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Tohpe (TSE:4614) Debt-to-EBITDA : 32.81 (As of Mar. 2013)


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What is Tohpe Debt-to-EBITDA?

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

Tohpe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円4,700 Mil. Tohpe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円1,083 Mil. Tohpe's annualized EBITDA for the quarter that ended in Mar. 2013 was 円176 Mil. Tohpe's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 was 32.81.

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

TSE:4614's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 2.28
* Ranked among companies with meaningful Debt-to-EBITDA only.

Tohpe Debt-to-EBITDA Historical Data

The historical data trend for Tohpe'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.

Tohpe Debt-to-EBITDA Chart

Tohpe Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Debt-to-EBITDA
Get a 7-Day Free Trial -6.53 25.95 15.80 46.95 10.81

Tohpe Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -2,160.14 37.01 5.70 63.72 32.81

Competitive Comparison of Tohpe's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Tohpe'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.


Tohpe's Debt-to-EBITDA Distribution in the Chemicals Industry

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

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



Tohpe Debt-to-EBITDA Calculation

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

Tohpe's Debt-to-EBITDA for the fiscal year that ended in Mar. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4700.218 + 1082.949) / 535.051
=10.81

Tohpe's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4700.218 + 1082.949) / 176.26
=32.81

* 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. 2013) EBITDA data.


Tohpe  (TSE:4614) 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.


Tohpe Debt-to-EBITDA Related Terms

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


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