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American Residential Properties (American Residential Properties) Debt-to-EBITDA : 16.93 (As of Sep. 2015)


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What is American Residential Properties Debt-to-EBITDA?

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

American Residential Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.0 Mil. American Residential Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $780.3 Mil. American Residential Properties's annualized EBITDA for the quarter that ended in Sep. 2015 was $46.1 Mil. American Residential Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 was 16.93.

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

ARPI's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 7.21
* Ranked among companies with meaningful Debt-to-EBITDA only.

American Residential Properties Debt-to-EBITDA Historical Data

The historical data trend for American Residential 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.

American Residential Properties Debt-to-EBITDA Chart

American Residential Properties Annual Data
Trend Dec12 Dec13 Dec14
Debt-to-EBITDA
N/A 137.28 23.32

American Residential Properties Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.40 20.55 17.48 14.05 16.93

Competitive Comparison of American Residential Properties's Debt-to-EBITDA

For the REIT - Residential subindustry, American Residential 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.


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

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

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



American Residential Properties Debt-to-EBITDA Calculation

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

American Residential Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 753.863) / 32.329
=23.32

American Residential Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 780.329) / 46.096
=16.93

* 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. 2015) EBITDA data.


American Residential Properties  (NYSE:ARPI) 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.


American Residential Properties Debt-to-EBITDA Related Terms

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


American Residential Properties (American Residential Properties) Business Description

Traded in Other Exchanges
N/A
Address
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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