GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Healthcare Trust Inc (OTCPK:HLTC) » Definitions » Debt-to-EBITDA

Healthcare Trust (Healthcare Trust) Debt-to-EBITDA

: 23.70 (As of Dec. 2023)
View and export this data going back to 2020. Start your Free Trial

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

Healthcare Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $361.0 Mil. Healthcare Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $817.0 Mil. Healthcare Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $49.7 Mil. Healthcare Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 23.70.

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

HLTC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 15.33   Med: 20.54   Max: 25.7
Current: 15.33

During the past 6 years, the highest Debt-to-EBITDA Ratio of Healthcare Trust was 25.70. The lowest was 15.33. And the median was 20.54.

HLTC's Debt-to-EBITDA is ranked worse than
85.13% of 511 companies
in the REITs industry
Industry Median: 7.15 vs HLTC: 15.33

Healthcare Trust Debt-to-EBITDA Historical Data

The historical data trend for Healthcare 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.

Healthcare Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only 23.23 20.07 25.70 20.54 15.33

Healthcare Trust Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 16.91 12.95 13.26 14.18 23.70

Competitive Comparison

For the REIT - Healthcare Facilities subindustry, Healthcare 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.


Healthcare Trust Debt-to-EBITDA Distribution

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

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



Healthcare Trust Debt-to-EBITDA Calculation

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

Healthcare Trust'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
=(361.026 + 817.033) / 76.874
=15.32

Healthcare Trust'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
=(361.026 + 817.033) / 49.708
=23.70

* 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.


Healthcare Trust  (OTCPK:HLTC) 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.


Healthcare Trust Debt-to-EBITDA Related Terms

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


Healthcare Trust (Healthcare Trust) Business Description

Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Healthcare Trust Inc is a Real estate investment trust in the United States. It invests in healthcare real estate, focusing on seniors housing properties and medical office buildings. The company also invests in facilities leased to hospitals, rehabilitation hospitals, long-term acute care centers, surgery centers, inpatient rehabilitation facilities, special medical and diagnostic service providers, laboratories, and research firms among others. It has two segments medical office and other healthcare-related buildings and senior housing operating properties.
Executives
Scott M. Lappetito officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Jason F. Doyle officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Buddie J Penn director 405 PARK AVENUE, NEW YORK NY 10022
Lee M Elman director 405 PARK AVENUE, NEW YORK NY 10022
Katie P Kurtz officer: CFO, Treasurer and Secretary 405 PARK AVENUE, THIRD FLOOR, NEW YORK NY 10022
Edward G Rendell director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Leslie D Michelson director PRIVATE HEALTH MANAGEMENT, 9200 SUNSET BLVD, SUITE 110, LOS ANGELES CA 90069
Randolph C Read director, other: CHAIRMAN C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Thomas P Darcy officer: Chief Executive Officer 405 PARK AVENUE, NEW YORK NY 10022
Lange Edward F Jr officer: See Remarks 405 PARK AVENUE, NEW YORK NY 10022
William Todd Jensen officer: See Remarks 405 PARK AVE., 15TH FLOOR, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
David Gong director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: See Remarks

Healthcare Trust (Healthcare Trust) Headlines

No Headlines