ASICS (ASCCF) Debt-to-EBITDA : 0.47 (As of Mar. 2026) — 74% Below Median


ASCCF ASICS Corp ASCCF
90 GF Score
Price $29.09
GF Value $26.68
Valuation Fairly Valued
! 1 Warning Sign
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What is ASICS Debt-to-EBITDA?

ASICS ASCCF 90 Debt-to-EBITDA is 0.47 as of Mar. 2026, which is 74% below its 10-year median of 1.84. GuruFocus rates ASCCF with a GF Score™ of 90/100 and a GF Value™ of $26.68 (Fairly Valued). The stock has 1 warning sign investors should review. Among 803 Manufacturing - Apparel & Accessories companies, ASICS ranks better than 81.69% on this metric.

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

ASICS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $509 Mil. ASICS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $338 Mil. ASICS's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,791 Mil. ASICS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.47.

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

ASCCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -325.39   Med: 1.84   Max: 3.66
Current: 0.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of ASICS was 3.66. The lowest was -325.39. And the median was 1.84.

ASCCF's Debt-to-EBITDA is ranked better than
81.69% of 803 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.71 vs ASCCF: 0.71

ASICS  (OTCPK:ASCCF) 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.


ASICS Debt-to-EBITDA Related Terms


ASICS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ASICS'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.

ASICS Debt-to-EBITDA Chart

ASICS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 2.93 1.82 0.98 0.58

ASICS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.60 0.62 0.41 1.16 0.47

ASCCF vs NKE, DECK, ONON: Debt-to-EBITDA Comparison

For the Footwear & Accessories subindustry, ASICS'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.


ASICS Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Debt-to-EBITDA distribution charts can be found below:

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


ASCCF
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ASICS Corp ASCCF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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ASICS Debt-to-EBITDA Calculation

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

ASICS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(278.998 + 352.942) / 1088.523
=0.58

ASICS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(508.953 + 337.712) / 1790.768
=0.47

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.47 mean?
ASICS (ASCCF) has a Debt-to-EBITDA of 0.47 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on ASICS. This is 74% below median its historical median of 1.84. According to the industry distribution chart, ASICS ranks #147 out of 803 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.3%.
Is ASICS's Debt-to-EBITDA too high?
ASICS's current Debt-to-EBITDA of 0.47 is 74% below median its 10-year median of 1.84. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.71. ASICS's value of 0.47 is 82.7% below this industry median. Based on the distribution chart, ASICS ranks #147 out of 803 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, ASICS has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASICS's Debt-to-EBITDA compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ASICS ranks #147 out of 803 companies for Debt-to-EBITDA. This places ASICS in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.71. ASICS's value of 0.47 is 82.7% below this benchmark. While the company's 10-year median is 1.84 vs. the industry median of 2.71, ASICS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.71, based on 803 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASICS's current Debt-to-EBITDA of 0.47 is 82.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on ASICS. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASICS's current Debt-to-EBITDA is 0.47, which is 74% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (ASCCF) is currently considered Fairly Valued. The stock's GF Value™ is $26.68, compared to a current price of $29.09 — trading 9% above its estimated fair value. The current Debt-to-EBITDA is 0.47, which is 74% below median its 10-year median of 1.84 and 82.7% below the Manufacturing - Apparel & Accessories industry median of 2.71. ASICS's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For ASICS (ASCCF), the current Debt-to-EBITDA is 0.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASICS (ASCCF) Overvalued in 2026?

Based on GuruFocus' analysis, ASICS stock appears to be overvalued. The current stock price of $29.09 is trading 9% above its estimated GF Value™ of $26.68. GuruFocus considers ASICS to be Fairly Valued.

Key valuation signals for ASCCF:

  • Debt-to-EBITDA: 0.47 (74% below median its 10-year median of 1.84)
  • GF Value™: $26.68 vs. price of $29.09 (9% above fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 82.7% below the Manufacturing - Apparel & Accessories median (#147 of 803)

No single metric tells the full story. See the ASCCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASICS Business Description

Address 1-2-4 Sannomiyacho, Yamato Kobe Building, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 650-0021
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
90GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.09
Price
$26.68
GF Value