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CorePoint Lodging (CorePoint Lodging) Debt-to-EBITDA : 2.48 (As of Sep. 2021)


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What is CorePoint Lodging Debt-to-EBITDA?

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

CorePoint Lodging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $537.0 Mil. CorePoint Lodging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $18.0 Mil. CorePoint Lodging's annualized EBITDA for the quarter that ended in Sep. 2021 was $224.0 Mil. CorePoint Lodging's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was 2.48.

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

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

CorePoint Lodging Debt-to-EBITDA Historical Data

The historical data trend for CorePoint Lodging'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.

CorePoint Lodging Debt-to-EBITDA Chart

CorePoint Lodging Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial 5.74 8.23 253.50 22.38 55.33

CorePoint Lodging Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 5.99 207.50 14.07 2.28 2.48

Competitive Comparison of CorePoint Lodging's Debt-to-EBITDA

For the REIT - Hotel & Motel subindustry, CorePoint Lodging'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.


CorePoint Lodging's Debt-to-EBITDA Distribution in the REITs Industry

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

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



CorePoint Lodging Debt-to-EBITDA Calculation

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

CorePoint Lodging's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(810 + 20) / 15
=55.33

CorePoint Lodging's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(537 + 18) / 224
=2.48

* 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 (Sep. 2021) EBITDA data.


CorePoint Lodging  (NYSE:CPLG) 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.


CorePoint Lodging Debt-to-EBITDA Related Terms

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


CorePoint Lodging (CorePoint Lodging) Business Description

Traded in Other Exchanges
N/A
Address
125 E. John Carpenter Freeway, Suite 1650, Irving, TX, USA, 75062
CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.
Executives
Jean Birch director 3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Alice E Gould director C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Steven Garfield officer: SVP, CAO & Treasurer 15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Blackstone Real Estate Associates V L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Bre/lqjv-nq L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
David Loeb director C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Yao (rob) Song officer: SVP & Chief Investment Officer 125 E. JOHN CARPENTER FREEWAY SUITE 1650 IRVING TX 75062
Blackstone Real Estate Partners Iv Te 2 Lp 10 percent owner 345 PARK AVE NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bre/prime Mezz 2 L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Blackstone Real Estate Partners Iv L.p. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Mezz 3-a L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Bre/prime Holdings L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Wih Hotels L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154

CorePoint Lodging (CorePoint Lodging) Headlines

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