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Tohoku Steel Co (TSE:5484) Debt-to-EBITDA : N/A (As of Sep. 2024)


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What is Tohoku Steel Co Debt-to-EBITDA?

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

Tohoku Steel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円0 Mil. Tohoku Steel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円0 Mil. Tohoku Steel Co's annualized EBITDA for the quarter that ended in Sep. 2024 was 円0 Mil.

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 Tohoku Steel Co's Debt-to-EBITDA or its related term are showing as below:

TSE:5484's Debt-to-EBITDA is not ranked *
in the Steel industry.
Industry Median: 2.88
* Ranked among companies with meaningful Debt-to-EBITDA only.

Tohoku Steel Co Debt-to-EBITDA Historical Data

The historical data trend for Tohoku Steel 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.

Tohoku Steel Co Debt-to-EBITDA Chart

Tohoku Steel Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
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Tohoku Steel Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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Competitive Comparison of Tohoku Steel Co's Debt-to-EBITDA

For the Steel subindustry, Tohoku Steel 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.


Tohoku Steel Co's Debt-to-EBITDA Distribution in the Steel Industry

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

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



Tohoku Steel Co Debt-to-EBITDA Calculation

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

Tohoku Steel 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
=(0 + 0) / 2119.364
=0.00

Tohoku Steel Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 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 (Sep. 2024) EBITDA data.


Tohoku Steel Co  (TSE:5484) 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.


Tohoku Steel Co Debt-to-EBITDA Related Terms

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


Tohoku Steel Co Business Description

Traded in Other Exchanges
N/A
Address
23 Nishigaoka, Murata-machi, Shibata-gun, Miyagi, Murata, JPN, 989-1393
Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.

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