Rasa Industries (TSE:4022) Debt-to-EBITDA : 0.56 (As of Mar. 2026) — 75% Below Median

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TSE:4022 Rasa Industries Ltd TSE:4022
73 GF Score
Price 円2,442.00
GF Value 円609.84
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Rasa Industries Debt-to-EBITDA?

Rasa Industries TSE:4022 -3.67% 73 Debt-to-EBITDA is 0.56 as of Mar. 2026, which is 75% below its 10-year median of 2.25. GuruFocus rates TSE:4022 with a GF Score™ of 73/100 and a GF Value™ of 円609.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,245 Chemicals companies, Rasa Industries ranks better than 69.64% on this metric.

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

Rasa Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円3,814 Mil. Rasa Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円3,693 Mil. Rasa Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was 円13,460 Mil. Rasa Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.56.

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

TSE:4022' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.93   Med: 2.25   Max: 4.76
Current: 0.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rasa Industries was 4.76. The lowest was 0.93. And the median was 2.25.

TSE:4022's Debt-to-EBITDA is ranked better than
69.64% of 1245 companies
in the Chemicals industry
Industry Median: 2.11 vs TSE:4022: 0.93

Rasa Industries  (TSE:4022) 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.


Rasa Industries Debt-to-EBITDA Related Terms


Rasa Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Rasa Industries'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.

Rasa Industries Debt-to-EBITDA Chart

Rasa Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 1.83 1.62 1.28 0.93

Rasa Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.38 0.77 2.29 0.56 1.04

TSE:4022 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Rasa Industries'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.


Rasa Industries Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rasa Industries's Debt-to-EBITDA distribution charts can be found below:

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


TSE:4022
73GF Score
Rasa Industries Ltd TSE:4022
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rasa Industries Debt-to-EBITDA Calculation

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

Rasa Industries'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
=(3814 + 3693) / 8093
=0.93

Rasa Industries'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
=(3814 + 3693) / 13460
=0.56

* 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 0.56 mean?
Rasa Industries (TSE:4022) has a Debt-to-EBITDA of 0.56 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 Rasa Industries. This is 75% below median its historical median of 2.25. Over the past decade, Rasa Industries' Debt-to-EBITDA has ranged from 0.93 to 4.76. According to the industry distribution chart, Rasa Industries ranks #378 out of 1245 companies in the Chemicals industry, placing it in the top 30.4%.
Is Rasa Industries' Debt-to-EBITDA too high?
Rasa Industries' current Debt-to-EBITDA of 0.56 is 75% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 4.76. The Chemicals industry median Debt-to-EBITDA is 2.11. Rasa Industries' value of 0.56 is 73.5% below this industry median. Based on the distribution chart, Rasa Industries ranks #378 out of 1245 companies in the Chemicals industry, which is above the industry midpoint. Overall, Rasa Industries has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rasa Industries' Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rasa Industries ranks #378 out of 1245 companies for Debt-to-EBITDA. This puts Rasa Industries in the upper half of its industry. The industry median Debt-to-EBITDA is 2.11. Rasa Industries' value of 0.56 is 73.5% below this benchmark. Historically, Rasa Industries' own Debt-to-EBITDA has ranged from 0.93 to 4.76 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 2.11, Rasa Industries has consistently been below 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.11, based on 1,245 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. Rasa Industries's current Debt-to-EBITDA of 0.56 is 73.5% below 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 Rasa Industries. For the Chemicals industry, the median Debt-to-EBITDA is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasa Industries's current Debt-to-EBITDA is 0.56, which is 75% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa Industries stock overvalued right now?
Based on GuruFocus' analysis, Rasa Industries (TSE:4022) is currently considered Significantly Overvalued. The stock's GF Value™ is 円609.84, compared to a current price of 円2,442.00 — trading 300.4% above its estimated fair value. The current Debt-to-EBITDA is 0.56, which is 75% below median its 10-year median of 2.25 and 73.5% below the Chemicals industry median of 2.11. Rasa Industries' overall GF Score™ is 73/100 with 5 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 Rasa Industries (TSE:4022), the current Debt-to-EBITDA is 0.56 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 Rasa Industries (TSE:4022) Overvalued in 2026?

Based on GuruFocus' analysis, Rasa Industries stock appears to be overvalued. The current stock price of 円2,442.00 is trading 300.4% above its estimated GF Value™ of 円609.84. GuruFocus considers Rasa Industries to be Significantly Overvalued.

Key valuation signals for TSE:4022:

  • Debt-to-EBITDA: 0.56 (75% below median its 10-year median of 2.25)
  • GF Value™: 円609.84 vs. price of 円2,442.00 (300.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 73.5% below the Chemicals median (#378 of 1245)

No single metric tells the full story. See the TSE:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rasa Industries Business Description

Address 1-18-13 Sotokanda, Chiyoda-ku, Tokyo, JPN, 101-0021
Rasa Industries Ltd is engaged in the chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing, and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.
73GF Score

Get the complete analysis for TSE:4022

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

円2,442.00
Price
円609.84
GF Value