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Hitachi CableLtd. (TSE:5812) Debt-to-EBITDA : 7.40 (As of Mar. 2013)


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What is Hitachi CableLtd. Debt-to-EBITDA?

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

Hitachi CableLtd.'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円22,752 Mil. Hitachi CableLtd.'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円34,000 Mil. Hitachi CableLtd.'s annualized EBITDA for the quarter that ended in Mar. 2013 was 円7,672 Mil. Hitachi CableLtd.'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 was 7.40.

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 Hitachi CableLtd.'s Debt-to-EBITDA or its related term are showing as below:

TSE:5812' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.83
Current: 2.83

During the past 6 years, the highest Debt-to-EBITDA Ratio of Hitachi CableLtd. was 2.83. The lowest was 0.00. And the median was 0.00.

TSE:5812's Debt-to-EBITDA is not ranked
in the Industrial Products industry.
Industry Median: 1.72 vs TSE:5812: 2.83

Hitachi CableLtd. Debt-to-EBITDA Historical Data

The historical data trend for Hitachi CableLtd.'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.

Hitachi CableLtd. Debt-to-EBITDA Chart

Hitachi CableLtd. Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Debt-to-EBITDA
Get a 7-Day Free Trial 4.14 3.26 2.10 2.69 3.42

Hitachi CableLtd. Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 26.35 -69.75 1.50 27.02 7.40

Competitive Comparison of Hitachi CableLtd.'s Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Hitachi CableLtd.'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.

Hitachi CableLtd.'s Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hitachi CableLtd.'s Debt-to-EBITDA distribution charts can be found below:

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


Hitachi CableLtd. Debt-to-EBITDA Calculation

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

Hitachi CableLtd.'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
=(22752 + 34000) / 16619
=3.41

Hitachi CableLtd.'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
=(22752 + 34000) / 7672
=7.40

* 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.

Hitachi CableLtd.  (TSE:5812) 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.

Hitachi CableLtd. Debt-to-EBITDA Related Terms

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

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