Asulina Co (TSE:3647) Debt-to-EBITDA : -0.08 (As of Feb. 2026)

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TSE:3647 Asulina Co Ltd TSE:3647
44 GF Score
Price 円124.00
GF Value 円164.25
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asulina Co Debt-to-EBITDA?

Asulina Co TSE:3647 -6.77% 44 Debt-to-EBITDA is -0.08 as of Feb. 2026. GuruFocus rates TSE:3647 with a GF Score™ of 44/100 and a GF Value™ of 円164.25 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 346 Utilities - Independent Power Producers companies, Asulina Co ranks worse than 289017.05% on this metric.

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

Asulina Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円6.9 Mil. Asulina Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円13.5 Mil. Asulina Co's annualized EBITDA for the quarter that ended in Feb. 2026 was 円-273.9 Mil. Asulina Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was -0.07.

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

TSE:3647' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.68   Med: 0.15   Max: 1.32
Current: -0.2

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asulina Co was 1.32. The lowest was -0.68. And the median was 0.15.

TSE:3647's Debt-to-EBITDA is ranked worse than
100% of 346 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.96 vs TSE:3647: -0.20

Asulina Co  (TSE:3647) 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.


Asulina Co Debt-to-EBITDA Related Terms


Asulina Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Asulina 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.

Asulina Co Debt-to-EBITDA Chart

Asulina Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 -0.68 -0.31 -0.09 -0.14

Asulina Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -0.09 3.64 -0.07 -0.08 -0.32

Asulina Co Debt-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, Asulina 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.


Asulina Co Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asulina Co's Debt-to-EBITDA distribution charts can be found below:

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


TSE:3647
44GF Score
Asulina Co Ltd TSE:3647
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asulina Co Debt-to-EBITDA Calculation

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

Asulina Co's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14.883 + 16.135) / -218.906
=-0.14

Asulina Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.899 + 13.53) / -273.948
=-0.07

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.08 mean?
Asulina Co (TSE:3647) has a Debt-to-EBITDA of -0.08 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Asulina Co. According to the industry distribution chart, Asulina Co ranks #999999 out of 346 companies in the Utilities - Independent Power Producers industry.
Is Asulina Co's Debt-to-EBITDA too high?
Asulina Co's current Debt-to-EBITDA is -0.08. Based on the distribution chart, Asulina Co ranks #999999 out of 346 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Asulina Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asulina Co's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Asulina Co ranks #999999 out of 346 companies for Debt-to-EBITDA. This places Asulina Co in the lower half of its industry. The industry median Debt-to-EBITDA is 4.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.96, based on 346 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Asulina Co. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asulina Co's current Debt-to-EBITDA is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asulina Co stock overvalued right now?
Based on GuruFocus' analysis, Asulina Co (TSE:3647) is currently considered Modestly Undervalued. The stock's GF Value™ is 円164.25, compared to a current price of 円124.00 — trading 24.5% below its estimated fair value. The current Debt-to-EBITDA is -0.08. Asulina Co's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Asulina Co (TSE:3647), the current Debt-to-EBITDA is -0.08 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asulina Co (TSE:3647) Overvalued in 2026?

Based on GuruFocus' analysis, Asulina Co stock appears to be undervalued. The current stock price of 円124.00 is trading 24.5% below its estimated GF Value™ of 円164.25. GuruFocus considers Asulina Co to be Modestly Undervalued.

Key valuation signals for TSE:3647:

  • Debt-to-EBITDA: -0.08
  • GF Value™: 円164.25 vs. price of 円124.00 (24.5% below fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the TSE:3647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asulina Co Business Description

Address 2-3-14 Higashishinagawa, Shinagawa-ku, Tokyo Front Terrace 12th floor, Tokyo, JPN, 140-0002
Asulina Co Ltd is engaged in Renewable energy business, new energy business and sustainable business.
44GF Score

Get the complete analysis for TSE:3647

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円124.00
Price
円164.25
GF Value