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Equity Lifestyle Properties (Equity Lifestyle Properties) Debt-to-EBITDA : 5.15 (As of Dec. 2023)


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What is Equity Lifestyle Properties Debt-to-EBITDA?

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

Equity Lifestyle Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $31.00 Mil. Equity Lifestyle Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,487.61 Mil. Equity Lifestyle Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was $682.87 Mil. Equity Lifestyle Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.15.

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

ELSPRCCL.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.35   Med: 5.32   Max: 6.03
Current: 5.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Equity Lifestyle Properties was 6.03. The lowest was 4.35. And the median was 5.32.

ELSPRCCL.PFD's Debt-to-EBITDA is ranked better than
66.54% of 511 companies
in the REITs industry
Industry Median: 7.15 vs ELSPRCCL.PFD: 5.33

Equity Lifestyle Properties Debt-to-EBITDA Historical Data

The historical data trend for Equity Lifestyle 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.

Equity Lifestyle Properties Debt-to-EBITDA Chart

Equity Lifestyle 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 4.42 5.37 5.72 5.47 5.35

Equity Lifestyle 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 4.97 5.71 5.28 5.15 4.36

Competitive Comparison of Equity Lifestyle Properties's Debt-to-EBITDA

For the REIT - Residential subindustry, Equity Lifestyle 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.


Equity Lifestyle Properties's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Equity Lifestyle Properties Debt-to-EBITDA Calculation

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

Equity Lifestyle 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
=(31 + 3487.607) / 657.919
=5.35

Equity Lifestyle 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
=(31 + 3487.607) / 682.868
=5.15

* 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.


Equity Lifestyle Properties  (NYSE:ELSPRCCL.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.


Equity Lifestyle Properties Debt-to-EBITDA Related Terms

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


Equity Lifestyle Properties (Equity Lifestyle Properties) Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.

Equity Lifestyle Properties (Equity Lifestyle Properties) Headlines