GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RPT Realty (NYSE:RPT) » Definitions » Debt-to-EBITDA

RPT Realty (RPT Realty) Debt-to-EBITDA : 9.62 (As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is RPT Realty Debt-to-EBITDA?

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

RPT Realty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $28.0 Mil. RPT Realty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $837.2 Mil. RPT Realty's annualized EBITDA for the quarter that ended in Sep. 2023 was $90.0 Mil. RPT Realty's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 9.62.

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

RPT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.34   Med: 5.31   Max: 9.87
Current: 5.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of RPT Realty was 9.87. The lowest was 4.34. And the median was 5.31.

RPT's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.15 vs RPT: 5.21

RPT Realty Debt-to-EBITDA Historical Data

The historical data trend for RPT Realty'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.

RPT Realty Debt-to-EBITDA Chart

RPT Realty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 4.47 9.87 5.03 4.34

RPT Realty Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.84 2.42 7.98 8.33 9.62

Competitive Comparison of RPT Realty's Debt-to-EBITDA

For the REIT - Retail subindustry, RPT Realty'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.


RPT Realty's Debt-to-EBITDA Distribution in the REITs Industry

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

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



RPT Realty Debt-to-EBITDA Calculation

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

RPT Realty's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(35 + 837.375) / 200.822
=4.34

RPT Realty's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(28 + 837.179) / 89.968
=9.62

* 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. 2023) EBITDA data.


RPT Realty  (NYSE:RPT) 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.


RPT Realty Debt-to-EBITDA Related Terms

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


RPT Realty (RPT Realty) Business Description

Traded in Other Exchanges
N/A
Address
19 West 44th Street, Suite 1002, New York, NY, USA, 10036
RPT Realty is a self-managed real estate investment trust that invests in and manages retail properties. The company owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company's property portfolio consisted of 44 wholly-owned shopping centers, 13 shopping centers owned through its grocery-anchored joint venture, 48 retail properties owned through its net lease joint venture and one net lease retail property that was held for sale by the Company which together represent 15.0 million square feet of gross leasable area.
Executives
Raymond J. Merk officer: Chief Accounting Officer C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Heather Ohlberg officer: EXECUTIVE VICE PRESIDENT 19 W 44TH STREET, SUITE 1002, NEW YORK NY 10036
Michael Fitzmaurice officer: EVP and CFO C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY SUITE 300, FARMINGTON HILLS MI 48334
Timothy Collier officer: Executive VP-Leasing C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Laurie M Shahon director
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Arthur H Goldberg director 25 TIDEWAY, KIGS POINT NY 11024
David J Nettina director 1725 THE FAIRWAY, JENKINTOWN PA 19046
Richard L Federico director
Brian Harper director, officer: CEO and President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Joel M Pashcow director 21 FIR DRIVE, GREAT NECK NY 11024
Dynavox Inc. officer: Principal Financial Officer 2100 WHARTON STREET, SUITE 400, PITTSBURGH PA 15203
Dawn Hendershot officer: Senior Vice President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Dennis Earl Gershenson director, officer: President and CEO 31500 NORTHWESTERN HWY, SUITE 300, FARMINGTON HILLS MI 48334