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West Holdings (TSE:1407) Debt-to-EBITDA : 12.26 (As of Feb. 2024)


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What is West Holdings Debt-to-EBITDA?

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

West Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円19,285 Mil. West Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円59,869 Mil. West Holdings's annualized EBITDA for the quarter that ended in Feb. 2024 was 円6,456 Mil. West Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 12.26.

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 West Holdings's Debt-to-EBITDA or its related term are showing as below:

TSE:1407' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.03   Med: 6.11   Max: 9.11
Current: 7.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of West Holdings was 9.11. The lowest was 2.03. And the median was 6.11.

TSE:1407's Debt-to-EBITDA is ranked worse than
70.9% of 323 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.36 vs TSE:1407: 7.96

West Holdings Debt-to-EBITDA Historical Data

The historical data trend for West Holdings'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.

West Holdings Debt-to-EBITDA Chart

West Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.84 5.64 4.74 7.72 7.13

West Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.57 6.12 4.76 15.47 12.26

Competitive Comparison of West Holdings's Debt-to-EBITDA

For the Utilities - Renewable subindustry, West Holdings'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.


West Holdings's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where West Holdings's Debt-to-EBITDA falls into.



West Holdings Debt-to-EBITDA Calculation

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

West Holdings's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18006 + 60248) / 10975
=7.13

West Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19285 + 59869) / 6456
=12.26

* 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 (Feb. 2024) EBITDA data.


West Holdings  (TSE:1407) 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.


West Holdings Debt-to-EBITDA Related Terms

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


West Holdings (TSE:1407) Business Description

Traded in Other Exchanges
N/A
Address
3-20-2 Nishi-Shinjuku, Tokyo Opera City Building 32 Floor, Shinjuku-ku, Tokyo, JPN, 163-1432
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.

West Holdings (TSE:1407) Headlines

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