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Star Holdings (Star Holdings) Debt-to-EBITDA : 0.68 (As of Dec. 2023)


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What is Star Holdings Debt-to-EBITDA?

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

Star Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $192.9 Mil. Star Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.5 Mil. Star Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $284.7 Mil. Star Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.68.

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

STHO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.15   Med: -0.48   Max: 0.19
Current: -1.15

During the past 3 years, the highest Debt-to-EBITDA Ratio of Star Holdings was 0.19. The lowest was -1.15. And the median was -0.48.

STHO's Debt-to-EBITDA is ranked worse than
100% of 1266 companies
in the Real Estate industry
Industry Median: 5.745 vs STHO: -1.15

Star Holdings Debt-to-EBITDA Historical Data

The historical data trend for Star 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.

Star Holdings Debt-to-EBITDA Chart

Star Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- 0.19 -1.15

Star Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.02 -0.79 -0.68 -0.70 0.68

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

For the Real Estate Services subindustry, Star 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.


Star Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Star Holdings Debt-to-EBITDA Calculation

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

Star Holdings'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
=(192.895 + 1.538) / -168.746
=-1.15

Star Holdings'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
=(192.895 + 1.538) / 284.744
=0.68

* 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.


Star Holdings  (NAS:STHO) 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.


Star Holdings Debt-to-EBITDA Related Terms

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


Star Holdings (Star Holdings) Business Description

Traded in Other Exchanges
Address
1114 Avenue of the Americas,, 39th Floor, New York, NY, USA, 10036
Star Holdings engages in non-ground lease-related businesses, including real estate finance, operating properties, and land and development. Its portfolio is comprised primarily of its interests in Asbury and Magnolia Green residential development projects, a portfolio of commercial real estate properties, and loans that are being marketed for sale. It focuses on realizing value for shareholders from the legacy portfolio primarily by maximizing cash flows through active asset management and asset sales.
Executives
Brett Asnas officer: Chief Financial Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Garett Rosenblum officer: CHIEF ACCOUNTING OFFICER C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Marcos Alvarado officer: Vice President 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Richard J Lieb director, other: Member of Board of Trustees C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Clifford Desouza director, other: Member of Board of Trustees C/O ISTAR, 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Nina Matis director, other: Member of Board of Trustees 1114 AVENUE OF THE AMERICAS, 12TH FL, NEW YORK NY 10036
Jay Sugarman director, officer: President, other: Member of Board of Trustees 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Istar Inc. 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036

Star Holdings (Star Holdings) Headlines

From GuruFocus

Star Holdings Reports First Quarter 2023 Results

By PRNewswire PRNewswire 05-11-2023