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NTT UD Reit Investment (TSE:8956) Debt-to-EBITDA : 8.09 (As of Oct. 2023)


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What is NTT UD Reit Investment Debt-to-EBITDA?

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

NTT UD Reit Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円7,700 Mil. NTT UD Reit Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円106,497 Mil. NTT UD Reit Investment's annualized EBITDA for the quarter that ended in Oct. 2023 was 円14,118 Mil. NTT UD Reit Investment's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 8.09.

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

TSE:8956' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.63   Med: 9.07   Max: 10.22
Current: 8.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of NTT UD Reit Investment was 10.22. The lowest was 7.63. And the median was 9.07.

TSE:8956's Debt-to-EBITDA is ranked worse than
56.61% of 507 companies
in the REITs industry
Industry Median: 7.21 vs TSE:8956: 8.12

NTT UD Reit Investment Debt-to-EBITDA Historical Data

The historical data trend for NTT UD 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.

NTT UD Reit Investment Debt-to-EBITDA Chart

NTT UD Reit Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 9.15 7.97 7.63 8.12

NTT UD Reit Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 8.46 6.31 8.77 8.25 8.09

Competitive Comparison of NTT UD Reit Investment's Debt-to-EBITDA

For the REIT - Diversified subindustry, NTT UD 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.


NTT UD Reit Investment's Debt-to-EBITDA Distribution in the REITs Industry

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

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



NTT UD Reit Investment Debt-to-EBITDA Calculation

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

NTT UD Reit Investment's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7700 + 106497.264) / 14056.978
=8.12

NTT UD Reit Investment's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7700 + 106497.264) / 14118.108
=8.09

* 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 (Oct. 2023) EBITDA data.


NTT UD Reit Investment  (TSE:8956) 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.


NTT UD Reit Investment Debt-to-EBITDA Related Terms

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


NTT UD Reit Investment (TSE:8956) Business Description

Traded in Other Exchanges
N/A
Address
1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

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