GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » InvenTrust Properties Corp (NYSE:IVT) » Definitions » Debt-to-EBITDA

InvenTrust Properties (InvenTrust Properties) Debt-to-EBITDA : 5.01 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is InvenTrust Properties Debt-to-EBITDA?

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

InvenTrust Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. InvenTrust Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $814.6 Mil. InvenTrust Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was $162.7 Mil. InvenTrust Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.01.

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

IVT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.43   Med: 3.98   Max: 5.76
Current: 5.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of InvenTrust Properties was 5.76. The lowest was 2.43. And the median was 3.98.

IVT's Debt-to-EBITDA is ranked better than
68.49% of 511 companies
in the REITs industry
Industry Median: 7.15 vs IVT: 5.19

InvenTrust Properties Debt-to-EBITDA Historical Data

The historical data trend for InvenTrust Properties'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.

InvenTrust Properties Debt-to-EBITDA Chart

InvenTrust Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 5.76 5.44 4.34 5.19

InvenTrust Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.82 5.57 5.25 5.34 5.01

Competitive Comparison of InvenTrust Properties's Debt-to-EBITDA

For the REIT - Retail subindustry, InvenTrust Properties'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.


InvenTrust Properties's Debt-to-EBITDA Distribution in the REITs Industry

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

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



InvenTrust Properties Debt-to-EBITDA Calculation

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

InvenTrust Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 814.568) / 156.837
=5.19

InvenTrust Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 814.568) / 162.712
=5.01

* 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. 2023) EBITDA data.


InvenTrust Properties  (NYSE:IVT) 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.


InvenTrust Properties Debt-to-EBITDA Related Terms

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


InvenTrust Properties (InvenTrust Properties) Business Description

Traded in Other Exchanges
N/A
Address
3025 Highland Parkway, Suite 350, Downers Grove, IL, USA, 60515
InvenTrust Properties Corp is the United States of America based company qualified as a REIT (Real Estate Investment Trust). It owns, manages, acquires and develops a diversified portfolio of commercial real estate located across the United States. The company also owns properties in development and partially owns properties through joint ventures, as well as investments in marketable securities and other assets. The company focuses on investing in an open-air retail platform comprised of grocery-anchored centers and necessity-based power centers. InvenTrust operates through a single segment i.e. multi-tenant retail.
Executives
Smita Shah director 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
David Bryson officer: SVP, Chief Accounting Officer 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Michael Douglas Phillips officer: S.V.P., C.A.O. & Controller 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Daniel Busch officer: E.V.P., C.F.O. & Treasurer 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Amanda Elizabeth Black director 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Christy Lynn David officer: EVP, General Counsel & Sec. 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Ivy Zoe Greaner officer: Chief Operating Officer 3025 HIGHLAND PARKWAY, DOWNERS GROVE IL 60515
Stuart Aitken director C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203
Adam M Jaworski officer: SVP/Chief Accounting Officer 2809 BUTTERFIELD ROAD, OAK BROOK IL 60523
Scott A. Nelson director 2809 BUTTERFIELD ROAD, SUITE 200, OAK BROOK IL 60523
Michael A Stein director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Julian E Whitehurst director
Anna N Fitzgerald officer: See Remarks 191 N WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
David F Collins officer: See Remarks 2809 BUTTERFIELD ROAD, SUITE 360, OAK BROOK IL 60523
Michael E. Podboy officer: See Remarks 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523