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Mori Hills Reit Investment (TSE:3234) Debt-to-EBITDA : 12.15 (As of Jul. 2023)


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What is Mori Hills Reit Investment Debt-to-EBITDA?

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

Mori Hills Reit Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円18,800 Mil. Mori Hills Reit Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円173,622 Mil. Mori Hills Reit Investment's annualized EBITDA for the quarter that ended in Jul. 2023 was 円15,839 Mil. Mori Hills Reit Investment's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 was 12.15.

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 Mori Hills Reit Investment's Debt-to-EBITDA or its related term are showing as below:

TSE:3234' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 12.16   Med: 13.06   Max: 14.43
Current: 12.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mori Hills Reit Investment was 14.43. The lowest was 12.16. And the median was 13.06.

TSE:3234's Debt-to-EBITDA is ranked worse than
76.53% of 507 companies
in the REITs industry
Industry Median: 7.21 vs TSE:3234: 12.26

Mori Hills Reit Investment Debt-to-EBITDA Historical Data

The historical data trend for Mori Hills 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.

Mori Hills Reit Investment Debt-to-EBITDA Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.13 12.99 13.17 12.87 12.16

Mori Hills Reit Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.71 12.12 12.18 12.15 -

Competitive Comparison of Mori Hills Reit Investment's Debt-to-EBITDA

For the REIT - Diversified subindustry, Mori Hills 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.


Mori Hills Reit Investment's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mori Hills Reit Investment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mori Hills Reit Investment's Debt-to-EBITDA falls into.



Mori Hills Reit Investment Debt-to-EBITDA Calculation

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

Mori Hills Reit Investment's Debt-to-EBITDA for the fiscal year 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
=(18800 + 173622) / 15819.804
=12.16

Mori Hills 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
=(18800 + 173622) / 15838.66
=12.15

* 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.


Mori Hills Reit Investment  (TSE:3234) 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.


Mori Hills Reit Investment Debt-to-EBITDA Related Terms

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


Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

Mori Hills Reit Investment (TSE:3234) Headlines

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