Oxide (TSE:6521) Debt-to-EBITDA : 16.48 (As of Feb. 2026) — 261% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6521 Oxide Corp TSE:6521
74 GF Score
Price 円3,270.00
GF Value 円3,023.16
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Oxide Debt-to-EBITDA?

Oxide TSE:6521 +8.64% 74 Debt-to-EBITDA is 16.48 as of Feb. 2026, which is 261% above its 10-year median of 4.56. GuruFocus rates TSE:6521 with a GF Score™ of 74/100 and a GF Value™ of 円3,023.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,799 Hardware companies, Oxide ranks worse than 95.28% on this metric.

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

Oxide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円4,085 Mil. Oxide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円3,458 Mil. Oxide's annualized EBITDA for the quarter that ended in Feb. 2026 was 円458 Mil. Oxide's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 16.48.

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

TSE:6521' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5304.25   Med: 4.56   Max: 17.37
Current: 17.37

During the past 8 years, the highest Debt-to-EBITDA Ratio of Oxide was 17.37. The lowest was -5304.25. And the median was 4.56.

TSE:6521's Debt-to-EBITDA is ranked worse than
95.28% of 1799 companies
in the Hardware industry
Industry Median: 1.72 vs TSE:6521: 17.37

Oxide  (TSE:6521) 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.


Oxide Debt-to-EBITDA Related Terms


Oxide Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Oxide'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.

Oxide Debt-to-EBITDA Chart

Oxide Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Debt-to-EBITDA
Get a 7-Day Free Trial 2.87 3.40 16.50 -6.22 -5,304.25

Oxide Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -11.41 4.57 -5.60 16.48 9.62

TSE:6521 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Oxide'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.


Oxide Debt-to-EBITDA vs Hardware Industry

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

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


TSE:6521
74GF Score
Oxide Corp TSE:6521
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oxide Debt-to-EBITDA Calculation

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

Oxide's Debt-to-EBITDA for the fiscal year that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4084.948 + 3457.697) / -1.422
=-5,304.25

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4084.948 + 3457.697) / 457.632
=16.48

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 16.48 mean?
Oxide (TSE:6521) has a Debt-to-EBITDA of 16.48 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Oxide. This is 261% above median its historical median of 4.56. According to the industry distribution chart, Oxide ranks #1714 out of 1799 companies in the Hardware industry, placing it in the top 95.3%.
Is Oxide's Debt-to-EBITDA too high?
Oxide's current Debt-to-EBITDA of 16.48 is 261% above median its 10-year median of 4.56. The Hardware industry median Debt-to-EBITDA is 1.72. Oxide's value of 16.48 is 858.1% above this industry median. Based on the distribution chart, Oxide ranks #1714 out of 1799 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Oxide has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Oxide's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Oxide ranks #1714 out of 1799 companies for Debt-to-EBITDA. This places Oxide in the lower half of its industry. The industry median Debt-to-EBITDA is 1.72. Oxide's value of 16.48 is 858.1% above this benchmark. While the company's 10-year median is 4.56 vs. the industry median of 1.72, Oxide has consistently been above 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, based on 1,799 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. Oxide's current Debt-to-EBITDA of 16.48 is 858.1% above 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 Oxide. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxide's current Debt-to-EBITDA is 16.48, which is 261% above median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxide stock overvalued right now?
Based on GuruFocus' analysis, Oxide (TSE:6521) is currently considered Fairly Valued. The stock's GF Value™ is 円3,023.16, compared to a current price of 円3,270.00 — trading 8.2% above its estimated fair value. The current Debt-to-EBITDA is 16.48, which is 261% above median its 10-year median of 4.56 and 858.1% above the Hardware industry median of 1.72. Oxide's overall GF Score™ is 74/100 with 4 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 Oxide (TSE:6521), the current Debt-to-EBITDA is 16.48 as of Feb. 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 Oxide (TSE:6521) Overvalued in 2026?

Based on GuruFocus' analysis, Oxide stock appears to be overvalued. The current stock price of 円3,270.00 is trading 8.2% above its estimated GF Value™ of 円3,023.16. GuruFocus considers Oxide to be Fairly Valued.

Key valuation signals for TSE:6521:

  • Debt-to-EBITDA: 16.48 (261% above median its 10-year median of 4.56)
  • GF Value™: 円3,023.16 vs. price of 円3,270.00 (8.2% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 858.1% above the Hardware median (#1714 of 1799)

No single metric tells the full story. See the TSE:6521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oxide Business Description

Address 1747-1 Maginohara, Mukawa-cho, Yamanashi Prefecture, Hokuto, JPN, 408-0302
Oxide Corp is engaged in the development, manufacture, and sales of oxide single crystals, optical components, laser light sources, and measurement systems in the field of optics.
74GF Score

Get the complete analysis for TSE:6521

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

円3,270.00
Price
円3,023.16
GF Value