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Mitsubishi Gas Chemical Co (TSE:4182) Debt-to-EBITDA : 1.13 (As of Sep. 2024)


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What is Mitsubishi Gas Chemical Co Debt-to-EBITDA?

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

Mitsubishi Gas Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円71,843 Mil. Mitsubishi Gas Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円96,989 Mil. Mitsubishi Gas Chemical Co's annualized EBITDA for the quarter that ended in Sep. 2024 was 円148,888 Mil. Mitsubishi Gas Chemical Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.13.

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

TSE:4182' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.98   Med: 1.28   Max: 2.97
Current: 2.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mitsubishi Gas Chemical Co was 2.97. The lowest was 0.98. And the median was 1.28.

TSE:4182's Debt-to-EBITDA is ranked better than
51.93% of 1192 companies
in the Chemicals industry
Industry Median: 2.37 vs TSE:4182: 2.24

Mitsubishi Gas Chemical Co Debt-to-EBITDA Historical Data

The historical data trend for Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co Debt-to-EBITDA Chart

Mitsubishi Gas Chemical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.22 1.05 1.39 1.52

Mitsubishi Gas Chemical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.15 2.37 15.23 - 1.13

Competitive Comparison of Mitsubishi Gas Chemical Co's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Mitsubishi Gas Chemical 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.


Mitsubishi Gas Chemical Co's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Gas Chemical Co's Debt-to-EBITDA distribution charts can be found below:

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



Mitsubishi Gas Chemical Co Debt-to-EBITDA Calculation

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

Mitsubishi Gas Chemical 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
=(52819 + 102182) / 101684
=1.52

Mitsubishi Gas Chemical Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(71843 + 96989) / 148888
=1.13

* 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 (Sep. 2024) EBITDA data.


Mitsubishi Gas Chemical Co  (TSE:4182) 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.


Mitsubishi Gas Chemical Co Debt-to-EBITDA Related Terms

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


Mitsubishi Gas Chemical Co Business Description

Traded in Other Exchanges
Address
5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8324
Mitsubishi Gas Chemical Co Inc manufactures and sells a variety of chemicals. The company organizes itself into four primary segments based on product type. The natural gas chemicals segment, which generates the most revenue of the segments, sells methanol, ammonia, and other chemicals produced from natural gas that are used to make fertilizers, plastics, and coatings. The specialty chemicals segment sells chemicals used to produce semiconductors, liquid crystals for televisions and monitors, and resins used to make plastic products. The aromatic chemicals segment sells terephthalic acid used to produce plastic bottles. The information and advanced materials segment sells copper laminates and oxygen absorbers.

Mitsubishi Gas Chemical Co Headlines

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