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Relatively High Debt to EBITDA Ratio Detected in Shares of Northstar Realty in the Office REITs Industry (NRE, NYRT, ARE, OFC, CIO)

By James Quinn

Below are the three companies in the Office REITs industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Northstar Realty ranks highest with a a debt to EBITDA ratio of 92.7. New York Reit In is next with a a debt to EBITDA ratio of 36.8. Alexandria Real ranks third highest with a a debt to EBITDA ratio of 10.1.

Corp Office Prop follows with a a debt to EBITDA ratio of 10.0, and City Office Reit rounds out the top five with a a debt to EBITDA ratio of 9.6.

SmarTrend is tracking the current trend status for Corp Office Prop and will alert subscribers who have OFC in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to ebitda ratio northstar realty new york reit in alexandria real corp office prop nyse:cio city office reit

Ticker(s): NRE NYRT ARE OFC