GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ESCON Japan REIT Investment Corp (TSE:2971) » Definitions » Debt-to-EBITDA

ESCON Japan REIT Investment (TSE:2971) Debt-to-EBITDA : 11.77 (As of Jul. 2023)


View and export this data going back to 2019. Start your Free Trial

What is ESCON Japan REIT Investment Debt-to-EBITDA?

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

ESCON Japan REIT Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円4,610 Mil. ESCON Japan REIT Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円28,481 Mil. ESCON Japan REIT Investment's annualized EBITDA for the quarter that ended in Jul. 2023 was 円2,811 Mil. ESCON Japan REIT Investment's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 was 11.77.

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 ESCON Japan REIT Investment's Debt-to-EBITDA or its related term are showing as below:

TSE:2971' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10.19   Med: 11.03   Max: 17.81
Current: 11.77

During the past 4 years, the highest Debt-to-EBITDA Ratio of ESCON Japan REIT Investment was 17.81. The lowest was 10.19. And the median was 11.03.

TSE:2971's Debt-to-EBITDA is ranked worse than
76.03% of 509 companies
in the REITs industry
Industry Median: 7.23 vs TSE:2971: 11.77

ESCON Japan REIT Investment Debt-to-EBITDA Historical Data

The historical data trend for ESCON Japan REIT Investment'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.

ESCON Japan REIT Investment Debt-to-EBITDA Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22
Debt-to-EBITDA
17.81 11.22 10.19 10.84

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.96 10.83 7.79 11.77 -

Competitive Comparison of ESCON Japan REIT Investment's Debt-to-EBITDA

For the REIT - Retail subindustry, ESCON Japan REIT Investment'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.


ESCON Japan REIT Investment's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ESCON Japan REIT Investment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ESCON Japan REIT Investment's Debt-to-EBITDA falls into.



ESCON Japan REIT Investment Debt-to-EBITDA Calculation

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

ESCON Japan REIT Investment's Debt-to-EBITDA for the fiscal year that ended in Jul. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9860 + 23231) / 3053.943
=10.84

ESCON Japan REIT Investment's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4610 + 28481) / 2810.69
=11.77

* 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 (Jul. 2023) EBITDA data.


ESCON Japan REIT Investment  (TSE:2971) 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.


ESCON Japan REIT Investment Debt-to-EBITDA Related Terms

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


ESCON Japan REIT Investment (TSE:2971) Business Description

Traded in Other Exchanges
N/A
Address
Try Edge Ochanomizu Building, 12th Floor, 4-2-5 kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust which invests in commercial properties. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.

ESCON Japan REIT Investment (TSE:2971) Headlines

No Headlines