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Diversified Healthcare Trust (FRA:SNF) Debt-to-EBITDA : 13.38 (As of Dec. 2023)


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What is Diversified Healthcare Trust Debt-to-EBITDA?

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

Diversified Healthcare Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Diversified Healthcare Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,583 Mil. Diversified Healthcare Trust's annualized EBITDA for the quarter that ended in Dec. 2023 was €193 Mil. Diversified Healthcare Trust's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 13.38.

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

FRA:SNF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.93   Med: 6.57   Max: 13.86
Current: 13.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Diversified Healthcare Trust was 13.86. The lowest was 4.93. And the median was 6.57.

FRA:SNF's Debt-to-EBITDA is ranked worse than
82% of 511 companies
in the REITs industry
Industry Median: 7.18 vs FRA:SNF: 13.86

Diversified Healthcare Trust Debt-to-EBITDA Historical Data

The historical data trend for Diversified Healthcare 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.

Diversified Healthcare Trust Debt-to-EBITDA Chart

Diversified Healthcare Trust 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 9.26 10.53 5.19 7.13 13.86

Diversified Healthcare 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 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 15.27 11.56 17.18 14.05 13.38

Competitive Comparison of Diversified Healthcare Trust's Debt-to-EBITDA

For the REIT - Healthcare Facilities subindustry, Diversified Healthcare 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.


Diversified Healthcare Trust's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Diversified Healthcare Trust Debt-to-EBITDA Calculation

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

Diversified Healthcare 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
=(0 + 2583.051) / 186.327
=13.86

Diversified Healthcare 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
=(0 + 2583.051) / 193.04
=13.38

* 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.


Diversified Healthcare Trust  (FRA:SNF) 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.


Diversified Healthcare Trust Debt-to-EBITDA Related Terms

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


Diversified Healthcare Trust (FRA:SNF) Business Description

Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. It operates through two segments: its office portfolio and its senior housing operating portfolio. The office portfolio includes medical office properties leased to medical-related businesses and life sciences properties. The SHOP segment runs communities that offer multiple types of residential care, ranging from independent living to nursing services. DHT operates across the United States and the majority of its revenue derives from rents and medical programs.

Diversified Healthcare Trust (FRA:SNF) Headlines

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