Toyo Asano Foundation Co (TSE:5271) Debt-to-EBITDA : 6.41 (As of Nov. 2023)

Toyo Asano Foundation Co Debt-to-EBITDA Chart

Toyo Asano Foundation Co Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Debt-to-EBITDA		Get a 7-Day Free Trial					3.30	7.58	6.68	7.38	10.05

Toyo Asano Foundation Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-EBITDA	Get a 7-Day Free Trial															-33.51	-4.65	4.87	5.43	6.41

Competitive Comparison of Toyo Asano Foundation Co's Debt-to-EBITDA

For the Building Products & Equipment subindustry, Toyo Asano Foundation 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.

Toyo Asano Foundation Co's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Toyo Asano Foundation Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Toyo Asano Foundation Co's Debt-to-EBITDA falls into.

Toyo Asano Foundation Co Debt-to-EBITDA Calculation

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

Toyo Asano Foundation Co's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Toyo Asano Foundation Co's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

* 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 (Nov. 2023) EBITDA data.

Toyo Asano Foundation Co  (TSE:5271) 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.

Toyo Asano Foundation Co Debt-to-EBITDA Related Terms

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Toyo Asano Foundation Co (TSE:5271) Business Description