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CyrusOne (CyrusOne) Debt-to-EBITDA : 6.99 (As of Dec. 2021)


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What is CyrusOne Debt-to-EBITDA?

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

CyrusOne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0 Mil. CyrusOne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $3,829 Mil. CyrusOne's annualized EBITDA for the quarter that ended in Dec. 2021 was $548 Mil. CyrusOne's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 was 6.99.

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

CONE's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 7.15
* Ranked among companies with meaningful Debt-to-EBITDA only.

CyrusOne Debt-to-EBITDA Historical Data

The historical data trend for CyrusOne'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.

CyrusOne Debt-to-EBITDA Chart

CyrusOne Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.05 6.46 5.80 6.77 6.55

CyrusOne Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 6.04 5.95 6.78 6.41 6.99

Competitive Comparison of CyrusOne's Debt-to-EBITDA

For the REIT - Specialty subindustry, CyrusOne'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.


CyrusOne's Debt-to-EBITDA Distribution in the REITs Industry

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

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



CyrusOne Debt-to-EBITDA Calculation

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

CyrusOne's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3828.6) / 584.2
=6.55

CyrusOne's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3828.6) / 548
=6.99

* 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. 2021) EBITDA data.


CyrusOne  (NAS:CONE) 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.


CyrusOne Debt-to-EBITDA Related Terms

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


CyrusOne (CyrusOne) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2850 N. Harwood Street, Suite 2200, Dallas, TX, USA, 75201
CyrusOne owns or operates 53 data centers, primarily in the U.S., that encompass more than 8 million net rentable square feet. It has a few properties in Europe and Asia. CyrusOne has both multitenant and single-tenant data centers, and it is primarily a wholesale provider, offering large spaces on longer-term leases. The firm has about 1,000 total customers, and cloud service providers and other information technology firms make up about half its total revenue. Its largest customer, Microsoft, accounted for over 20% of 2020 revenue, and its top 10 customers generated about 50%. After cloud providers, companies in the financial services and energy industries contributed the biggest proportions of CyrusOne's sales.
Executives
Katherine Motlagh officer: EVP & CFO C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Gamble John W Jr director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
William E Sullivan director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Alex Shumate director 41 S HIGH ST, STE 1300, COLUMBUS OH 43215
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Mark Skomal officer: SVP & Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
David H. Ferdman director, officer: President & CEO 5202 BRAEBURN BELLAIRE TX 77401
John Hatem officer: EVP & COO C/O CYRUSONE 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Robert M Jackson officer: EVP & General Counsel C/O CYRUSONE INC., 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Tod Nielsen director C/O VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kevin L Timmons officer: CHIEF TECHNOLOGY OFFICER 20200 MENDELSOHN LANE, SARATOGA CA 95070
Bruce W Duncan director, officer: President & CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Diane M Morefield officer: Chief Financial Officer 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael Klayko director

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