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ITOCHU Techno-Solutions (FRA:IO4) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is ITOCHU Techno-Solutions Debt-to-EBITDA?

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

ITOCHU Techno-Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0 Mil. ITOCHU Techno-Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0 Mil. ITOCHU Techno-Solutions's annualized EBITDA for the quarter that ended in Sep. 2023 was €419 Mil. ITOCHU Techno-Solutions's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.00.

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 ITOCHU Techno-Solutions's Debt-to-EBITDA or its related term are showing as below:

FRA:IO4's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 1.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

ITOCHU Techno-Solutions Debt-to-EBITDA Historical Data

The historical data trend for ITOCHU Techno-Solutions'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.

ITOCHU Techno-Solutions Debt-to-EBITDA Chart

ITOCHU Techno-Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
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ITOCHU Techno-Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of ITOCHU Techno-Solutions's Debt-to-EBITDA

For the Information Technology Services subindustry, ITOCHU Techno-Solutions'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.


ITOCHU Techno-Solutions's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, ITOCHU Techno-Solutions's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ITOCHU Techno-Solutions's Debt-to-EBITDA falls into.



ITOCHU Techno-Solutions Debt-to-EBITDA Calculation

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

ITOCHU Techno-Solutions's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 445.736
=0.00

ITOCHU Techno-Solutions's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 418.972
=0.00

* 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 (Sep. 2023) EBITDA data.


ITOCHU Techno-Solutions  (FRA:IO4) 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.


ITOCHU Techno-Solutions Debt-to-EBITDA Related Terms

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


ITOCHU Techno-Solutions (FRA:IO4) Business Description

Traded in Other Exchanges
Address
3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-6080
ITOCHU Techno-Solutions Corp develops and constructs computer network systems and software in Japan. The company offers services for all phases of the IT lifecycle which include consulting, system integration and outsourcing. Its operations are divided into five segments: Distribution and Enterprise Business, Telecommunications Business, Regional and Social Infrastructure Business, Finance Business and IT Services Business.

ITOCHU Techno-Solutions (FRA:IO4) Headlines

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