iStar Inc Net debt/EBITDA
What is the Net debt/EBITDA of iStar Inc?
The Net debt/EBITDA of iStar Inc is -7.90
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 iStar Inc
What does iStar Inc do?
iStar Inc. is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned and continues to use its historic strengths in finance and net lease to expand this unique platform. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.
Companies with net debt/ebitda similar to iStar Inc
- SciPlay has Net debt/EBITDA of -7.94
- Ligand Pharmaceuticals has Net debt/EBITDA of -7.92
- Premier has Net debt/EBITDA of -7.92
- Sinofert has Net debt/EBITDA of -7.91
- EuroEyes International Eye Clinic has Net debt/EBITDA of -7.91
- Porch has Net debt/EBITDA of -7.90
- iStar Inc has Net debt/EBITDA of -7.90
- Efh Inc has Net debt/EBITDA of -7.90
- PSI Software AG has Net debt/EBITDA of -7.90
- comScore has Net debt/EBITDA of -7.90
- comScore has Net debt/EBITDA of -7.90
- comScore has Net debt/EBITDA of -7.90
- comScore has Net debt/EBITDA of -7.90