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Fukutome Meat Packers (TSE:2291) Debt-to-EBITDA : 42.35 (As of Dec. 2023)


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What is Fukutome Meat Packers Debt-to-EBITDA?

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

Fukutome Meat Packers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,553 Mil. Fukutome Meat Packers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,714 Mil. Fukutome Meat Packers's annualized EBITDA for the quarter that ended in Dec. 2023 was 円148 Mil. Fukutome Meat Packers's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 42.34.

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 Fukutome Meat Packers's Debt-to-EBITDA or its related term are showing as below:

TSE:2291' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -67.72   Med: 5.66   Max: 16.4
Current: -10.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fukutome Meat Packers was 16.40. The lowest was -67.72. And the median was 5.66.

TSE:2291's Debt-to-EBITDA is ranked worse than
100% of 1436 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs TSE:2291: -10.33

Fukutome Meat Packers Debt-to-EBITDA Historical Data

The historical data trend for Fukutome Meat Packers'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.

Fukutome Meat Packers Debt-to-EBITDA Chart

Fukutome Meat Packers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.37 -34.62 16.40 -67.72 -9.92

Fukutome Meat Packers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.78 -1.53 -764.50 3.85 42.35

Competitive Comparison of Fukutome Meat Packers's Debt-to-EBITDA

For the Packaged Foods subindustry, Fukutome Meat Packers'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.


Fukutome Meat Packers's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fukutome Meat Packers's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fukutome Meat Packers's Debt-to-EBITDA falls into.



Fukutome Meat Packers Debt-to-EBITDA Calculation

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

Fukutome Meat Packers's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4293 + 2035) / -638
=-9.92

Fukutome Meat Packers's annualized Debt-to-EBITDA for the quarter 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
=(4553 + 1714) / 148
=42.34

* 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 (Dec. 2023) EBITDA data.


Fukutome Meat Packers  (TSE:2291) 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.


Fukutome Meat Packers Debt-to-EBITDA Related Terms

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


Fukutome Meat Packers (TSE:2291) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 No. 75, Hiroshima Nishi-ku, Kusatsu-ko chome, Hiroshima, JPN, 733-0832
Fukutome Meat Packers Ltd is a Japan-based company engaged in the purchase, processing, manufacture, and sale of meat products and other foodstuffs. Its products include ham, sausage, bacon, hana sausage, roast pork, roast beef, delica products, beef, and carp related products.

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