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Mailbox REIT (IPSX:MBOX) Debt-to-EBITDA : 5.90 (As of Jun. 2023)


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What is Mailbox REIT Debt-to-EBITDA?

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

Mailbox REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £103.98 Mil. Mailbox REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £6.58 Mil. Mailbox REIT's annualized EBITDA for the quarter that ended in Jun. 2023 was £18.75 Mil. Mailbox REIT's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 5.90.

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

IPSX:MBOX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.33   Med: -3.92   Max: 15.53
Current: -4.87

During the past 4 years, the highest Debt-to-EBITDA Ratio of Mailbox REIT was 15.53. The lowest was -11.33. And the median was -3.92.

IPSX:MBOX's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.22 vs IPSX:MBOX: -4.87

Mailbox REIT Debt-to-EBITDA Historical Data

The historical data trend for Mailbox 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.

Mailbox REIT Debt-to-EBITDA Chart

Mailbox REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A -11.33 15.53 -3.92

Mailbox REIT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial 18.80 13.14 13.13 -1.71 5.90

Competitive Comparison of Mailbox REIT's Debt-to-EBITDA

For the REIT - Diversified subindustry, Mailbox 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.

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

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

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


Mailbox REIT Debt-to-EBITDA Calculation

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

Mailbox REIT'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
=(109.494 + 0) / -27.944
=-3.92

Mailbox REIT's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(103.981 + 6.58) / 18.75
=5.90

* 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 (Jun. 2023) EBITDA data.

Mailbox REIT  (IPSX:MBOX) 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.

Mailbox REIT Debt-to-EBITDA Related Terms

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

Mailbox REIT (IPSX:MBOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » Debt-to-EBITDA
Comparable Companies
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Traded in Other Exchanges
N/A
Address
30 Saint Mary Axe, 10th floor, London, GBR, EC3A 8BF
Website
https://www.themailboxreit.com
Mailbox REIT PLC is a single-asset real estate investment trust located in Birmingham. It provides shareholders income together with capital growth by investing in the Property. The company owns the Mailbox Property. The property provides office space, a leisure area, and retail and car parking space.