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Econach Holdings Co (TSE:3521) Debt-to-EBITDA : 2.81 (As of Dec. 2023)


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What is Econach Holdings Co Debt-to-EBITDA?

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

Econach Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円179 Mil. Econach Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円660 Mil. Econach Holdings Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円298 Mil. Econach Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.81.

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

TSE:3521' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -67.82   Med: 2.68   Max: 29.88
Current: 2.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Econach Holdings Co was 29.88. The lowest was -67.82. And the median was 2.68.

TSE:3521's Debt-to-EBITDA is ranked better than
72.13% of 1256 companies
in the Real Estate industry
Industry Median: 6.01 vs TSE:3521: 2.61

Econach Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for Econach Holdings Co'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.

Econach Holdings Co Debt-to-EBITDA Chart

Econach Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 1.64 -67.82 4.97 2.46

Econach Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.14 1.12 -16.07 4.23 2.81

Competitive Comparison of Econach Holdings Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Econach Holdings Co'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.


Econach Holdings Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Econach Holdings Co's Debt-to-EBITDA distribution charts can be found below:

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



Econach Holdings Co Debt-to-EBITDA Calculation

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

Econach Holdings Co'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
=(150.948 + 788.848) / 382.176
=2.46

Econach Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(178.728 + 660.246) / 298.26
=2.81

* 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 (Dec. 2023) EBITDA data.


Econach Holdings Co  (TSE:3521) 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.


Econach Holdings Co Debt-to-EBITDA Related Terms

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


Econach Holdings Co (TSE:3521) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 - 8 - 4, Minami Aoyama, Minato-ku, Tokyo, JPN, 107-0062
Econach Holdings Co Ltd is engaged in the maintenance and guidance of business activities of group companies through ownership of real estate business and textile business and stocks.

Econach Holdings Co (TSE:3521) Headlines

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