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Net Lease Office Properties (Net Lease Office Properties) Debt-to-EBITDA : -1.36 (As of Dec. 2023)


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What is Net Lease Office Properties Debt-to-EBITDA?

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

Net Lease Office Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Net Lease Office Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $541.98 Mil. Net Lease Office Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was $-399.63 Mil. Net Lease Office Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.36.

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

NLOP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -74.37   Med: 2.07   Max: 4.84
Current: -7.78

During the past 5 years, the highest Debt-to-EBITDA Ratio of Net Lease Office Properties was 4.84. The lowest was -74.37. And the median was 2.07.

NLOP's Debt-to-EBITDA is ranked worse than
100% of 507 companies
in the REITs industry
Industry Median: 7.21 vs NLOP: -7.78

Net Lease Office Properties Debt-to-EBITDA Historical Data

The historical data trend for Net Lease Office 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.

Net Lease Office Properties Debt-to-EBITDA Chart

Net Lease Office Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 4.84 1.61 2.53 -74.37

Net Lease Office Properties Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - 2.31 N/A 2.16 -1.36

Competitive Comparison of Net Lease Office Properties's Debt-to-EBITDA

For the REIT - Office subindustry, Net Lease Office 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.


Net Lease Office Properties's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Net Lease Office Properties Debt-to-EBITDA Calculation

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

Net Lease Office 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
=(0 + 541.979) / -7.288
=-74.37

Net Lease Office Properties's annualized Debt-to-EBITDA for the quarter 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
=(0 + 541.979) / -399.632
=-1.36

* 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 (Dec. 2023) EBITDA data.


Net Lease Office Properties  (NYSE:NLOP) 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.


Net Lease Office Properties Debt-to-EBITDA Related Terms

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


Net Lease Office Properties (Net Lease Office Properties) Business Description

Traded in Other Exchanges
N/A
Address
395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001
Website
Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates and finance office building. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings and 1 BREEAM-Certified Building.
Executives
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Hansing Axel K.a. director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jean Hoysradt director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
John J Park director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox officer: CHIEF EXECUTIVE OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Toniann Sanzone officer: CHIEF FINANCIAL OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brian H Zander officer: CHIEF ACCOUNTING OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
W. P. Carey Inc. 10 percent owner ONE MANHATTAN WEST, 395 9TH AVENUE, 58TH FLOOR, NEW YORK NY 10001

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