Kanto Denka Kogyo Co (TSE:4047) Debt-to-EBITDA : 207.25 (As of Dec. 2023)

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What is Kanto Denka Kogyo Co Debt-to-EBITDA?

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

Kanto Denka Kogyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円13,251 Mil. Kanto Denka Kogyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円29,027 Mil. Kanto Denka Kogyo Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円204 Mil. Kanto Denka Kogyo Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 207.25.

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

TSE:4047' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.03 Med: 1.68 Max: 11.93
Current: 11.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kanto Denka Kogyo Co was 11.93. The lowest was 1.03. And the median was 1.68.

TSE:4047's Debt-to-EBITDA is ranked worse than
89.7% of 1214 companies
in the Chemicals industry
Industry Median: 2.35 vs TSE:4047: 11.93

Kanto Denka Kogyo Co Debt-to-EBITDA Historical Data

The historical data trend for Kanto Denka Kogyo 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.

Kanto Denka Kogyo Co Debt-to-EBITDA Chart

Kanto Denka Kogyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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1.42

1.65

2.22

1.70

1.76

Kanto Denka Kogyo Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															2.71	3.41	-24.61	7.87	207.25

Competitive Comparison of Kanto Denka Kogyo Co's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Kanto Denka Kogyo 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.

Kanto Denka Kogyo Co's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kanto Denka Kogyo Co's Debt-to-EBITDA distribution charts can be found below:

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

Kanto Denka Kogyo Co Debt-to-EBITDA Calculation

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

Kanto Denka Kogyo Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(11565	+	26226)	/	21440
	=	1.76

Kanto Denka Kogyo Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(13251	+	29027)	/	204
	=	207.25

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 (Dec. 2023) EBITDA data.

Kanto Denka Kogyo Co (TSE:4047) 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.

Kanto Denka Kogyo Co Debt-to-EBITDA Related Terms

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

Kanto Denka Kogyo Co (TSE:4047) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kanto Denka Kogyo Co Ltd (TSE:4047) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-2 Marunouchi, Chiyoda-ku, Yusen Building, Tokyo, JPN, 100-0005

Website

http://www.kantodenka.co.jp

Kanto Denka Kogyo Co Ltd is a Japan-based company, engages in the production of a chemical product. It operates through Fundamental Chemicals and Fine Chemicals divisions. The Fundamental Chemicals offers caustic soda, hydrochloric acid, sodium hypochlorite, aluminum chloride, trichloroethylene, perchloroethylene, vinylidene chloride, cyclohexanol. The Fine Chemicals division offers reprographics carriers, magnetite, sulfur hexafluoride, carbon tetrafluoride, trifluoromethane, hexafluoroethane, nitrogen trifluoride, among others.

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