Okaya Electric Industries Co (TSE:6926) Debt-to-EBITDA : -43.71 (As of Mar. 2026)

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TSE:6926 Okaya Electric Industries Co Ltd TSE:6926
53 GF Score
Price 円189.00
GF Value 円183.95
Valuation Fairly Valued
! 5 Warning Signs
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What is Okaya Electric Industries Co Debt-to-EBITDA?

Okaya Electric Industries Co TSE:6926 +0.53% 53 Debt-to-EBITDA is -43.71 as of Mar. 2026. GuruFocus rates TSE:6926 with a GF Score™ of 53/100 and a GF Value™ of 円183.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,808 Hardware companies, Okaya Electric Industries Co ranks worse than 55309.68% on this metric.

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

Okaya Electric Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円2,535 Mil. Okaya Electric Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円1,923 Mil. Okaya Electric Industries Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円-102 Mil. Okaya Electric Industries Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -43.71.

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

TSE:6926' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -118.15   Med: 2.77   Max: 17.53
Current: -3.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Okaya Electric Industries Co was 17.53. The lowest was -118.15. And the median was 2.77.

TSE:6926's Debt-to-EBITDA is ranked worse than
100% of 1808 companies
in the Hardware industry
Industry Median: 1.64 vs TSE:6926: -3.85

Okaya Electric Industries Co  (TSE:6926) 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.


Okaya Electric Industries Co Debt-to-EBITDA Related Terms


Okaya Electric Industries Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Okaya Electric Industries 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.

Okaya Electric Industries Co Debt-to-EBITDA Chart

Okaya Electric Industries Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -118.15 4.18 7.50 -3.14 -3.61

Okaya Electric Industries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 -2.00 -3.33 -2.80 -43.71 -2.65

TSE:6926 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Okaya Electric Industries 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.


Okaya Electric Industries Co Debt-to-EBITDA vs Hardware Industry

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

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


TSE:6926
53GF Score
Okaya Electric Industries Co Ltd TSE:6926
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okaya Electric Industries Co Debt-to-EBITDA Calculation

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

Okaya Electric Industries Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2535.166 + 1922.884) / -1234.192
=-3.61

Okaya Electric Industries Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2535.166 + 1922.884) / -101.984
=-43.71

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -43.71 mean?
Okaya Electric Industries Co (TSE:6926) has a Debt-to-EBITDA of -43.71 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Okaya Electric Industries Co. According to the industry distribution chart, Okaya Electric Industries Co ranks #999999 out of 1808 companies in the Hardware industry.
Is Okaya Electric Industries Co's Debt-to-EBITDA too high?
Okaya Electric Industries Co's current Debt-to-EBITDA is -43.71. Based on the distribution chart, Okaya Electric Industries Co ranks #999999 out of 1808 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Okaya Electric Industries Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okaya Electric Industries Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Okaya Electric Industries Co ranks #999999 out of 1808 companies for Debt-to-EBITDA. This places Okaya Electric Industries Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. 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 1.64, based on 1,808 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. 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 Okaya Electric Industries Co. For the Hardware industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okaya Electric Industries Co's current Debt-to-EBITDA is -43.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okaya Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okaya Electric Industries Co (TSE:6926) is currently considered Fairly Valued. The stock's GF Value™ is 円183.95, compared to a current price of 円189.00 — trading 2.7% above its estimated fair value. The current Debt-to-EBITDA is -43.71. Okaya Electric Industries Co's overall GF Score™ is 53/100 with 5 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 Okaya Electric Industries Co (TSE:6926), the current Debt-to-EBITDA is -43.71 as of Mar. 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 Okaya Electric Industries Co (TSE:6926) Overvalued in 2026?

Based on GuruFocus' analysis, Okaya Electric Industries Co stock appears to be overvalued. The current stock price of 円189.00 is trading 2.7% above its estimated GF Value™ of 円183.95. GuruFocus considers Okaya Electric Industries Co to be Fairly Valued.

Key valuation signals for TSE:6926:

  • Debt-to-EBITDA: -43.71
  • GF Value™: 円183.95 vs. price of 円189.00 (2.7% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the TSE:6926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okaya Electric Industries Co Business Description

Address 6-16-9 Todoroki, Setagaya-ku, Tokyo, JPN, 158-8543
Okaya Electric Industries Co Ltd engages in the design, manufacture, and sale of electric components and equipment. Its product category includes: Noise-related Products, Surge-related Products, LED related Products, Sensor-related Products. Noise-related Products includes noise suppression capacitors, high pulse & snubber capacitors, spark quenchers, noise filters, and coil filters. Surge-related Products include surge absorbers. LED related Products covers LED lighting devices, LED indicators, and field sequential multi-color liquid crystal display (LCD) module. The Sensor-related Products consist light emitting diode (LED) sensors. The Other Noise products segment provides coil filters.
53GF Score

Get the complete analysis for TSE:6926

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

円189.00
Price
円183.95
GF Value