Retail Properties of America Inc Net debt/EBITDA
What is the Net debt/EBITDA of Retail Properties of America Inc?
The Net debt/EBITDA of Retail Properties of America Inc is 26.32
What is the definition of Net debt/EBITDA?
The net debt to earnings before interest, taxes, depreciation, and amortization (Net debt/EBITDA) ratio measures financial leverage and the company’s ability to pay off its debt. It shows how long it would take the company to pay off all its debt with operations at the current level.
The net debt to EBITDA ratio is calculated as Net debt divided by EBITDA. It is similar to the debt to EBITDA ratio, but cash and cash equivalents are subtracted in net debt.
Net debt = short-term debt + long-term debt - cash and cash equivalents
EBITDA = net income + interest expense + taxes + depreciation + amortization
Lower debt debt to EBITDA ratio indicates the company is not heavily indebted and should be able to repay its obligations. Alternatively, higher ratio indicated the company is excessively indebted. The ratio varies between industries as different industries have different capital requirements. Usually, the ratio should be compared to a benchmark or an industry average to determine the company’s credit risk. Generally, a net debt to EBITDA ratio above 4 or 5 is considered high.
Net debt/EBITDA of companies in the Real Estate sector on NYSE compared to Retail Properties of America Inc
What does Retail Properties of America Inc do?
Retail Properties of America, Inc. is a REIT that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of December 31, 2020, the Company owned 102 retail operating properties in the United States representing 20.0 million square feet.
Companies with net debt/ebitda similar to Retail Properties of America Inc
- Wellesley has Net debt/EBITDA of 26.27
- Extended Stay America Inc has Net debt/EBITDA of 26.27
- Ares Capital Corp has Net debt/EBITDA of 26.28
- AJ Lucas has Net debt/EBITDA of 26.28
- Camden National has Net debt/EBITDA of 26.30
- TOMO has Net debt/EBITDA of 26.31
- Retail Properties of America Inc has Net debt/EBITDA of 26.32
- NSI NV has Net debt/EBITDA of 26.32
- Green Plains Inc has Net debt/EBITDA of 26.34
- Piedmont Office Realty Trust Inc has Net debt/EBITDA of 26.35
- Media and Games Invest plc has Net debt/EBITDA of 26.37
- Endo International plc has Net debt/EBITDA of 26.39
- Beijing-Shanghai High-Speed Railway Co has Net debt/EBITDA of 26.43