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Manufactured Housing Properties (Manufactured Housing Properties) Debt-to-EBITDA : 19.03 (As of Sep. 2023)


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What is Manufactured Housing Properties Debt-to-EBITDA?

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

Manufactured Housing Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $7.35 Mil. Manufactured Housing Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $88.95 Mil. Manufactured Housing Properties's annualized EBITDA for the quarter that ended in Sep. 2023 was $5.06 Mil. Manufactured Housing Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 19.03.

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

MHPC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -174.68   Med: 4.37   Max: 503.55
Current: 21.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Manufactured Housing Properties was 503.55. The lowest was -174.68. And the median was 4.37.

MHPC's Debt-to-EBITDA is ranked worse than
86.97% of 1259 companies
in the Real Estate industry
Industry Median: 5.7 vs MHPC: 21.24

Manufactured Housing Properties Debt-to-EBITDA Historical Data

The historical data trend for Manufactured Housing 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.

Manufactured Housing Properties Debt-to-EBITDA Chart

Manufactured Housing Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.97 238.33 9.94 20.66 503.55

Manufactured Housing Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -7.10 18.35 23.61 20.67 19.03

Competitive Comparison of Manufactured Housing Properties's Debt-to-EBITDA

For the Real Estate Services subindustry, Manufactured Housing 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.


Manufactured Housing Properties's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Manufactured Housing Properties Debt-to-EBITDA Calculation

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

Manufactured Housing Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.209 + 77.884) / 0.167
=503.55

Manufactured Housing Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.345 + 88.948) / 5.06
=19.03

* 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. 2023) EBITDA data.


Manufactured Housing Properties  (OTCPK:MHPC) 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.


Manufactured Housing Properties Debt-to-EBITDA Related Terms

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


Manufactured Housing Properties (Manufactured Housing Properties) Business Description

Traded in Other Exchanges
N/A
Address
136 Main Street, Pineville, NC, USA, 28134
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
Executives
Vira Turchinyak officer: Chief Financial Officer C/O MANUFACTURED HOUSING PROPERTIES, INC, 136 MAIN STREET, PINEVILLE NC 28134
Julia Pererva officer: Chief Operating Officer 136 MAIN STREET, PINEVILLE NC 28134
Wardlaw John Waller Iii director, officer: President C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
James Lambert Johnson director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Chelsea Howlett Gee officer: Vice President of Finance C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Richard M Gee director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Robert Joseph Jackson 10 percent owner 743 JETTON STREET, DAVIDSON NC 28036
Metrolina Loan Holdings, Llc 10 percent owner C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Andrew Coatley officer: Chief Operating Officer C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Terry Robertson director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Gvest Real Estate Capital Llc 10 percent owner C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
William Henry Carter director C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Adam A Martin officer: Chief Investment Officer C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Raymond M Gee director, 10 percent owner, officer: Chairman and CEO C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Michael Z Anise director, officer: Chief Financial Officer C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134

Manufactured Housing Properties (Manufactured Housing Properties) Headlines