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Nippon Accommodations Fund (Nippon Accommodations Fund) Debt-to-EBITDA : 10.18 (As of Aug. 2023)


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What is Nippon Accommodations Fund Debt-to-EBITDA?

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

Nippon Accommodations Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $120.9 Mil. Nippon Accommodations Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $1,036.1 Mil. Nippon Accommodations Fund's annualized EBITDA for the quarter that ended in Aug. 2023 was $113.7 Mil. Nippon Accommodations Fund's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 10.18.

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 Nippon Accommodations Fund's Debt-to-EBITDA or its related term are showing as below:

NIPPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10.1   Med: 10.95   Max: 12.48
Current: 10.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nippon Accommodations Fund was 12.48. The lowest was 10.10. And the median was 10.95.

NIPPF's Debt-to-EBITDA is ranked worse than
68.17% of 509 companies
in the REITs industry
Industry Median: 7.21 vs NIPPF: 10.27

Nippon Accommodations Fund Debt-to-EBITDA Historical Data

The historical data trend for Nippon Accommodations Fund'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.

Nippon Accommodations Fund Debt-to-EBITDA Chart

Nippon Accommodations Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.10 10.75 11.51 10.93 10.45

Nippon Accommodations Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 10.79 10.95 10.80 10.18 -

Competitive Comparison of Nippon Accommodations Fund's Debt-to-EBITDA

For the REIT - Diversified subindustry, Nippon Accommodations Fund'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.


Nippon Accommodations Fund's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Accommodations Fund's Debt-to-EBITDA falls into.



Nippon Accommodations Fund Debt-to-EBITDA Calculation

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

Nippon Accommodations Fund's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(120.873 + 1036.052) / 110.706
=10.45

Nippon Accommodations Fund's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(120.873 + 1036.052) / 113.694
=10.18

* 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 two times the quarterly (Aug. 2023) EBITDA data.


Nippon Accommodations Fund  (OTCPK:NIPPF) 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.


Nippon Accommodations Fund Debt-to-EBITDA Related Terms

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


Nippon Accommodations Fund (Nippon Accommodations Fund) Business Description

Traded in Other Exchanges
Address
2-1-1 Nihonbashimuromachi, Chuo-ku, Tokyo, JPN, 103-0022
Nippon Accommodations Fund Inc is a Japan-based real estate investment trust (REIT) company. It invests in accommodation properties mainly located in Metropolitan areas, as well as government-decreed regional hub cities. The company's investment property portfolio includes Okawabata Apartment Communities, Park Axis Toyosu, Shibaura Island Air Tower, Park Cube Meguro Tower, Park Cube Atagoyama Tower, Park Cube Higashi Shinagawa, amongst many others.

Nippon Accommodations Fund (Nippon Accommodations Fund) Headlines

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