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Kura Sushi Asia Co (ROCO:2754) Debt-to-EBITDA : 2.13 (As of Mar. 2024)


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What is Kura Sushi Asia Co Debt-to-EBITDA?

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

Kura Sushi Asia Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$512 Mil. Kura Sushi Asia Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,126 Mil. Kura Sushi Asia Co's annualized EBITDA for the quarter that ended in Mar. 2024 was NT$1,236 Mil. Kura Sushi Asia Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.13.

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 Kura Sushi Asia Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:2754' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09   Med: 2.62   Max: 4.99
Current: 2.67

During the past 8 years, the highest Debt-to-EBITDA Ratio of Kura Sushi Asia Co was 4.99. The lowest was 0.09. And the median was 2.62.

ROCO:2754's Debt-to-EBITDA is ranked better than
53.43% of 277 companies
in the Restaurants industry
Industry Median: 3.01 vs ROCO:2754: 2.67

Kura Sushi Asia Co Debt-to-EBITDA Historical Data

The historical data trend for Kura Sushi Asia 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.

Kura Sushi Asia Co Debt-to-EBITDA Chart

Kura Sushi Asia Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.87 3.22 4.99 2.62 2.86

Kura Sushi Asia Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.17 2.50 2.47 3.38 2.13

Competitive Comparison of Kura Sushi Asia Co's Debt-to-EBITDA

For the Restaurants subindustry, Kura Sushi Asia 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.


Kura Sushi Asia Co's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi Asia Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kura Sushi Asia Co's Debt-to-EBITDA falls into.



Kura Sushi Asia Co Debt-to-EBITDA Calculation

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

Kura Sushi Asia 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
=(466.648 + 2190.358) / 929.7
=2.86

Kura Sushi Asia Co's annualized Debt-to-EBITDA for the quarter 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
=(511.936 + 2125.531) / 1236.052
=2.13

* 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 (Mar. 2024) EBITDA data.


Kura Sushi Asia Co  (ROCO:2754) 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.


Kura Sushi Asia Co Debt-to-EBITDA Related Terms

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


Kura Sushi Asia Co (ROCO:2754) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan North Road, 6F.&6F-1, Number 32, Section 3, Zhongshan District, Taipei, TWN, 104
Kura Sushi Asia Co Ltd is a Taiwan-based company engaged in the operation of restaurants. The dishes offered in these restaurants include Sushi, Warship, Hand Roll, Roll, Side Meal, Dessert, and Drinks.

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