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Takara Leben Real Estate Investment (TSE:3492) Debt-to-EBITDA : 12.63 (As of Aug. 2023)


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What is Takara Leben Real Estate Investment Debt-to-EBITDA?

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

Takara Leben Real Estate Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円9,550 Mil. Takara Leben Real Estate Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円57,600 Mil. Takara Leben Real Estate Investment's annualized EBITDA for the quarter that ended in Aug. 2023 was 円5,317 Mil. Takara Leben Real Estate Investment's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 12.63.

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 Takara Leben Real Estate Investment's Debt-to-EBITDA or its related term are showing as below:

TSE:3492' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10.7   Med: 12.02   Max: 268.11
Current: 12.58

During the past 6 years, the highest Debt-to-EBITDA Ratio of Takara Leben Real Estate Investment was 268.11. The lowest was 10.70. And the median was 12.02.

TSE:3492's Debt-to-EBITDA is ranked worse than
77.91% of 507 companies
in the REITs industry
Industry Median: 7.21 vs TSE:3492: 12.58

Takara Leben Real Estate Investment Debt-to-EBITDA Historical Data

The historical data trend for Takara Leben Real Estate 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.

Takara Leben Real Estate Investment Debt-to-EBITDA Chart

Takara Leben Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial N/A 10.83 10.70 12.02 13.13

Takara Leben Real Estate Investment Semi-Annual Data
Feb18 Aug18 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 11.83 12.00 12.84 12.63 -

Competitive Comparison of Takara Leben Real Estate Investment's Debt-to-EBITDA

For the REIT - Diversified subindustry, Takara Leben Real Estate 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.


Takara Leben Real Estate Investment's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Takara Leben Real Estate Investment's Debt-to-EBITDA falls into.



Takara Leben Real Estate Investment Debt-to-EBITDA Calculation

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

Takara Leben Real Estate Investment'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
=(9550 + 57600) / 5114.515
=13.13

Takara Leben Real Estate Investment'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
=(9550 + 57600) / 5317.182
=12.63

* 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.


Takara Leben Real Estate Investment  (TSE:3492) 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.


Takara Leben Real Estate Investment Debt-to-EBITDA Related Terms

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


Takara Leben Real Estate Investment (TSE:3492) Business Description

Traded in Other Exchanges
N/A
Address
1 Chome-14-15 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Takara Leben Real Estate Investment Corp is a J-REIT that owns and operates real estate properties and real property-related assets. It invests in office, hotel and residential properties.

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