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Green Cross Co (FSE:7533) Debt-to-EBITDA : 1.98 (As of Jan. 2024)


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What is Green Cross Co Debt-to-EBITDA?

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

Green Cross Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円326 Mil. Green Cross Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円3,042 Mil. Green Cross Co's annualized EBITDA for the quarter that ended in Jan. 2024 was 円1,699 Mil. Green Cross Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 1.98.

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

FSE:7533' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15   Med: 0.61   Max: 2
Current: 2

During the past 13 years, the highest Debt-to-EBITDA Ratio of Green Cross Co was 2.00. The lowest was 0.15. And the median was 0.61.

FSE:7533's Debt-to-EBITDA is ranked worse than
51.5% of 831 companies
in the Business Services industry
Industry Median: 1.93 vs FSE:7533: 2.00

Green Cross Co Debt-to-EBITDA Historical Data

The historical data trend for Green Cross 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.

Green Cross Co Debt-to-EBITDA Chart

Green Cross Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.15 0.17 0.32 1.20

Green Cross Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.38 1.79 2.82 1.90 1.98

Competitive Comparison of Green Cross Co's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Green Cross 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.


Green Cross Co's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Green Cross Co's Debt-to-EBITDA distribution charts can be found below:

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



Green Cross Co Debt-to-EBITDA Calculation

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

Green Cross Co's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(383.476 + 3118.264) / 2918.004
=1.20

Green Cross Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(326.402 + 3042.016) / 1699.004
=1.98

* 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 (Jan. 2024) EBITDA data.


Green Cross Co  (FSE:7533) 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.


Green Cross Co Debt-to-EBITDA Related Terms

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


Green Cross Co (FSE:7533) Business Description

Traded in Other Exchanges
N/A
Address
No. 34 No. 22 Ozasa 5-chome, Chuo-ku, Fukuoka, JPN
Green Cross Co.,Ltd. is a Japan-based company engages in the manufacture, sale, and rental of safety items. Its products include road safety materials, disaster prevention necessities, safety equipment, protection gear, and signboards and tags.

Green Cross Co (FSE:7533) Headlines

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