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Healthpeak Properties (Healthpeak Properties) Debt-to-EBITDA : 7.49 (As of Mar. 2024)


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What is Healthpeak Properties Debt-to-EBITDA?

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

Healthpeak Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $183 Mil. Healthpeak Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8,880 Mil. Healthpeak Properties's annualized EBITDA for the quarter that ended in Mar. 2024 was $1,211 Mil. Healthpeak Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.49.

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 Healthpeak Properties's Debt-to-EBITDA or its related term are showing as below:

DOC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.38   Med: 6.07   Max: 9.88
Current: 7.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Healthpeak Properties was 9.88. The lowest was 3.38. And the median was 6.07.

DOC's Debt-to-EBITDA is ranked worse than
52.46% of 509 companies
in the REITs industry
Industry Median: 7.21 vs DOC: 7.51

Healthpeak Properties Debt-to-EBITDA Historical Data

The historical data trend for Healthpeak Properties'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.

Healthpeak Properties Debt-to-EBITDA Chart

Healthpeak Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.84 5.72 6.57 4.82 5.60

Healthpeak Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.62 5.62 5.68 5.88 7.49

Competitive Comparison of Healthpeak Properties's Debt-to-EBITDA

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties'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.


Healthpeak Properties's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Healthpeak Properties Debt-to-EBITDA Calculation

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

Healthpeak Properties'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
=(720 + 6363.042) / 1265.168
=5.60

Healthpeak Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(183 + 8879.914) / 1210.5
=7.49

* 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 (Mar. 2024) EBITDA data.


Healthpeak Properties  (NYSE:DOC) 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.


Healthpeak Properties Debt-to-EBITDA Related Terms

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


Healthpeak Properties (Healthpeak Properties) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
James B. Connor director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Thomas Klaritch officer: Executive Vice President 3760 KILROY AIRPORT WAY, LONG BEACH CA 90806
Scott M Brinker officer: EVP and CIO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Ankit B. Patadia officer: EVP and Treasurer 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Adam G Mabry officer: CIO 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Scott R Bohn officer: EVP, Co-Head of Life Science 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Lisa A Alonso officer: EVP and Chief HR Officer 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Jeffrey H Miller officer: EVP - Senior Housing WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Thomas M Herzog director, officer: President and CEO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Glenn T Preston officer: SVP and SMD 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614