Acadia Realty Trust (Acadia Realty Trust) Debt-to-EBITDA : 9.76 (As of Dec. 2023)

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What is Acadia Realty Trust Debt-to-EBITDA?

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

Acadia Realty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $213.3 Mil. Acadia Realty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,721.2 Mil. Acadia Realty Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was $198.2 Mil. Acadia Realty Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.76.

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

AKR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.92 Med: 8.52 Max: 12.16
Current: 8.49

During the past 13 years, the highest Debt-to-EBITDA Ratio of Acadia Realty Trust was 12.16. The lowest was 4.92. And the median was 8.52.

AKR's Debt-to-EBITDA is ranked worse than
59.1% of 511 companies
in the REITs industry
Industry Median: 7.18 vs AKR: 8.49

Acadia Realty Trust Debt-to-EBITDA Historical Data

The historical data trend for Acadia Realty Trust'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.

Acadia Realty Trust Debt-to-EBITDA Chart

Acadia Realty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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8.51

11.90

8.54

12.16

8.49

Acadia Realty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															8.92	5.81	7.64	11.14	9.76

Competitive Comparison of Acadia Realty Trust's Debt-to-EBITDA

For the REIT - Retail subindustry, Acadia Realty Trust'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.

Acadia Realty Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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

Acadia Realty Trust Debt-to-EBITDA Calculation

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

Acadia Realty Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(213.287	+	1721.173)	/	227.789
	=	8.49

Acadia Realty Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(213.287	+	1721.173)	/	198.156
	=	9.76

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 four times the quarterly (Dec. 2023) EBITDA data.

Acadia Realty Trust (NYSE:AKR) 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.

Acadia Realty Trust Debt-to-EBITDA Related Terms

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

Acadia Realty Trust (Acadia Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Acadia Realty Trust (NYSE:AKR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

WX1:Germany

Address

411 Theodore Fremd Avenue, Suite 300, Rye, NY, USA, 10580

Website

https://www.acadiarealty.com

Acadia Realty Trust is a real estate investment trust which specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company's portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which consists primarily of high-quality retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income.

Executives

John J. Gottfried	officer: Senior Vice President/CFO	C/O ACADIA REALTY TRUST, 411 THEODORE FREMD AVE., SUITE 300, RYE NY 10580
Jason Blacksberg	officer: Sr. V.P. and General Counsel	C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE. STE. 260, WHITE PLAINS NY 10605
Lee S Wielansky	director	PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Joseph Napolitano	officer: Sr. Vice President	PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Douglas Ii Crocker	director	C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Kenneth F Bernstein	director, officer: President and CEO	C/O ACADIA REALTY TRUST, 411 THEODORE FREMD AVENUE, SUITE 300, RYE NY 10580
C David Zoba	director	C/O GALYAN'S TRADING CO, 2437 EAST MAIN ST, PLAINFIELD IN 46168
Hope B Woodhouse	director	1601 UTICA AVENUE, SUITE 900, ST. LOUIS PARK MN 55416
Wendy W Luscombe	director	480 TAGHKANIC CHURCH TOWN ROAD, CRARYVILLE NY 12521
Mark A Denien	director	600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Christopher Conlon	officer: Executive Vice President	C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE., SUITE 260, WHITE PLAINS NY 10605
Lorrence T Kellar	director	C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Mcintyre Kenneth A Jr	director	C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
Richard Hartmann	officer: Senior Vice President	C/O ACADIA REALTY TRUST, 1311 MAMARONECK AVE., SUITE 260, WHITE PLAINS NY 10605
Lynn C Thurber	director	JONES LANG LASALLE INCORPORTED, 200 E RANDOLPH DR, CHICAGO IL 60601