AirTrip (TSE:6191) Debt-to-EBITDA : 1.78 (As of Jun. 2026) — Near Median

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TSE:6191 AirTrip Corp TSE:6191
78 GF Score
Price 円835.00
GF Value 円1,350.31
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is AirTrip Debt-to-EBITDA?

AirTrip TSE:6191 -0.48% 78 Debt-to-EBITDA is 1.78 as of Jun. 2026, which is 2% above its 10-year median of 1.74. GuruFocus rates TSE:6191 with a GF Score™ of 78/100 and a GF Value™ of 円1,350.31 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 655 Travel & Leisure companies, AirTrip ranks better than 59.39% on this metric.

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

AirTrip's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円2,954 Mil. AirTrip's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円3,927 Mil. AirTrip's annualized EBITDA for the quarter that ended in Jun. 2026 was 円3,868 Mil. AirTrip's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.78.

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

TSE:6191' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.94   Med: 1.74   Max: 7.95
Current: 1.75

During the past 11 years, the highest Debt-to-EBITDA Ratio of AirTrip was 7.95. The lowest was -1.94. And the median was 1.74.

TSE:6191's Debt-to-EBITDA is ranked better than
59.39% of 655 companies
in the Travel & Leisure industry
Industry Median: 2.4 vs TSE:6191: 1.75

AirTrip  (TSE:6191) 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.


AirTrip Debt-to-EBITDA Related Terms


AirTrip Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for AirTrip'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.

AirTrip Debt-to-EBITDA Chart

AirTrip Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 2.55 2.07 1.40 1.42

AirTrip Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.76 -27.70 1.15 1.12 1.78

TSE:6191 vs BKNG, ABNB, RCL: Debt-to-EBITDA Comparison

For the Travel Services subindustry, AirTrip'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.


AirTrip Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, AirTrip's Debt-to-EBITDA distribution charts can be found below:

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


TSE:6191
78GF Score
AirTrip Corp TSE:6191
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AirTrip Debt-to-EBITDA Calculation

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

AirTrip's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1768 + 2664) / 3131
=1.42

AirTrip's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2954 + 3927) / 3868
=1.78

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.78 mean?
AirTrip (TSE:6191) has a Debt-to-EBITDA of 1.78 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AirTrip. This is near median its historical median of 1.74. According to the industry distribution chart, AirTrip ranks #266 out of 655 companies in the Travel & Leisure industry, placing it in the top 40.6%.
Is AirTrip's Debt-to-EBITDA too high?
AirTrip's current Debt-to-EBITDA of 1.78 is near median its 10-year median of 1.74. The Travel & Leisure industry median Debt-to-EBITDA is 2.40. AirTrip's value of 1.78 is 25.8% below this industry median. Based on the distribution chart, AirTrip ranks #266 out of 655 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, AirTrip has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AirTrip's Debt-to-EBITDA compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, AirTrip ranks #266 out of 655 companies for Debt-to-EBITDA. This puts AirTrip in the upper half of its industry. The industry median Debt-to-EBITDA is 2.40. AirTrip's value of 1.78 is 25.8% below this benchmark. While the company's 10-year median is 1.74 vs. the industry median of 2.40, AirTrip has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.40, based on 655 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AirTrip's current Debt-to-EBITDA of 1.78 is 25.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AirTrip. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirTrip's current Debt-to-EBITDA is 1.78, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirTrip stock overvalued right now?
Based on GuruFocus' analysis, AirTrip (TSE:6191) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,350.31, compared to a current price of 円835.00 — trading 38.2% below its estimated fair value. The current Debt-to-EBITDA is 1.78, which is near median its 10-year median of 1.74 and 25.8% below the Travel & Leisure industry median of 2.40. AirTrip's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For AirTrip (TSE:6191), the current Debt-to-EBITDA is 1.78 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AirTrip (TSE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, AirTrip stock appears to be undervalued. The current stock price of 円835.00 is trading 38.2% below its estimated GF Value™ of 円1,350.31. GuruFocus considers AirTrip to be Significantly Undervalued.

Key valuation signals for TSE:6191:

  • Debt-to-EBITDA: 1.78 (near median its 10-year median of 1.74)
  • GF Value™: 円1,350.31 vs. price of 円835.00 (38.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 25.8% below the Travel & Leisure median (#266 of 655)

No single metric tells the full story. See the TSE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirTrip Business Description

Address 2-5-1, Atago, 19th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-6219
AirTrip Corp operates an online travel agency in Japan. The company also provides tourism services. In addition, it offers offshore IT development services, including laboratory offshore development and BPO services. Further, the company engages in the investment business. The group operates in three main business pillars: online travel business, IT offshore development business, and investment business.
78GF Score

Get the complete analysis for TSE:6191

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円835.00
Price
円1,350.31
GF Value