trailing twelve
trailing twelve
Shorthand for “trailing 12 months of financials,” meaning profit and loss information for a property or business for the past 12 months. Also written as the abbreviation “ttm.”
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The total sales price represents a capitalization rate in the mid 7 % range based on trailing twelve month net operating income as of 31 March 2015, which includes planned capital improvements at the properties.
Prices for those properties accelerated last quarter, as the median EBITDA trailing twelve months (ttm) enterprise value multiple increased to 11.
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