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KDX Realty Investment (TSE:8972) Debt-to-EBITDA : 10.15 (As of Apr. 2023)


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What is KDX Realty Investment Debt-to-EBITDA?

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

KDX Realty Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was 円22,000 Mil. KDX Realty Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was 円192,950 Mil. KDX Realty Investment's annualized EBITDA for the quarter that ended in Apr. 2023 was 円21,174 Mil. KDX Realty Investment's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2023 was 10.15.

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 KDX Realty Investment's Debt-to-EBITDA or its related term are showing as below:

TSE:8972' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10   Med: 10.81   Max: 15.06
Current: 10.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of KDX Realty Investment was 15.06. The lowest was 10.00. And the median was 10.81.

TSE:8972's Debt-to-EBITDA is ranked worse than
70.08% of 508 companies
in the REITs industry
Industry Median: 7.15 vs TSE:8972: 10.52

KDX Realty Investment Debt-to-EBITDA Historical Data

The historical data trend for KDX Realty 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.

KDX Realty Investment Debt-to-EBITDA Chart

KDX Realty Investment Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 10.01 10.02 10.11 10.91

KDX Realty Investment Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 9.58 10.70 10.42 10.91 10.15

Competitive Comparison of KDX Realty Investment's Debt-to-EBITDA

For the REIT - Diversified subindustry, KDX Realty 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.


KDX Realty Investment's Debt-to-EBITDA Distribution in the REITs Industry

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

* The bar in red indicates where KDX Realty Investment's Debt-to-EBITDA falls into.



KDX Realty Investment Debt-to-EBITDA Calculation

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

KDX Realty Investment's Debt-to-EBITDA for the fiscal year that ended in Oct. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14600 + 200350) / 19696.92
=10.91

KDX Realty Investment's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22000 + 192950) / 21174.158
=10.15

* 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 (Apr. 2023) EBITDA data.


KDX Realty Investment  (TSE:8972) 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.


KDX Realty Investment Debt-to-EBITDA Related Terms

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


KDX Realty Investment (TSE:8972) Business Description

Traded in Other Exchanges
N/A
Address
2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office building, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.

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