Orix Jreit (TSE:8954) Debt-to-EBITDA : 11.52 (As of Aug. 2023)

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What is Orix Jreit Debt-to-EBITDA?

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

Orix Jreit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円37,108 Mil. Orix Jreit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円254,979 Mil. Orix Jreit's annualized EBITDA for the quarter that ended in Aug. 2023 was 円25,362 Mil. Orix Jreit's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 11.52.

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 Orix Jreit's Debt-to-EBITDA or its related term are showing as below:

TSE:8954' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.77 Med: 10.12 Max: 11.99
Current: 10.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Orix Jreit was 11.99. The lowest was 8.77. And the median was 10.12.

TSE:8954's Debt-to-EBITDA is ranked worse than
67.65% of 507 companies
in the REITs industry
Industry Median: 7.21 vs TSE:8954: 10.08

Orix Jreit Debt-to-EBITDA Historical Data

The historical data trend for Orix Jreit'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.

Orix Jreit Debt-to-EBITDA Chart

Orix Jreit Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-EBITDA

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9.81

8.77

10.04

9.48

10.19

Orix Jreit 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															10.36	8.81	9.14	11.52	-

Competitive Comparison of Orix Jreit's Debt-to-EBITDA

For the REIT - Office subindustry, Orix Jreit'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.

Orix Jreit's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where Orix Jreit's Debt-to-EBITDA falls into.

Orix Jreit Debt-to-EBITDA Calculation

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

Orix Jreit'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
	=	(37108	+	254979)	/	28662
	=	10.19

Orix Jreit'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
	=	(37108	+	254979)	/	25362
	=	11.52

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.

Orix Jreit (TSE:8954) 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.

Orix Jreit Debt-to-EBITDA Related Terms

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

Orix Jreit (TSE:8954) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

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Address

4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135

Website

http://www.orixjreit.com

Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

Orix Jreit (TSE:8954) Headlines

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