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Hulic Reit (TSE:3295) Debt-to-EBITDA : 12.81 (As of Aug. 2023)


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What is Hulic Reit Debt-to-EBITDA?

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

Hulic Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円21,077 Mil. Hulic Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円159,039 Mil. Hulic Reit's annualized EBITDA for the quarter that ended in Aug. 2023 was 円14,057 Mil. Hulic Reit's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 12.81.

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 Hulic Reit's Debt-to-EBITDA or its related term are showing as below:

TSE:3295' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 11.51   Med: 12.19   Max: 13.3
Current: 12.71

During the past 9 years, the highest Debt-to-EBITDA Ratio of Hulic Reit was 13.30. The lowest was 11.51. And the median was 12.19.

TSE:3295's Debt-to-EBITDA is ranked worse than
78.35% of 508 companies
in the REITs industry
Industry Median: 7.22 vs TSE:3295: 12.71

Hulic Reit Debt-to-EBITDA Historical Data

The historical data trend for Hulic 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.

Hulic Reit Debt-to-EBITDA Chart

Hulic Reit Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 12.64 13.30 11.69 12.19 13.09

Hulic Reit Semi-Annual Data
Apr14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 12.18 12.04 13.39 12.81 -

Competitive Comparison of Hulic Reit's Debt-to-EBITDA

For the REIT - Office subindustry, Hulic 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.


Hulic Reit's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Hulic Reit Debt-to-EBITDA Calculation

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

Hulic Reit's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21077 + 159039) / 13755.621
=13.09

Hulic Reit's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21077 + 159039) / 14057.166
=12.81

* 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 (Aug. 2023) EBITDA data.


Hulic Reit  (TSE:3295) 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.


Hulic Reit Debt-to-EBITDA Related Terms

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


Hulic Reit (TSE:3295) Business Description

Traded in Other Exchanges
N/A
Address
2-6-9 Hatchobori, Chuo-ku, Tokyo, JPN, 104-0032
Hulic Reit, Inc. is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.

Hulic Reit (TSE:3295) Headlines

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