MORI TRUST Hotel Reit (TSE:3478) Debt-to-EBITDA : 16.57 (As of Aug. 2022)

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What is MORI TRUST Hotel Reit Debt-to-EBITDA?

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

MORI TRUST Hotel Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was 円15,975 Mil. MORI TRUST Hotel Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was 円38,000 Mil. MORI TRUST Hotel Reit's annualized EBITDA for the quarter that ended in Aug. 2022 was 円3,258 Mil. MORI TRUST Hotel Reit's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2022 was 16.57.

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 MORI TRUST Hotel Reit's Debt-to-EBITDA or its related term are showing as below:

TSE:3478' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 11.91 Med: 14.96 Max: 21.78
Current: 20.46

During the past 7 years, the highest Debt-to-EBITDA Ratio of MORI TRUST Hotel Reit was 21.78. The lowest was 11.91. And the median was 14.96.

TSE:3478's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.21 vs TSE:3478: 20.46

MORI TRUST Hotel Reit Debt-to-EBITDA Historical Data

The historical data trend for MORI TRUST Hotel Reit'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.

MORI TRUST Hotel Reit Debt-to-EBITDA Chart

MORI TRUST Hotel Reit Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Debt-to-EBITDA

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12.45

11.91

14.96

21.78

20.46

MORI TRUST Hotel Reit Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Debt-to-EBITDA	Get a 7-Day Free Trial							19.92	33.85	16.06	26.75	16.57

Competitive Comparison of MORI TRUST Hotel Reit's Debt-to-EBITDA

For the REIT - Hotel & Motel subindustry, MORI TRUST Hotel Reit'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.

MORI TRUST Hotel Reit's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MORI TRUST Hotel Reit's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where MORI TRUST Hotel Reit's Debt-to-EBITDA falls into.

MORI TRUST Hotel Reit Debt-to-EBITDA Calculation

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

MORI TRUST Hotel Reit's Debt-to-EBITDA for the fiscal year that ended in Aug. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(15975	+	38000)	/	2637.97
	=	20.46

MORI TRUST Hotel Reit's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(15975	+	38000)	/	3257.974
	=	16.57

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 two times the quarterly (Aug. 2022) EBITDA data.

MORI TRUST Hotel Reit (TSE:3478) 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.

MORI TRUST Hotel Reit Debt-to-EBITDA Related Terms

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

MORI TRUST Hotel Reit (TSE:3478) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MORI TRUST Hotel Reit Inc (TSE:3478) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toranomon, Minato-ku, Tokyo, JPN

Website

https://www.mori-trust.co.jp

MORI TRUST Hotel Reit Inc is a Japan-based closed-end real estate investment trust. It is primarily involved in the of real estate development, hotel management, investment business. The company further holds an interest in the project such as Tokyo world gate, Akasaka 2- chrome, Kyobashi trust tower, Suiran, a luxury collection hotel at Kyoto and Courtyard by Marriott Shin-Osaka station. Geographically, it operates through the region of Japan.

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