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Armada Hoffler Properties (Armada Hoffler Properties) Debt-to-EBITDA : 12.09 (As of Dec. 2023)


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What is Armada Hoffler Properties Debt-to-EBITDA?

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

Armada Hoffler Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $273.1 Mil. Armada Hoffler Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,247.2 Mil. Armada Hoffler Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was $125.8 Mil. Armada Hoffler Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 12.09.

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 Armada Hoffler Properties's Debt-to-EBITDA or its related term are showing as below:

AHH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.37   Med: 7.86   Max: 9.26
Current: 8.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Armada Hoffler Properties was 9.26. The lowest was 5.37. And the median was 7.86.

AHH's Debt-to-EBITDA is ranked worse than
58.38% of 507 companies
in the REITs industry
Industry Median: 7.21 vs AHH: 8.41

Armada Hoffler Properties Debt-to-EBITDA Historical Data

The historical data trend for Armada Hoffler Properties'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.

Armada Hoffler Properties Debt-to-EBITDA Chart

Armada Hoffler Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.56 7.98 7.75 5.37 9.26

Armada Hoffler Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.13 7.08 7.69 12.09 6.80

Competitive Comparison of Armada Hoffler Properties's Debt-to-EBITDA

For the REIT - Diversified subindustry, Armada Hoffler Properties'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.


Armada Hoffler Properties's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Armada Hoffler Properties's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Armada Hoffler Properties's Debt-to-EBITDA falls into.



Armada Hoffler Properties Debt-to-EBITDA Calculation

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

Armada Hoffler Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(273.127 + 1247.235) / 164.229
=9.26

Armada Hoffler Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(273.127 + 1247.235) / 125.752
=12.09

* 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 (Dec. 2023) EBITDA data.


Armada Hoffler Properties  (NYSE:AHH) 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.


Armada Hoffler Properties Debt-to-EBITDA Related Terms

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


Armada Hoffler Properties (Armada Hoffler Properties) Business Description

Traded in Other Exchanges
Address
222 Central Park Avenue, Suite 2100, Virginia Beach, VA, USA, 23462
Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.
Executives
A Russell Kirk director 3720 VIRGINIA BEACH BLVD, VIRGINIA BEACH VA 23452
Eric E. Apperson officer: Vice President 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Dennis H. Gartman director C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Matthew Barnes-smith officer: CFO, Treasurer and Secretary C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Michael P O'hara officer: Treasurer, CFO 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
John W. Snow director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Daniel A Hoffler director 4171 ESSEN LANE, BATON ROUGE LA 70809
Louis S Haddad director, officer: President, CEO 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
James C. Cherry director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Shawn J Tibbetts officer: Chief Operating Officer C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Dorothy Mcauliffe director C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE SUITE 2100, VIRGINIA BEACH VA 23462
Eva S Hardy director ARMADA HOFFLER PROPERTIES, 222 CENTRAL PARK AVE, STE 2100, VIRGINIA BEACH VA 23462
George F Allen director 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Shelly R. Hampton officer: Vice President 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Eric L Smith officer: Chief Investment Officer 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462