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Safestore Holdings (Safestore Holdings) Debt-to-EBITDA : 3.58 (As of Oct. 2023)


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What is Safestore Holdings Debt-to-EBITDA?

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

Safestore Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $70.2 Mil. Safestore Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $937.4 Mil. Safestore Holdings's annualized EBITDA for the quarter that ended in Oct. 2023 was $281.6 Mil. Safestore Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 3.58.

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 Safestore Holdings's Debt-to-EBITDA or its related term are showing as below:

SFSHF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.35   Med: 2.72   Max: 4.3
Current: 3.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Safestore Holdings was 4.30. The lowest was 1.35. And the median was 2.72.

SFSHF's Debt-to-EBITDA is ranked better than
82.36% of 516 companies
in the REITs industry
Industry Median: 7.305 vs SFSHF: 3.60

Safestore Holdings Debt-to-EBITDA Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Debt-to-EBITDA Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.49 1.35 1.39 3.60

Safestore Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.16 1.20 1.62 3.49 3.58

Competitive Comparison of Safestore Holdings's Debt-to-EBITDA

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Safestore Holdings Debt-to-EBITDA Calculation

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

Safestore Holdings's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(70.158 + 937.393) / 279.537
=3.60

Safestore Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(70.158 + 937.393) / 281.608
=3.58

* 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 (Oct. 2023) EBITDA data.


Safestore Holdings  (OTCPK:SFSHF) 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.


Safestore Holdings Debt-to-EBITDA Related Terms

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


Safestore Holdings (Safestore Holdings) Business Description

Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.

Safestore Holdings (Safestore Holdings) Headlines

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