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Kajima (Kajima) Debt-to-EBITDA : 4.07 (As of Dec. 2023)


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What is Kajima Debt-to-EBITDA?

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

Kajima's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,246 Mil. Kajima's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,991 Mil. Kajima's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,288 Mil. Kajima's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.07.

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

KAJMY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.66   Med: 2.03   Max: 6.6
Current: 4.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kajima was 6.60. The lowest was 1.66. And the median was 2.03.

KAJMY's Debt-to-EBITDA is ranked worse than
68.71% of 1307 companies
in the Construction industry
Industry Median: 2.31 vs KAJMY: 4.43

Kajima Debt-to-EBITDA Historical Data

The historical data trend for Kajima'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.

Kajima Debt-to-EBITDA Chart

Kajima 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 1.66 1.89 1.90 2.05 2.73

Kajima 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 3.24 3.24 4.22 2.81 4.07

Competitive Comparison of Kajima's Debt-to-EBITDA

For the Engineering & Construction subindustry, Kajima'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.


Kajima's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kajima's Debt-to-EBITDA distribution charts can be found below:

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



Kajima Debt-to-EBITDA Calculation

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

Kajima'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
=(2127.891 + 1895.495) / 1472.166
=2.73

Kajima'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
=(3246.007 + 1990.811) / 1288.084
=4.07

* 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.


Kajima  (OTCPK:KAJMY) 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.


Kajima Debt-to-EBITDA Related Terms

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


Kajima (Kajima) Business Description

Traded in Other Exchanges
Address
3-1, Motoakasaka 1-chome, Minato-ku, Tokyo, JPN, 107-8388
Kajima Corp provides civil engineering and project management for multiple industries. It works in multiple phases, from planning and development to maintenance and renovation. The company constructs skyscrapers, power plants, office buildings, and other large structures. It enters contracts to complete construction work at the designated site, and add the necessary improvements. The company has five reportable segments: civil engineering, building construction, real estate development and other, domestic subsidiaries, and overseas subsidiaries. Kajima utilizes research and development for all segments, and allows engineers to receive training and enhance expertise through various programs. Japan accounts for majority of total revenue.

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