Monogram Residential Trust (Monogram Residential Trust) Debt-to-EBITDA : 4.64 (As of Jun. 2017)

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What is Monogram Residential Trust Debt-to-EBITDA?

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

Monogram Residential Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil. Monogram Residential Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $1,131.9 Mil. Monogram Residential Trust's annualized EBITDA for the quarter that ended in Jun. 2017 was $244.1 Mil. Monogram Residential Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 was 4.64.

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

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

Monogram Residential Trust Debt-to-EBITDA Historical Data

The historical data trend for Monogram Residential 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.

Monogram Residential Trust Debt-to-EBITDA Chart

Monogram Residential Trust Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-EBITDA

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10.09

11.08

10.40

7.32

8.68

Monogram Residential Trust Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Debt-to-EBITDA	Get a 7-Day Free Trial															12.42	7.34	5.93	2.61	4.64

Competitive Comparison of Monogram Residential Trust's Debt-to-EBITDA

For the REIT - Residential subindustry, Monogram Residential 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.

Monogram Residential Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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

Monogram Residential Trust Debt-to-EBITDA Calculation

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

Monogram Residential Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	1522.207)	/	175.434
	=	8.68

Monogram Residential Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	1131.901)	/	244.104
	=	4.64

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 (Jun. 2017) EBITDA data.

Monogram Residential Trust (NYSE:MORE) 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.

Monogram Residential Trust Debt-to-EBITDA Related Terms

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

Monogram Residential Trust (Monogram Residential Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Monogram Residential Trust Inc (NYSE:MORE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.monogramres.com

Monogram Residential Trust Inc was organized in Maryland on August 4, 2006. It is a fully integrated self-managed real estate investment trust ("REIT") that invests in, develops and operates high quality multifamily communities offering location and lifestyle amenities. It invests in stabilized operating properties and properties in various phases of development, with a focus on communities in select markets across the United States. The Company competes with many third parties engaged in real estate investment activities including other REITs, regional and national developers, specialty finance companies, savings and loan associations, banks, mortgage bankers, insurance companies, mutual funds, institutional investors, investment banking firms, lenders, hedge funds, governmental bodies and other entities. The Company's investments are subject to various federal, state, local and foreign laws, ordinances and regulations, including, among other things, zoning regulations, construction and occupancy permits, construction codes, land use controls, environmental controls relating to air and water quality, noise pollution and indirect environmental impacts, rent controls, business licenses and fair housing regulations.

Executives

W Benjamin Moreland	director	C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Howard Steven Garfield	officer: SVP, CAO, Treas & Asst Sec.	15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Tammy Jones	director	MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024
Swanstrom Daniel E Ii	officer: Executive VP and CFO	C/O MONOGRAM RESIDENTIAL TRUST, INC. 5800 GRANITE PARKWAY, SUITE 1000 PLANO TX 75024
Michael D Cohen	director	15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75201
Sami S Abbasi	director	3600 JP MORGAN CHASE TOWER, 2200 ROSS AVE, DALLAS TX 75201
Murray J. Mccabe	director	1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
Robert J Chapman	officer: President	125 S WACKER DR 3100, CHICAGO IL 60606
Reihsen Gerald J Iii	officer: Ex VP-Corp Dev & Lgl, Asst Sec	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
M Jason Mattox	officer: Executive Vice President	1323 NORTH STEMMONS FREEWAY SUITE 200, DALLAS TX 75207

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