastructure Partners LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(214.2 + 288.495) / 45.623
=11.02

Landmark Infrastructure Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(223.2 + 284.478) / 48.54
=10.46

* 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 (Sep. 2021) EBITDA data.


Landmark Infrastructure Partners LP  (NAS:LMRKP.PFD) 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.


Landmark Infrastructure Partners LP Debt-to-EBITDA Related Terms

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


Landmark Infrastructure Partners LP (Landmark Infrastructure Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
400 Continental Boulevard, Suite 500, El Segundo, CA, USA, 90245
Landmark Infrastructure Partners LP is a real estate and infrastructure company that acquires, owns and manages a portfolio of real property interests and infrastructure assets that is leased to companies in the wireless communication, outdoor advertising and renewable power generation industries. The company's real property interests underlie its tenants' infrastructure assets, including cellular towers, rooftop wireless sites, billboards, solar farms and wind turbines. Its segments include Wireless communication, Outdoor advertising, and Renewable power generation.

Landmark Infrastructure Partners LP (Landmark Infrastructure Partners LP) Headlines

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