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Origin Co (TSE:6513) Debt-to-EBITDA : -6.81 (As of Dec. 2023)


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What is Origin Co Debt-to-EBITDA?

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

Origin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円576 Mil. Origin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,985 Mil. Origin Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円-376 Mil. Origin Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -6.81.

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

TSE:6513' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.44   Med: 1.21   Max: 4.74
Current: -12.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Origin Co was 4.74. The lowest was -12.44. And the median was 1.21.

TSE:6513's Debt-to-EBITDA is ranked worse than
100% of 699 companies
in the Semiconductors industry
Industry Median: 1.56 vs TSE:6513: -12.44

Origin Co Debt-to-EBITDA Historical Data

The historical data trend for Origin 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.

Origin Co Debt-to-EBITDA Chart

Origin 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 1.35 0.88 2.56 0.25 0.21

Origin 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 -0.48 53.61 2.14 -4.45 -6.81

Competitive Comparison of Origin Co's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Origin 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.


Origin Co's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Origin Co's Debt-to-EBITDA distribution charts can be found below:

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



Origin Co Debt-to-EBITDA Calculation

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

Origin 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
=(303.835 + 164.261) / 2263.021
=0.21

Origin 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
=(576 + 1985) / -376
=-6.81

* 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.


Origin Co  (TSE:6513) 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.


Origin Co Debt-to-EBITDA Related Terms

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


Origin Co (TSE:6513) Business Description

Traded in Other Exchanges
N/A
Address
11-2, Shintoshin, Chuo-ku, Saitama-ken, Land Axis Tower 13th Floor, Saitama-shi, JPN, 330-6013
Origin Co Ltd is engaged in manufacturing and sales of power equipment, semiconductor devices, precision mechanical parts, system equipment and synthetic resin paints. Its business activities are divided into four divisions including Electronic, Chemitronics, Mechatronics and Components. The Electronics division promotes technological development of power supply equipment. Chemitronics division develops environmentally-friendly paints, water-based paints, benzene, solvent-based paints without toluene and xylene. The Mechatronics division develops cap sealer for semiconductor, vacuum soldering system, among others. Components division is engaged in the development of semiconductor power device technology and the development of original custom made precision mechanical parts.

Origin Co (TSE:6513) Headlines

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