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Oriental Chain Mfg Co (TSE:6380) Debt-to-EBITDA : 6.64 (As of Dec. 2023)


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What is Oriental Chain Mfg Co Debt-to-EBITDA?

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

Oriental Chain Mfg Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円493 Mil. Oriental Chain Mfg Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円919 Mil. Oriental Chain Mfg Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円212 Mil. Oriental Chain Mfg Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.64.

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 Oriental Chain Mfg Co's Debt-to-EBITDA or its related term are showing as below:

TSE:6380' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.46   Med: 5.88   Max: 8.85
Current: 7.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of Oriental Chain Mfg Co was 8.85. The lowest was 3.46. And the median was 5.88.

TSE:6380's Debt-to-EBITDA is ranked worse than
86.94% of 2289 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSE:6380: 7.29

Oriental Chain Mfg Co Debt-to-EBITDA Historical Data

The historical data trend for Oriental Chain Mfg 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.

Oriental Chain Mfg Co Debt-to-EBITDA Chart

Oriental Chain Mfg Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.20 6.92 6.31 5.60 4.05

Oriental Chain Mfg Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.79 28.14 7.28 4.20 6.64

Competitive Comparison of Oriental Chain Mfg Co's Debt-to-EBITDA

For the Tools & Accessories subindustry, Oriental Chain Mfg 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.


Oriental Chain Mfg Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Oriental Chain Mfg Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Oriental Chain Mfg Co's Debt-to-EBITDA falls into.



Oriental Chain Mfg Co Debt-to-EBITDA Calculation

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

Oriental Chain Mfg Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(532.102 + 866.1) / 345.315
=4.05

Oriental Chain Mfg Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(492.544 + 918.719) / 212.496
=6.64

* 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 (Dec. 2023) EBITDA data.


Oriental Chain Mfg Co  (TSE:6380) 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.


Oriental Chain Mfg Co Debt-to-EBITDA Related Terms

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


Oriental Chain Mfg Co (TSE:6380) Business Description

Traded in Other Exchanges
N/A
Address
Hakusan Miyanagashi-Cho 485, Ishikawa Prefecture, Ishikawa, JPN, 924-0016
Oriental Chain Mfg Co Ltd is engaged in manufacturing and selling roller chains, conveyor chains, and sprockets for use in various equipment in Japan and internationally. The company's products include stainless and nickel plated, extra heavy duty, and top roller chains, as well as roller chains with outboard rollers; plastic and hollow pin among others.

Oriental Chain Mfg Co (TSE:6380) Headlines

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