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Oji Holdings (Oji Holdings) Debt-to-EBITDA : 10.46 (As of Dec. 2023)


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What is Oji Holdings Debt-to-EBITDA?

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

Oji Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,752 Mil. Oji Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,652 Mil. Oji Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $517 Mil. Oji Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.45.

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

OJIPY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.1   Med: 4.25   Max: 8.29
Current: 8.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of Oji Holdings was 8.29. The lowest was 3.10. And the median was 4.25.

OJIPY's Debt-to-EBITDA is ranked worse than
76.82% of 220 companies
in the Forest Products industry
Industry Median: 3.3 vs OJIPY: 8.29

Oji Holdings Debt-to-EBITDA Historical Data

The historical data trend for Oji Holdings'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.

Oji Holdings Debt-to-EBITDA Chart

Oji Holdings 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 3.51 3.25 4.09 3.10 4.56

Oji Holdings 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 24.06 9.02 6.72 8.20 10.46

Competitive Comparison of Oji Holdings's Debt-to-EBITDA

For the Paper & Paper Products subindustry, Oji Holdings'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.


Oji Holdings's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Oji Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Oji Holdings Debt-to-EBITDA Calculation

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

Oji Holdings'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
=(2339.735 + 3558.16) / 1293.644
=4.56

Oji Holdings'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
=(1752.135 + 3651.858) / 516.9
=10.45

* 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.


Oji Holdings  (OTCPK:OJIPY) 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.


Oji Holdings Debt-to-EBITDA Related Terms

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


Oji Holdings (Oji Holdings) Business Description

Traded in Other Exchanges
Address
7-5, Ginza 4-chome, Chuo-ku, Tokyo, JPN, 104-0061
Oji Holdings Corp is a holding company whose subsidiaries produce and sell pulp and a variety of paper products The company organizes itself into four segments based on product type. The household and industrial materials segment, which generates more revenue than any other segment, sells packaging materials, paper towels, toilet paper, tissues, and diapers. The functional materials segment sells adhesive paper, specialty paper, and film. The forest resources and environmental marketing segment sells lumber, pulp, and biomass fuel. The printing and communications media segment sells newsprint, magazine paper, and printer paper.

Oji Holdings (Oji Holdings) Headlines

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