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Primaris REIT (TSX:PMZ.UN) Debt-to-Revenue : 3.19 (As of Mar. 2024)


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What is Primaris REIT Debt-to-Revenue?

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

Primaris REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$200.0 Mil. Primaris REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1,321.1 Mil. Primaris REIT's annualized Revenue for the quarter that ended in Mar. 2024 was C$476.9 Mil. Primaris REIT's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 3.19.


Primaris REIT Debt-to-Revenue Historical Data

The historical data trend for Primaris REIT's Debt-to-Revenue 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.

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Primaris REIT Debt-to-Revenue Chart

Primaris REIT Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 2.26 3.72 2.65 3.61

Primaris REIT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 2.84 2.85 2.92 3.26 3.19

Competitive Comparison of Primaris REIT's Debt-to-Revenue

For the REIT - Retail subindustry, Primaris REIT's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Primaris REIT's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Primaris REIT's Debt-to-Revenue falls into.



Primaris REIT Debt-to-Revenue Calculation

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

Primaris REIT's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(200 + 1284.776) / 410.97
=3.61

Primaris REIT's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(200 + 1321.084) / 476.872
=3.19

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Primaris REIT Debt-to-Revenue Related Terms

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Primaris REIT (TSX:PMZ.UN) Business Description

Traded in Other Exchanges
Address
26 Wellington Street East, Suite 400, Toronto, ON, CAN, M5E 1S2
Primaris REIT is an unincorporated, open-ended real estate investment trust that comprises ownership, management, and development of investment properties located across Canada. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.

Primaris REIT (TSX:PMZ.UN) Headlines

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