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Itoham Yonekyu Holdings (TSE:2296) Debt-to-EBITDA : 60.90 (As of Mar. 2024)


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What is Itoham Yonekyu Holdings Debt-to-EBITDA?

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

Itoham Yonekyu Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円40,834 Mil. Itoham Yonekyu Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2,528 Mil. Itoham Yonekyu Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was 円712 Mil. Itoham Yonekyu Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 60.90.

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 Itoham Yonekyu Holdings's Debt-to-EBITDA or its related term are showing as below:

TSE:2296' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.91   Med: 1.25   Max: 2.16
Current: 1.6

During the past 8 years, the highest Debt-to-EBITDA Ratio of Itoham Yonekyu Holdings was 2.16. The lowest was 0.91. And the median was 1.25.

TSE:2296's Debt-to-EBITDA is ranked better than
58.1% of 1494 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs TSE:2296: 1.60

Itoham Yonekyu Holdings Debt-to-EBITDA Historical Data

The historical data trend for Itoham Yonekyu Holdings'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.

Itoham Yonekyu Holdings Debt-to-EBITDA Chart

Itoham Yonekyu Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 1.74 0.93 0.91 1.16 1.13

Itoham Yonekyu Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.47 1.40 60.90 -

Competitive Comparison of Itoham Yonekyu Holdings's Debt-to-EBITDA

For the Packaged Foods subindustry, Itoham Yonekyu Holdings'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.


Itoham Yonekyu Holdings's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Itoham Yonekyu Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Itoham Yonekyu Holdings's Debt-to-EBITDA falls into.



Itoham Yonekyu Holdings Debt-to-EBITDA Calculation

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

Itoham Yonekyu Holdings'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
=(40834 + 2528) / 38413
=1.13

Itoham Yonekyu Holdings'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
=(40834 + 2528) / 712
=60.90

* 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.


Itoham Yonekyu Holdings  (TSE:2296) 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.


Itoham Yonekyu Holdings Debt-to-EBITDA Related Terms

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


Itoham Yonekyu Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-6-21 Mita, Meguro-ku, Tokyo, JPN
Itoham Yonekyu Holdings Inc is a holding company operating in the food industry. The company through its subsidiaries engages in the manufacture and sale of processed meat products, processing, and sale of meat products and manufacture and sale of processed/precooked food products. Its meat products include ham, sausages, meatballs, and other processed meat products.

Itoham Yonekyu Holdings Headlines

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