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Debt-to-EBITDA measures a company's ability to pay off its debt.
Taubman Centers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.0 Mil. Taubman Centers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $4,138.1 Mil. Taubman Centers's annualized EBITDA for the quarter that ended in Sep. 2020 was $221.6 Mil. Taubman Centers's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 was 18.67.
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
The historical rank and industry rank for Taubman Centers's Debt-to-EBITDA or its related term are showing as below:
During the past 13 years, the highest Debt-to-EBITDA Ratio of Taubman Centers was 19.03. The lowest was 6.27. And the median was 8.63.
The historical data trend for Taubman Centers'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.
Taubman Centers Annual Data | |||||||||||||||||||||
Trend | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | |||||||||||
Debt-to-EBITDA | Get a 7-Day Free Trial | 8.54 | 9.43 | 11.05 | 10.68 | 12.94 |
Taubman Centers 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 | 9.69 | 46.77 | 12.08 | 19.51 | 18.67 |
For the REIT - Retail subindustry, Taubman Centers'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.
For the REITs industry and Real Estate sector, Taubman Centers's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Taubman Centers's Debt-to-EBITDA falls into.
Debt-to-EBITDA measures a company's ability to pay off its debt.
Taubman Centers'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 | + | 3951.105) | / | 305.249 | |
= | 12.94 |
Taubman Centers'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 | + | 4138.126) | / | 221.648 | |
= | 18.67 |
* 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.
Taubman Centers (NYSE:TCO) 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
Thank you for viewing the detailed overview of Taubman Centers's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Marakovits Cornelia Connelly | director | C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE RD., STE 300, BLOOMFIELD HILLS MI 48304 |
Ullman Myron E Iii | director | 100 SPEAR ST. SUITE 935, SAN FRANCISCO CA 94105 |
Michelle J Goldberg | director | 601 UNION STREET, SUITE 3100, SEATTLE WA 98101 |
Janice L Fields | director | 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167 |
Nancy Killefer | director | 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042 |
Mayree C Clark | director | C/O ALLY FINANCIAL INC., 200 RENAISSANCE CENTER, DETROIT MI 48265 |
Michael J Embler | director | C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608 |
Simon Leopold | officer: EVP, CFO and Treasurer | 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304 |
Paul Aubrey Wright | officer: President, Taubman Asia Mngmt | C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304 |
Jonathan Litt | director | LAND AND BUILDINGS, 1 LANDMARK SQUARE, 7TH FLOOR, STAMFORD CT 06901 |
Robert S Taubman | director, officer: President, CEO, AND Chair BOD | 200 EAST LONG LAKE RD, SUITE 300 P O BOX 200, BLOOMFIELD HILLS MI 48303-0200 |
William S Taubman | officer: Chief Operating Officer | 200 E LONG LAKE RD, TAUBMAN ASSET GROUP, BLOOMFIELD HILLS MI 48303 |
Peter John Sharp | officer: President, Taubman Asia Mngmt | C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304 |
Craig M Hatkoff | director | ONE WEST 72ND STREET, NEWYORK NY 10023 |
Jerome A Chazen | director | C/O CHAZEN CAPITAL PARTNERS LLC, 150 EAST 58TH STREET, 27TH FLOOR, NEW YORK NY 10155 |
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