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Tsubaki Nakashima Co (TSE:6464) Debt-to-EBITDA : 8.35 (As of Mar. 2024)


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What is Tsubaki Nakashima Co Debt-to-EBITDA?

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

Tsubaki Nakashima Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円16,068 Mil. Tsubaki Nakashima Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円80,045 Mil. Tsubaki Nakashima Co's annualized EBITDA for the quarter that ended in Mar. 2024 was 円11,508 Mil. Tsubaki Nakashima Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 8.35.

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

TSE:6464' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.38   Med: 5.68   Max: 19.66
Current: 19.66

During the past 12 years, the highest Debt-to-EBITDA Ratio of Tsubaki Nakashima Co was 19.66. The lowest was -18.38. And the median was 5.68.

TSE:6464's Debt-to-EBITDA is ranked worse than
96.47% of 2297 companies
in the Industrial Products industry
Industry Median: 1.74 vs TSE:6464: 19.66

Tsubaki Nakashima Co Debt-to-EBITDA Historical Data

The historical data trend for Tsubaki Nakashima 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.

Tsubaki Nakashima Co Debt-to-EBITDA Chart

Tsubaki Nakashima Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.93 9.66 8.82 -18.38 19.66

Tsubaki Nakashima Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.39 12.65 10.74 -16.22 8.35

Competitive Comparison of Tsubaki Nakashima Co's Debt-to-EBITDA

For the Tools & Accessories subindustry, Tsubaki Nakashima 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.


Tsubaki Nakashima Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Tsubaki Nakashima Co Debt-to-EBITDA Calculation

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

Tsubaki Nakashima Co's Debt-to-EBITDA for the fiscal year 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
=(15974 + 74383) / 4595
=19.66

Tsubaki Nakashima Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(16068 + 80045) / 11508
=8.35

* 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 (Mar. 2024) EBITDA data.


Tsubaki Nakashima Co  (TSE:6464) 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.


Tsubaki Nakashima Co Debt-to-EBITDA Related Terms

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


Tsubaki Nakashima Co (TSE:6464) Business Description

Traded in Other Exchanges
N/A
Address
19, Shakudo, Katsuragi, JPN, 639-2162
Tsubaki Nakashima Co Ltd is Japanese based steel balls and precision products, manufacturer. The company is engaged in the production and sale of industrial precision balls, rollers, ball screws, large-scale blowers, cages and sheet metal parts. Its products are used for bearing and other applications such as transportation equipment, home appliances, machine tools, robots, drone, automation equipment, ballpoint pen, and cosmetic spray.

Tsubaki Nakashima Co (TSE:6464) Headlines

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