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Citizen Watch Co (FRA:CTZ) Debt-to-EBITDA : 1.48 (As of Sep. 2024)


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What is Citizen Watch Co Debt-to-EBITDA?

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

Citizen Watch Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €159 Mil. Citizen Watch Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €275 Mil. Citizen Watch Co's annualized EBITDA for the quarter that ended in Sep. 2024 was €293 Mil. Citizen Watch Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.48.

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

FRA:CTZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -41.98   Med: 1.59   Max: 73.44
Current: 1.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Citizen Watch Co was 73.44. The lowest was -41.98. And the median was 1.59.

FRA:CTZ's Debt-to-EBITDA is ranked better than
59.41% of 813 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.72 vs FRA:CTZ: 1.91

Citizen Watch Co Debt-to-EBITDA Historical Data

The historical data trend for Citizen Watch 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.

Citizen Watch Co Debt-to-EBITDA Chart

Citizen Watch 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 73.44 -41.98 1.75 1.76 1.67

Citizen Watch Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.93 1.76 9.28 - 1.48

Competitive Comparison of Citizen Watch Co's Debt-to-EBITDA

For the Footwear & Accessories subindustry, Citizen Watch 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.


Citizen Watch Co's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Citizen Watch Co Debt-to-EBITDA Calculation

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

Citizen Watch 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
=(62.587 + 367.297) / 257.85
=1.67

Citizen Watch Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(158.583 + 274.988) / 293.428
=1.48

* 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 (Sep. 2024) EBITDA data.


Citizen Watch Co  (FRA:CTZ) 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.


Citizen Watch Co Debt-to-EBITDA Related Terms

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


Citizen Watch Co Business Description

Traded in Other Exchanges
Address
6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.

Citizen Watch Co Headlines

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