IRidge (TSE:3917) Debt-to-EBITDA : 0.98 (As of Mar. 2026) — 42% Below Median

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TSE:3917 IRidge Inc TSE:3917
54 GF Score
Price 円459.00
GF Value 円587.99
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is IRidge Debt-to-EBITDA?

IRidge TSE:3917 -2.13% 54 Debt-to-EBITDA is 0.98 as of Mar. 2026, which is 42% below its 10-year median of 1.68. GuruFocus rates TSE:3917 with a GF Score™ of 54/100 and a GF Value™ of 円587.99 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,721 Software companies, IRidge ranks worse than 54.79% on this metric.

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

IRidge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円950 Mil. IRidge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円488 Mil. IRidge's annualized EBITDA for the quarter that ended in Mar. 2026 was 円1,467 Mil. IRidge's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.98.

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

TSE:3917' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.27   Med: 1.68   Max: 3.41
Current: 1.21

During the past 12 years, the highest Debt-to-EBITDA Ratio of IRidge was 3.41. The lowest was -2.27. And the median was 1.68.

TSE:3917's Debt-to-EBITDA is ranked worse than
54.79% of 1721 companies
in the Software industry
Industry Median: 0.98 vs TSE:3917: 1.21

IRidge  (TSE:3917) 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.


IRidge Debt-to-EBITDA Related Terms


IRidge Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for IRidge'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.

IRidge Debt-to-EBITDA Chart

IRidge Annual Data
Trend Jul16 Jul17 Jul18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 2.12 -2.27 3.41 1.22

IRidge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -4.09 0.31 -1.94 0.98 -2.74

TSE:3917 vs CRM, SHOP, UBER: Debt-to-EBITDA Comparison

For the Software - Application subindustry, IRidge'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.


IRidge Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, IRidge's Debt-to-EBITDA distribution charts can be found below:

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


TSE:3917
54GF Score
IRidge Inc TSE:3917
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRidge Debt-to-EBITDA Calculation

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

IRidge's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(950 + 487.5) / 1174.027
=1.22

IRidge's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(950 + 487.5) / 1466.62
=0.98

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.98 mean?
IRidge (TSE:3917) has a Debt-to-EBITDA of 0.98 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on IRidge. This is 42% below median its historical median of 1.68. According to the industry distribution chart, IRidge ranks #943 out of 1721 companies in the Software industry, placing it in the top 54.8%.
Is IRidge's Debt-to-EBITDA too high?
IRidge's current Debt-to-EBITDA of 0.98 is 42% below median its 10-year median of 1.68. The Software industry median Debt-to-EBITDA is 0.98. IRidge's value of 0.98 is 0% at this industry median. Based on the distribution chart, IRidge ranks #943 out of 1721 companies in the Software industry, which is below the industry midpoint. Overall, IRidge has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRidge's Debt-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, IRidge ranks #943 out of 1721 companies for Debt-to-EBITDA. This places IRidge in the lower half of its industry. The industry median Debt-to-EBITDA is 0.98. IRidge's value of 0.98 is 0% at this benchmark. While the company's 10-year median is 1.68 vs. the industry median of 0.98, IRidge has consistently been at the industry average. 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 a Software company?
The median Debt-to-EBITDA among Software companies is 0.98, based on 1,721 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. IRidge's current Debt-to-EBITDA of 0.98 is 0% at the industry median. 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 IRidge. For the Software industry, the median Debt-to-EBITDA is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRidge's current Debt-to-EBITDA is 0.98, which is 42% below median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRidge stock overvalued right now?
Based on GuruFocus' analysis, IRidge (TSE:3917) is currently considered Modestly Undervalued. The stock's GF Value™ is 円587.99, compared to a current price of 円459.00 — trading 21.9% below its estimated fair value. The current Debt-to-EBITDA is 0.98, which is 42% below median its 10-year median of 1.68 and 0% at the Software industry median of 0.98. IRidge's overall GF Score™ is 54/100 with 2 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 IRidge (TSE:3917), the current Debt-to-EBITDA is 0.98 as of Mar. 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 IRidge (TSE:3917) Overvalued in 2026?

Based on GuruFocus' analysis, IRidge stock appears to be undervalued. The current stock price of 円459.00 is trading 21.9% below its estimated GF Value™ of 円587.99. GuruFocus considers IRidge to be Modestly Undervalued.

Key valuation signals for TSE:3917:

  • Debt-to-EBITDA: 0.98 (42% below median its 10-year median of 1.68)
  • GF Value™: 円587.99 vs. price of 円459.00 (21.9% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 0% at the Software median (#943 of 1721)

No single metric tells the full story. See the TSE:3917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRidge Business Description

Address 1-11-9 Azabudai, 10th Floor, BPR Place Kamiyacho, Minato-ku, Tokyo, JPN, 106-0041
IRidge Inc is engaged in the planning, development, and support of smartphone applications, digital services, and local currency platforms. The company operates through three segments: the Application Business, which handles app development and operation; the Business Production Business, which offers end-to-end support from business strategy and DX planning to service development and growth hacking; and the Fintech Business, which manages the digital local currency platform Money Easy.
54GF Score

Get the complete analysis for TSE:3917

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

円459.00
Price
円587.99
GF Value