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Columbia Property Trust (Columbia Property Trust) Debt-to-EBITDA : 14.01 (As of Sep. 2021)


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What is Columbia Property Trust Debt-to-EBITDA?

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

Columbia Property Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $164.0 Mil. Columbia Property Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $1,146.9 Mil. Columbia Property Trust's annualized EBITDA for the quarter that ended in Sep. 2021 was $93.6 Mil. Columbia Property Trust's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was 14.01.

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 Columbia Property Trust's Debt-to-EBITDA or its related term are showing as below:

CXP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.83   Med: 5.2   Max: 9.34
Current: 6.34

During the past 12 years, the highest Debt-to-EBITDA Ratio of Columbia Property Trust was 9.34. The lowest was 4.83. And the median was 5.20.

CXP's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.15 vs CXP: 6.34

Columbia Property Trust Debt-to-EBITDA Historical Data

The historical data trend for Columbia Property Trust'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.

Columbia Property Trust Debt-to-EBITDA Chart

Columbia Property Trust Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 5.11 7.34 9.34 4.99

Columbia Property Trust 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 9.72 2.39 10.86 14.40 14.01

Competitive Comparison of Columbia Property Trust's Debt-to-EBITDA

For the REIT - Office subindustry, Columbia Property Trust'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.


Columbia Property Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Columbia Property Trust Debt-to-EBITDA Calculation

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

Columbia Property Trust'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
=(110 + 1146.818) / 252.062
=4.99

Columbia Property Trust'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
=(164 + 1146.877) / 93.588
=14.01

* 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.


Columbia Property Trust  (NYSE:CXP) 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.


Columbia Property Trust Debt-to-EBITDA Related Terms

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


Columbia Property Trust (Columbia Property Trust) Business Description

Traded in Other Exchanges
N/A
Address
315 Park Avenue South, New York, NY, USA, 10010
Columbia Property Trust Inc is a real estate investment trust engaged in acquiring, developing, and leasing office properties in large metropolitan areas throughout the United States. In terms of total square footage, the company's real estate portfolio is primarily composed of offices in San Francisco, Atlanta, New York City, Cleveland, and Houston. Columbia Property also derives most of its total revenue in the form of rental income from these same cities. The company's largest office tenants are legal services firms, business services companies, depository institutions, and securities and commodities brokers. These industries contribute the majority of Columbia's total rent revenue.
Executives
Thomas G Wattles director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Wentworth Francis X. Jr. director 315 PARK AVENUE SOUTH NEW YORK NY 10010
Michael S. Robb director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Murray J. Mccabe director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
John L. Dixon director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Carmen M Bowser director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
David Henry director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
E Nelson Mills director, officer: President & CEO 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Kevin A. Hoover officer: EVP Portfolio Management 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Jeffrey K. Gronning officer: Chief Investment Officer 315 PARK AVENUE SOUTH NEW YORK NY 10010
James A Fleming officer: EVP, Chief Financial Officer 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
Wendy W Gill officer: SVP, Corp Ops & CAO 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
George W Sands director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
David S Dowdney officer: SVP, Head of Leasing 1170 PEACHTREE STREET NE SUITE 600 ATLANTA GA 30309