GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hudson Pacific Properties Inc (NYSE:HPPpBCL.PFD) » Definitions » Debt-to-EBITDA

Hudson Pacific Properties (Hudson Pacific Properties) Debt-to-EBITDA : 15.07 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Hudson Pacific Properties Debt-to-EBITDA?

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

Hudson Pacific Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $192.00 Mil. Hudson Pacific Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,208.66 Mil. Hudson Pacific Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was $291.99 Mil. Hudson Pacific Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 15.07.

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

HPPpBCL.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.24   Med: 7.87   Max: 9.97
Current: 9.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hudson Pacific Properties was 9.97. The lowest was 5.24. And the median was 7.87.

HPPpBCL.PFD's Debt-to-EBITDA is ranked worse than
66.34% of 511 companies
in the REITs industry
Industry Median: 7.15 vs HPPpBCL.PFD: 9.78

Hudson Pacific Properties Debt-to-EBITDA Historical Data

The historical data trend for Hudson Pacific 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.

Hudson Pacific Properties Debt-to-EBITDA Chart

Hudson Pacific 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 7.52 9.14 8.54 9.97 9.82

Hudson Pacific Properties 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 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 8.90 9.24 9.61 10.51 15.07

Competitive Comparison of Hudson Pacific Properties's Debt-to-EBITDA

For the REIT - Office subindustry, Hudson Pacific 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.


Hudson Pacific Properties's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Hudson Pacific Properties Debt-to-EBITDA Calculation

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

Hudson Pacific 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
=(192 + 4208.66) / 448.357
=9.82

Hudson Pacific 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
=(192 + 4208.66) / 291.992
=15.07

* 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.


Hudson Pacific Properties  (NYSE:HPPpBCL.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.


Hudson Pacific Properties Debt-to-EBITDA Related Terms

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


Hudson Pacific Properties (Hudson Pacific Properties) Business Description

Traded in Other Exchanges
Address
11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025
Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.