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Advance Residence Investment (TSE:3269) Debt-to-EBITDA : 9.87 (As of Jan. 2023)


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What is Advance Residence Investment Debt-to-EBITDA?

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

Advance Residence Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was 円22,880 Mil. Advance Residence Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was 円208,429 Mil. Advance Residence Investment's annualized EBITDA for the quarter that ended in Jan. 2023 was 円23,433 Mil. Advance Residence Investment's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2023 was 9.87.

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 Advance Residence Investment's Debt-to-EBITDA or its related term are showing as below:

TSE:3269's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 7.22
* Ranked among companies with meaningful Debt-to-EBITDA only.

Advance Residence Investment Debt-to-EBITDA Historical Data

The historical data trend for Advance Residence Investment'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.

Advance Residence Investment Debt-to-EBITDA Chart

Advance Residence Investment Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.89 10.64 - 9.79 10.03

Advance Residence Investment Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
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 10.14 9.78 10.30 9.87 -

Competitive Comparison of Advance Residence Investment's Debt-to-EBITDA

For the REIT - Residential subindustry, Advance Residence Investment'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.


Advance Residence Investment's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Advance Residence Investment's Debt-to-EBITDA falls into.



Advance Residence Investment Debt-to-EBITDA Calculation

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

Advance Residence Investment's Debt-to-EBITDA for the fiscal year that ended in Jul. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27720 + 192789) / 21994.389
=10.03

Advance Residence Investment's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22880 + 208429) / 23433.214
=9.87

* 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 (Jan. 2023) EBITDA data.


Advance Residence Investment  (TSE:3269) 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.


Advance Residence Investment Debt-to-EBITDA Related Terms

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


Advance Residence Investment (TSE:3269) Business Description

Traded in Other Exchanges
N/A
Address
3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054
Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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