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Daimaru Enawin Co (TSE:9818) Debt-to-EBITDA : 1.63 (As of Dec. 2023)


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What is Daimaru Enawin Co Debt-to-EBITDA?

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

Daimaru Enawin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円922 Mil. Daimaru Enawin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,407 Mil. Daimaru Enawin Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円1,431 Mil. Daimaru Enawin Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.63.

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

TSE:9818' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 0.3   Max: 2.19
Current: 2.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Daimaru Enawin Co was 2.19. The lowest was 0.14. And the median was 0.30.

TSE:9818's Debt-to-EBITDA is ranked better than
67.39% of 463 companies
in the Utilities - Regulated industry
Industry Median: 3.63 vs TSE:9818: 2.19

Daimaru Enawin Co Debt-to-EBITDA Historical Data

The historical data trend for Daimaru Enawin 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.

Daimaru Enawin Co Debt-to-EBITDA Chart

Daimaru Enawin 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 0.17 1.07 0.98 0.85 0.77

Daimaru Enawin 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 1.89 1.06 3.54 15.29 1.63

Competitive Comparison of Daimaru Enawin Co's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Daimaru Enawin 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.


Daimaru Enawin Co's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Daimaru Enawin Co's Debt-to-EBITDA distribution charts can be found below:

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



Daimaru Enawin Co Debt-to-EBITDA Calculation

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

Daimaru Enawin 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
=(707.569 + 1325.589) / 2656.071
=0.77

Daimaru Enawin 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
=(921.556 + 1407.157) / 1430.584
=1.63

* 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.


Daimaru Enawin Co  (TSE:9818) 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.


Daimaru Enawin Co Debt-to-EBITDA Related Terms

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


Daimaru Enawin Co (TSE:9818) Business Description

Traded in Other Exchanges
N/A
Address
Midorigi 1-4-39, Suminoe District, Osaka, JPN, 559-0022
Daimaru Enawin Co Ltd is mainly engaged in the sale of liquefied petroleum gas (LPG) in Japan. Its petroleum products include kerosene, light oil, and heavy oil. It also sells gas appliances, system kitchens, air conditioning equipment, household electric appliances, and solar systems; medical gases, home medical oxygen, and medical equipment; and industrial gases, welding and fusing equipment, welding materials, and industrial equipment.

Daimaru Enawin Co (TSE:9818) Headlines

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