ANA Holdings (FRA:ANCA) Debt-to-EBITDA : (As of Jun. 2026)

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FRA:ANCA ANA Holdings Inc FRA:ANCA
83 GF Score
Price €16.30
GF Value €19.07
! 2 Warning Signs
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What is ANA Holdings Debt-to-EBITDA?

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

ANA Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €865 Mil. ANA Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €5,557 Mil. ANA Holdings's annualized EBITDA for the quarter that ended in Jun. 2026 was €1,605 Mil. ANA Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.00.

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

FRA:ANCA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.73   Med: 3.18   Max: 182.49
Current: 2.94

During the past 13 years, the highest Debt-to-EBITDA Ratio of ANA Holdings was 182.49. The lowest was -4.73. And the median was 3.18.

FRA:ANCA's Debt-to-EBITDA is ranked worse than
54.89% of 880 companies
in the Transportation industry
Industry Median: 2.625 vs FRA:ANCA: 2.94

ANA Holdings  (FRA:ANCA) 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.

ANA Holdings Debt-to-EBITDA Related Terms

ANA Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ANA 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.

ANA Holdings Debt-to-EBITDA Chart

ANA Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
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ANA Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:ANCA vs DAL, UAL, LUV: Debt-to-EBITDA Comparison

For the Airlines subindustry, ANA 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.

ANA Holdings Debt-to-EBITDA vs Transportation Industry

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

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


FRA:ANCA
83GF Score
ANA Holdings Inc FRA:ANCA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ANA Holdings Debt-to-EBITDA Calculation

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

ANA Holdings's Debt-to-EBITDA for the fiscal year 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
=(1028.0709427596 + 5364.2293285641) / 2388.7527137508
=2.68

ANA Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(864.56499644613 + 5556.7038761558) / 1604.5162347095
=4.00

* 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 (Jun. 2026) EBITDA data.

Is ANA Holdings (FRA:ANCA) Overvalued in 2026?

Based on GuruFocus' analysis, ANA Holdings stock appears to be undervalued. The current stock price of €16.30 is trading 14.5% below its estimated GF Value™ of €19.07.

Key valuation signals for FRA:ANCA:

  • Debt-to-EBITDA:
  • GF Value™: €19.07 vs. price of €16.30 (14.5% below fair value)
  • GF Score™: 83/100 with 2 warning signs

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

ANA Holdings Business Description

Other Exchanges ALNPY:USA9202:Japan
Address 1-5-2 Higashi-Shinbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7140
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. Air Japan, which was launched to provide discount flights to Southeast Asia, will cease in 2026. Prior to covid-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.
83GF Score

Get the complete analysis for FRA:ANCA

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

€16.30
Price
€19.07
GF Value