Franklin BSP Realty Trust (Franklin BSP Realty Trust) Debt-to-EBITDA : 32.11 (As of Dec. 2023)

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What is Franklin BSP Realty Trust Debt-to-EBITDA?

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

Franklin BSP Realty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $174.1 Mil. Franklin BSP Realty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,008.7 Mil. Franklin BSP Realty Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $130.3 Mil. Franklin BSP Realty Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 32.11.

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 Franklin BSP Realty Trust's Debt-to-EBITDA or its related term are showing as below:

FBRT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 16.93 Med: 35.74 Max: 61.44
Current: 25.56

During the past 9 years, the highest Debt-to-EBITDA Ratio of Franklin BSP Realty Trust was 61.44. The lowest was 16.93. And the median was 35.74.

FBRT's Debt-to-EBITDA is ranked worse than
92.37% of 511 companies
in the REITs industry
Industry Median: 7.15 vs FBRT: 25.56

Franklin BSP Realty Trust Debt-to-EBITDA Historical Data

The historical data trend for Franklin BSP Realty 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.

Franklin BSP Realty Trust Debt-to-EBITDA Chart

Franklin BSP Realty Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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42.84

35.00

61.44

41.75

25.63

Franklin BSP Realty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															30.41	25.21	22.88	23.00	32.11

Competitive Comparison of Franklin BSP Realty Trust's Debt-to-EBITDA

For the REIT - Mortgage subindustry, Franklin BSP Realty 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.

Franklin BSP Realty Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Franklin BSP Realty Trust's Debt-to-EBITDA falls into.

Franklin BSP Realty Trust Debt-to-EBITDA Calculation

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

Franklin BSP Realty Trust'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
	=	(174.055	+	4008.7)	/	163.178
	=	25.63

Franklin BSP Realty Trust'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
	=	(174.055	+	4008.7)	/	130.252
	=	32.11

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.

Franklin BSP Realty Trust (NYSE:FBRT) 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.

Franklin BSP Realty Trust Debt-to-EBITDA Related Terms

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

Franklin BSP Realty Trust (Franklin BSP Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Franklin BSP Realty Trust Inc (NYSE:FBRT) » Definitions » Debt-to-EBITDA

Comparable Companies

CIM PMT MFA TWO EFC LADR RWT ARR KREF NYMT NLY STWD AGNC RITM BXMT ABR RC ARI CMTG DX

Traded in Other Exchanges

FBRTpE.PFD:USA 6VH:Germany

Address

1345 Avenue of the Americas, Suite 32A, New York, NY, USA, 10105

Website

https://www.fbrtreit.com

Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States.

Executives

Michael Comparato	officer: President	C/O FRANKLIN BSP REALTY TRUST, INC., 1345 AVENUE OF THE AMERICAS, SUITE 32A, NEW YORK NY 10105
Joe Dumars	director	1400 SCENIC COURT, BLOOMFIELD HILLS MI 48302
Buford H Ortale	director	104 WRAUDMONT BOULEVARD, SUITE 240, NASHVILLE TN 37205
Richard J Byrne	director, officer: Chairman, CEO and President	350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jerome S. Baglien	officer: CFO, COO and Treasurer	9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Michelle P Goolsby	director	1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Gary Keiser	director	8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Patsy Joseph Augustine	director	8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Jamie Handwerker	director	9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Peter J Mcdonough	director	405 PARK AVENUE, NEW YORK NY 10022
Elizabeth K. Tuppeny	director	C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Matthew Donnelly	officer: President and COO	405 PARK AVENUE, NEW YORK NY 10022
Donald R Ramon	officer: CFO, Secretary and Treasurer	INVESCO LTD., 1555 PEACHTREE STREET NE, ATLANTA GA 30309
William M Kahane	director	AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch	director, officer: Chairman of Bd. of Dir. & CEO