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Jernigan Capital (Jernigan Capital) Debt-to-EBITDA : 23.63 (As of Sep. 2020)


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What is Jernigan Capital Debt-to-EBITDA?

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

Jernigan Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.00 Mil. Jernigan Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $282.97 Mil. Jernigan Capital's annualized EBITDA for the quarter that ended in Sep. 2020 was $11.98 Mil. Jernigan Capital's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 was 23.63.

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 Jernigan Capital's Debt-to-EBITDA or its related term are showing as below:

JCAP's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 7.21
* Ranked among companies with meaningful Debt-to-EBITDA only.

Jernigan Capital Debt-to-EBITDA Historical Data

The historical data trend for Jernigan Capital'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.

Jernigan Capital Debt-to-EBITDA Chart

Jernigan Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-EBITDA
Get a 7-Day Free Trial - 1.11 0.04 0.41 3.43

Jernigan Capital Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 2.78 4.17 -1.25 10.57 23.63

Competitive Comparison of Jernigan Capital's Debt-to-EBITDA

For the REIT - Industrial subindustry, Jernigan Capital'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.


Jernigan Capital's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Jernigan Capital's Debt-to-EBITDA falls into.



Jernigan Capital Debt-to-EBITDA Calculation

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

Jernigan Capital's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 202.791) / 59.168
=3.43

Jernigan Capital's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 282.973) / 11.976
=23.63

* 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. 2020) EBITDA data.


Jernigan Capital  (NYSE:JCAP) 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.


Jernigan Capital Debt-to-EBITDA Related Terms

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


Jernigan Capital (Jernigan Capital) Business Description

Traded in Other Exchanges
N/A
Address
6410 Poplar Avenue, Suite 650, Memphis, TN, USA, 38119
Jernigan Capital Inc is a real estate finance company. It offers capital to private developers, owners, and operators of self-storage facilities. The company's objective is to deliver long-term returns to shareholders by investing in newly constructed self-storage facilities and making loans secured by currently operating self-storage facilities. To achieve this objective company focuses on investments in development property and operating property loans. The majority of the revenue is generated from the interest income from investments made.
Executives
James D Dondero director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
John A Good director, officer: Chief Executive Officer C/O JERNIGAN CAPITAL, INC., 1395 BRICKELL AVENUE, MIAMI FL 33131
Jonathan L Perry officer: President, CIO 5 OLD LANCASTER ROAD, MALVERN PA 19355
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Mark O. Decker director 1395 BRICKELL AVENUE, MIAMI FL 33131
Harry J. Thie director 1395 BRICKELL AVENUE, MIAMI FL 33131
Kelly P Luttrell officer: SVP, CFO and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131
David Corak officer: SVP, Corporate Finance 6410 POPLAR AVE, SUITE 650, MEMPHIS TN 38119
Randy L Churchey director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Dean Jernigan director, officer: Chairman and CEO C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
William C. Drummond officer: SVP, CFO and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131
Sam J. Jenkins director 1395 BRICKELL AVENUE, MIAMI FL 33131
Gregory W. Ward officer: CFO, Secretary and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131

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