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Daido Metal Co (FRA:69L) Debt-to-EBITDA : 3.59 (As of Dec. 2024)


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What is Daido Metal Co Debt-to-EBITDA?

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

Daido Metal Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €247.8 Mil. Daido Metal Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €158.3 Mil. Daido Metal Co's annualized EBITDA for the quarter that ended in Dec. 2024 was €113.2 Mil. Daido Metal Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 3.59.

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

FRA:69L' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.09   Med: 3.72   Max: 5.97
Current: 3.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Daido Metal Co was 5.97. The lowest was 2.09. And the median was 3.72.

FRA:69L's Debt-to-EBITDA is ranked worse than
64.99% of 1074 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs FRA:69L: 3.55

Daido Metal Co Debt-to-EBITDA Historical Data

The historical data trend for Daido Metal 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.

Daido Metal Co Debt-to-EBITDA Chart

Daido Metal Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 5.02 3.82 5.24 3.51

Daido Metal Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.42 3.04 - 3.59 3.59

Competitive Comparison of Daido Metal Co's Debt-to-EBITDA

For the Auto Parts subindustry, Daido Metal 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.


Daido Metal Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Daido Metal Co's Debt-to-EBITDA distribution charts can be found below:

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


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Daido Metal Co Debt-to-EBITDA Calculation

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

Daido Metal Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(251.12 + 138.081) / 110.779
=3.51

Daido Metal Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(247.78 + 158.256) / 113.224
=3.59

* 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. 2024) EBITDA data.


Daido Metal Co  (FRA:69L) 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.


Daido Metal Co Debt-to-EBITDA Related Terms

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


Daido Metal Co Business Description

Traded in Other Exchanges
Address
17th Floor, Tennozu Central Tower 2-2-24, Higashi Shinagawa, Shinagawa-Ku, Tokyo, JPN, 140-0002
Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.

Daido Metal Co Headlines

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