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Cedar Realty Trust (Cedar Realty Trust) Debt-to-EBITDA : 7.17 (As of Dec. 2023)


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What is Cedar Realty Trust Debt-to-EBITDA?

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

Cedar Realty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Cedar Realty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $140.49 Mil. Cedar Realty Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $19.59 Mil. Cedar Realty Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 7.17.

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

CDRpB.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.06   Med: 8.23   Max: 40.27
Current: -4.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cedar Realty Trust was 40.27. The lowest was -4.06. And the median was 8.23.

CDRpB.PFD's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 7.21 vs CDRpB.PFD: -4.06

Cedar Realty Trust Debt-to-EBITDA Historical Data

The historical data trend for Cedar Realty 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.

Cedar Realty Trust Debt-to-EBITDA Chart

Cedar Realty Trust 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 8.89 13.65 29.81 -2.70 6.71

Cedar Realty Trust 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 6.69 7.46 7.84 4.57 7.17

Competitive Comparison of Cedar Realty Trust's Debt-to-EBITDA

For the REIT - Retail subindustry, Cedar Realty 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.


Cedar Realty Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Cedar Realty Trust Debt-to-EBITDA Calculation

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

Cedar Realty 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
=(0 + 140.494) / 20.949
=6.71

Cedar Realty 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
=(0 + 140.494) / 19.592
=7.17

* 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.


Cedar Realty Trust  (NYSE:CDRpB.PFD) 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.


Cedar Realty Trust Debt-to-EBITDA Related Terms

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


Cedar Realty Trust (Cedar Realty Trust) Business Description

Traded in Other Exchanges
Address
2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 11050-3765
Cedar Realty Trust Inc is a real estate investment trust that focuses on ownership, operation, and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The company derives all of its revenues from rents and operating expense reimbursements received pursuant to long-term leases.