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Qualtec Co (TSE:9165) Debt-to-EBITDA : 0.41 (As of Jun. 2023)


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What is Qualtec Co Debt-to-EBITDA?

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

Qualtec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円178 Mil. Qualtec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円77 Mil. Qualtec Co's annualized EBITDA for the quarter that ended in Jun. 2023 was 円622 Mil. Qualtec Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.41.

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

TSE:9165' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41   Med: 0.49   Max: 2.28
Current: 0.41

During the past 3 years, the highest Debt-to-EBITDA Ratio of Qualtec Co was 2.28. The lowest was 0.41. And the median was 0.49.

TSE:9165's Debt-to-EBITDA is ranked better than
80.72% of 830 companies
in the Business Services industry
Industry Median: 1.87 vs TSE:9165: 0.41

Qualtec Co Debt-to-EBITDA Historical Data

The historical data trend for Qualtec 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.

Qualtec Co Debt-to-EBITDA Chart

Qualtec Co Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
2.28 0.49 0.41

Qualtec Co Semi-Annual Data
Jun21 Jun22 Jun23
Debt-to-EBITDA 2.28 0.49 0.41

Competitive Comparison of Qualtec Co's Debt-to-EBITDA

For the Specialty Business Services subindustry, Qualtec 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.


Qualtec Co's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qualtec Co's Debt-to-EBITDA distribution charts can be found below:

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



Qualtec Co Debt-to-EBITDA Calculation

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

Qualtec Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(177.745 + 77.183) / 621.85
=0.41

Qualtec Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(177.745 + 77.183) / 621.85
=0.41

* 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 one times the quarterly (Jun. 2023) EBITDA data.


Qualtec Co  (TSE:9165) 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.


Qualtec Co Debt-to-EBITDA Related Terms

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


Qualtec Co (TSE:9165) Business Description

Traded in Other Exchanges
N/A
Address
4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906
Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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