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Bluerock Homes Trust (Bluerock Homes Trust) Debt-to-EBITDA : 7.78 (As of Dec. 2023)


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What is Bluerock Homes Trust Debt-to-EBITDA?

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

Bluerock Homes Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $70.00 Mil. Bluerock Homes Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $96.67 Mil. Bluerock Homes Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $21.43 Mil. Bluerock Homes Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 7.78.

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 Bluerock Homes Trust's Debt-to-EBITDA or its related term are showing as below:

BHM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.6   Med: 9.22   Max: 13.54
Current: 10.03

During the past 4 years, the highest Debt-to-EBITDA Ratio of Bluerock Homes Trust was 13.54. The lowest was 4.60. And the median was 9.22.

BHM's Debt-to-EBITDA is ranked worse than
67.46% of 507 companies
in the REITs industry
Industry Median: 7.21 vs BHM: 10.03

Bluerock Homes Trust Debt-to-EBITDA Historical Data

The historical data trend for Bluerock Homes Trust'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.

Bluerock Homes Trust Debt-to-EBITDA Chart

Bluerock Homes Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
13.54 4.60 8.40 10.03

Bluerock Homes Trust Quarterly Data
Dec20 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 8.27 14.46 8.82 10.53 7.78

Competitive Comparison of Bluerock Homes Trust's Debt-to-EBITDA

For the REIT - Residential subindustry, Bluerock Homes Trust'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.


Bluerock Homes Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Bluerock Homes Trust Debt-to-EBITDA Calculation

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

Bluerock Homes Trust'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
=(70 + 96.67) / 16.61
=10.03

Bluerock Homes Trust'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
=(70 + 96.67) / 21.432
=7.78

* 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.


Bluerock Homes Trust  (AMEX:BHM) 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.


Bluerock Homes Trust Debt-to-EBITDA Related Terms

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


Bluerock Homes Trust (Bluerock Homes Trust) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Homes Trust Inc owns and operates single-family properties that generate rental and other property-related income through the leasing of units to a diverse base of tenants. The properties are located in Sunbelt and the Western United States.
Executives
Christopher J. Vohs officer: CFO and Treasurer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Par Olof Sanda 10 percent owner 624 RIVIERA ISLE DRIVE, FORT LAUDERDALE FL 33301
Sand Capital Associates Llc 10 percent owner 501 N BIRCH RD, UNIT 3, FORT LAUDERDALE FL 33304
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Strategy Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ryan S Macdonald officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Ramin Kamfar officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Jordan B. Ruddy director, officer: President 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Bluerock Residential Growth Reit, Inc. 10 percent owner 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Jason Emala officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105