GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Prologis REIT Inc (FRA:9NPA) » Definitions » Debt-to-EBITDA

Nippon Prologis REIT (FRA:9NPA) Debt-to-EBITDA : 8.17 (As of Nov. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Nippon Prologis REIT Debt-to-EBITDA?

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

Nippon Prologis REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €194.5 Mil. Nippon Prologis REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €1,863.1 Mil. Nippon Prologis REIT's annualized EBITDA for the quarter that ended in Nov. 2023 was €251.9 Mil. Nippon Prologis REIT's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 8.17.

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 Nippon Prologis REIT's Debt-to-EBITDA or its related term are showing as below:

FRA:9NPA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.21   Med: 8.39   Max: 14.14
Current: 8.48

During the past 10 years, the highest Debt-to-EBITDA Ratio of Nippon Prologis REIT was 14.14. The lowest was 7.21. And the median was 8.39.

FRA:9NPA's Debt-to-EBITDA is ranked worse than
58% of 519 companies
in the REITs industry
Industry Median: 7.31 vs FRA:9NPA: 8.48

Nippon Prologis REIT Debt-to-EBITDA Historical Data

The historical data trend for Nippon Prologis 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.

Nippon Prologis REIT Debt-to-EBITDA Chart

Nippon Prologis REIT Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.09 8.48 8.14 8.14 8.48

Nippon Prologis REIT Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 May23 Nov23
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 8.34 8.00 8.28 8.32 8.17

Competitive Comparison of Nippon Prologis REIT's Debt-to-EBITDA

For the REIT - Industrial subindustry, Nippon Prologis 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.


Nippon Prologis REIT's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Prologis REIT's Debt-to-EBITDA falls into.



Nippon Prologis REIT Debt-to-EBITDA Calculation

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

Nippon Prologis REIT's Debt-to-EBITDA for the fiscal year that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(194.456 + 1863.075) / 242.693
=8.48

Nippon Prologis REIT's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(194.456 + 1863.075) / 251.912
=8.17

* 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 two times the quarterly (Nov. 2023) EBITDA data.


Nippon Prologis REIT  (FRA:9NPA) 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.


Nippon Prologis REIT Debt-to-EBITDA Related Terms

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


Nippon Prologis REIT (FRA:9NPA) Business Description

Traded in Other Exchanges
Address
Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421
Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

Nippon Prologis REIT (FRA:9NPA) Headlines

No Headlines