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CTO Realty Growth (CTO Realty Growth) Debt-to-EBITDA : 5.15 (As of Dec. 2023)


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What is CTO Realty Growth Debt-to-EBITDA?

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

CTO Realty Growth's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $50.8 Mil. CTO Realty Growth's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $455.4 Mil. CTO Realty Growth's annualized EBITDA for the quarter that ended in Dec. 2023 was $98.3 Mil. CTO Realty Growth's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.15.

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

CTO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.44   Med: 6.86   Max: 12.19
Current: 7.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of CTO Realty Growth was 12.19. The lowest was 4.44. And the median was 6.86.

CTO's Debt-to-EBITDA is ranked better than
51.86% of 511 companies
in the REITs industry
Industry Median: 7.18 vs CTO: 7.06

CTO Realty Growth Debt-to-EBITDA Historical Data

The historical data trend for CTO Realty Growth'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.

CTO Realty Growth Debt-to-EBITDA Chart

CTO Realty Growth Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.29 12.19 5.09 11.52 7.06

CTO Realty Growth 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 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 17.09 13.59 7.66 6.90 5.15

Competitive Comparison of CTO Realty Growth's Debt-to-EBITDA

For the REIT - Diversified subindustry, CTO Realty Growth'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.


CTO Realty Growth's Debt-to-EBITDA Distribution in the REITs Industry

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

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



CTO Realty Growth Debt-to-EBITDA Calculation

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

CTO Realty Growth'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
=(50.83 + 455.398) / 71.696
=7.06

CTO Realty Growth'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
=(50.83 + 455.398) / 98.308
=5.15

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


CTO Realty Growth  (NYSE:CTO) 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.


CTO Realty Growth Debt-to-EBITDA Related Terms

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


CTO Realty Growth (CTO Realty Growth) Business Description

Traded in Other Exchanges
Address
369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
CTO Realty Growth Inc is a Florida-based real estate investment trust company, which owns income properties comprised of approximately 2.7 million square feet in diversified markets in the United States. Its portfolio of assets consists of Income Properties Portfolio, management services, Commercial Loan and Investments.
Executives
John P Albright officer: President & CEO PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge officer: SR. VP & CFO 70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Daniel Earl Smith officer: SVP, GEN COUNSEL & CORP SECRET P.O. BOX 10809, DAYTONA BEACH FL 32120
Steven Robert Greathouse officer: SVP-INVESTMENTS PO BOX 10809, DAYTONA BEACH FL 32120
Robert Blakeslee Gable director PO BOX 10809, DAYTONA BEACH FL 32120
George R Brokaw director DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Lisa Vorakoun officer: VP & CHIEF ACCOUNTING OFFICER 1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Christopher J Drew director PO BOX 10809, DAYTONA BEACH FL 32120
Christopher W Haga director PO BOX 10809, DAYTONA BEACH FL 32120
Laura M Franklin director CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Casey R Wold director C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Howard C Serkin director 712 SPINAKERS REACH, PONTE VEDRA FL 32082
Mark E Patten officer: Sr. VP & CFO PO BOX 10809, DAYTONA BEACH FL 32120
Wintergreen Fund, Inc. 10 percent owner 500 INTERNATIONAL DRIVE, SUITE 275, MOUNT OLIVE NJ 07828
William L. Olivari director 141 SAGE BRUSH TRAIL, STE. D, ORMOND BEACH FL 32174