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Aida Sekkei Co (TSE:2990) Debt-to-EBITDA : 15.84 (As of Mar. 2024)


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What is Aida Sekkei Co Debt-to-EBITDA?

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

Aida Sekkei Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円26,502 Mil. Aida Sekkei Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円14,863 Mil. Aida Sekkei Co's annualized EBITDA for the quarter that ended in Mar. 2024 was 円2,612 Mil. Aida Sekkei Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 15.84.

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

TSE:2990' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -90.22   Med: 12.84   Max: 18.86
Current: 13.38

During the past 6 years, the highest Debt-to-EBITDA Ratio of Aida Sekkei Co was 18.86. The lowest was -90.22. And the median was 12.84.

TSE:2990's Debt-to-EBITDA is ranked worse than
86.75% of 83 companies
in the Homebuilding & Construction industry
Industry Median: 2.84 vs TSE:2990: 13.38

Aida Sekkei Co Debt-to-EBITDA Historical Data

The historical data trend for Aida Sekkei 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.

Aida Sekkei Co Debt-to-EBITDA Chart

Aida Sekkei Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 14.76 11.09 12.30 -90.22 13.38

Aida Sekkei Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,631.84 - -37.92 12.31 15.84

Competitive Comparison of Aida Sekkei Co's Debt-to-EBITDA

For the Residential Construction subindustry, Aida Sekkei 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.


Aida Sekkei Co's Debt-to-EBITDA Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Aida Sekkei Co's Debt-to-EBITDA distribution charts can be found below:

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



Aida Sekkei Co Debt-to-EBITDA Calculation

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

Aida Sekkei Co'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
=(26502 + 14863) / 3091
=13.38

Aida Sekkei 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
=(26502 + 14863) / 2612
=15.84

* 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 two times the quarterly (Mar. 2024) EBITDA data.


Aida Sekkei Co  (TSE:2990) 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.


Aida Sekkei Co Debt-to-EBITDA Related Terms

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


Aida Sekkei Co Business Description

Traded in Other Exchanges
N/A
Address
2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854
Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

Aida Sekkei Co Headlines

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