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Ogura Clutch Co (TSE:6408) Debt-to-EBITDA : 38.61 (As of Dec. 2023)


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What is Ogura Clutch Co Debt-to-EBITDA?

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

Ogura Clutch Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円15,332 Mil. Ogura Clutch Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,747 Mil. Ogura Clutch Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円520 Mil. Ogura Clutch Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 38.61.

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

TSE:6408' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.25   Med: 5.8   Max: 33.5
Current: 20.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ogura Clutch Co was 33.50. The lowest was 4.25. And the median was 5.80.

TSE:6408's Debt-to-EBITDA is ranked worse than
96.75% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs TSE:6408: 20.30

Ogura Clutch Co Debt-to-EBITDA Historical Data

The historical data trend for Ogura Clutch 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.

Ogura Clutch Co Debt-to-EBITDA Chart

Ogura Clutch 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 4.54 5.36 33.50 18.91 6.27

Ogura Clutch 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 15.32 10.23 15.92 71.57 38.61

Competitive Comparison of Ogura Clutch Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Ogura Clutch 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.


Ogura Clutch Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ogura Clutch Co's Debt-to-EBITDA distribution charts can be found below:

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



Ogura Clutch Co Debt-to-EBITDA Calculation

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

Ogura Clutch 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
=(14494 + 5273) / 3151
=6.27

Ogura Clutch 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
=(15332 + 4747) / 520
=38.61

* 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.


Ogura Clutch Co  (TSE:6408) 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.


Ogura Clutch Co Debt-to-EBITDA Related Terms

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


Ogura Clutch Co (TSE:6408) Business Description

Traded in Other Exchanges
N/A
Address
2-678, Aioi-cho, Gumma Perfecture, Kiryu, JPN
Ogura Clutch Co., Ltd. is engaged in manufacturing and selling of various types of clutch brakes for office machines, machine tools, construction machines and industrial machines, fiber tensioner, automotive A/C clutches, superchargers, power clutches, oil mist separators, high-pressure coolant systems, disaster prevention systems, among others.

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