NexPoint Hospitality Trust (TSXV:NHT.U) Debt-to-EBITDA : 20.73 (As of Sep. 2023)

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NexPoint Hospitality Trust Debt-to-EBITDA Definition

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

NexPoint Hospitality Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $90.34 Mil. NexPoint Hospitality Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $119.36 Mil. NexPoint Hospitality Trust's annualized EBITDA for the quarter that ended in Sep. 2023 was $10.12 Mil. NexPoint Hospitality Trust's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 20.73.

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

TSXV:NHT.U' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.21 Med: 7.58 Max: 11.81
Current: 8.46

During the past 4 years, the highest Debt-to-EBITDA Ratio of NexPoint Hospitality Trust was 11.81. The lowest was -3.21. And the median was 7.58.

TSXV:NHT.U's Debt-to-EBITDA is ranked worse than
58.71% of 511 companies
in the REITs industry
Industry Median: 7.15 vs TSXV:NHT.U: 8.46

NexPoint Hospitality Trust Debt-to-EBITDA Historical Data

The historical data trend for NexPoint Hospitality 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.

NexPoint Hospitality Trust Debt-to-EBITDA Chart

NexPoint Hospitality Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

11.81

-3.21

5.68

9.48

NexPoint Hospitality Trust Quarterly Data
	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														22.42	5.23	13.59	10.70	20.73

Competitive Comparison of NexPoint Hospitality Trust's Debt-to-EBITDA

For the REIT - Hotel & Motel subindustry, NexPoint Hospitality 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.

NexPoint Hospitality Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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

NexPoint Hospitality Trust Debt-to-EBITDA Calculation

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

NexPoint Hospitality Trust'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
	=	(19.386	+	260.058)	/	29.487
	=	9.48

NexPoint Hospitality Trust'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
	=	(90.343	+	119.361)	/	10.116
	=	20.73

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.

NexPoint Hospitality Trust (TSXV:NHT.U) 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.

NexPoint Hospitality Trust Debt-to-EBITDA Related Terms

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

NexPoint Hospitality Trust (TSXV:NHT.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Hospitality Trust (TSXV:NHT.U) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7

Website

https://www.nexpointhospitality.com

NexPoint Hospitality Trust is an open-ended real estate investment trust. The REIT has been created for the purpose of acquiring a portfolio of hospitality assets located in the United States and raising capital to acquire additional U.S.-located hospitality assets that meet its investment objectives. The objectives of NHT are to provide unitholders with an opportunity to invest in an initial portfolio of extended-stay, select-service, and efficient full-service hotels. It has one segment owning and operating hotel properties in the U.S.

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