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Yokohama Rubber Co (FRA:YRB) Debt-to-EBITDA : 2.10 (As of Jun. 2024)


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What is Yokohama Rubber Co Debt-to-EBITDA?

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

Yokohama Rubber Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €601 Mil. Yokohama Rubber Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2,075 Mil. Yokohama Rubber Co's annualized EBITDA for the quarter that ended in Jun. 2024 was €1,273 Mil. Yokohama Rubber Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 2.10.

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

FRA:YRB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.29   Med: 2.4   Max: 4.58
Current: 2.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yokohama Rubber Co was 4.58. The lowest was 1.29. And the median was 2.40.

FRA:YRB's Debt-to-EBITDA is ranked better than
52.29% of 1050 companies
in the Vehicles & Parts industry
Industry Median: 2.365 vs FRA:YRB: 2.24

Yokohama Rubber Co Debt-to-EBITDA Historical Data

The historical data trend for Yokohama Rubber 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.

Yokohama Rubber Co Debt-to-EBITDA Chart

Yokohama Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.49 1.29 1.85 2.72

Yokohama Rubber 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 3.23 1.85 2.66 2.10 -

Competitive Comparison of Yokohama Rubber Co's Debt-to-EBITDA

For the Auto Parts subindustry, Yokohama Rubber 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.


Yokohama Rubber Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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



Yokohama Rubber Co Debt-to-EBITDA Calculation

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

Yokohama Rubber Co's Debt-to-EBITDA for the fiscal year 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
=(612.272 + 2376.997) / 1099.325
=2.72

Yokohama Rubber Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(600.531 + 2075.108) / 1273.036
=2.10

* 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. 2024) EBITDA data.


Yokohama Rubber Co  (FRA:YRB) 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.


Yokohama Rubber Co Debt-to-EBITDA Related Terms

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


Yokohama Rubber Co Business Description

Traded in Other Exchanges
Address
36-11, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8685
Yokohama Rubber Co Ltd makes and sells rubber tires, wheels, and other components in two primary segments based on product type: The tires segment, which generates the majority of revenue, sells rubber tires and wheels for automobiles under the Yokohama and Advan brand names; the multiple businesses segment sells hose and couplings, conveyor belts, marine hoses, pneumatic genders, sealants and adhesives, aerospace components, and electronic materials. The majority of revenue comes from Japan.

Yokohama Rubber Co Headlines

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