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Tecnisco (TSE:2962) Debt-to-EBITDA : 3.62 (As of Jun. 2023)


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What is Tecnisco Debt-to-EBITDA?

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

Tecnisco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円1,088 Mil. Tecnisco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円2,124 Mil. Tecnisco's annualized EBITDA for the quarter that ended in Jun. 2023 was 円887 Mil. Tecnisco's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 3.62.

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 Tecnisco's Debt-to-EBITDA or its related term are showing as below:

TSE:2962' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.9   Med: 3.62   Max: 3.62
Current: 3.62

During the past 3 years, the highest Debt-to-EBITDA Ratio of Tecnisco was 3.62. The lowest was 1.90. And the median was 3.62.

TSE:2962's Debt-to-EBITDA is ranked worse than
71.83% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs TSE:2962: 3.62

Tecnisco Debt-to-EBITDA Historical Data

The historical data trend for Tecnisco'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.

Tecnisco Debt-to-EBITDA Chart

Tecnisco Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
3.62 1.90 3.62

Tecnisco Semi-Annual Data
Jun21 Jun22 Jun23
Debt-to-EBITDA 3.62 1.90 3.62

Competitive Comparison of Tecnisco's Debt-to-EBITDA

For the Metal Fabrication subindustry, Tecnisco'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.


Tecnisco's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tecnisco's Debt-to-EBITDA distribution charts can be found below:

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



Tecnisco Debt-to-EBITDA Calculation

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

Tecnisco's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1087.989 + 2124.206) / 886.623
=3.62

Tecnisco's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1087.989 + 2124.206) / 886.623
=3.62

* 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 one times the quarterly (Jun. 2023) EBITDA data.


Tecnisco  (TSE:2962) 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.


Tecnisco Debt-to-EBITDA Related Terms

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


Tecnisco (TSE:2962) Business Description

Traded in Other Exchanges
N/A
Address
2-2-15, Minami-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0004
Tecnisco Ltd is engaged in the Precision products business. It manufactures and sells Metal Products, Glass Products, and Drilling tool Products. Its products include Heatsinks, a Display device for projectors and mobile, Single core drills, Double core drills, and silicon products. The company uses Cross-edge technology for its operations.

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