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Nansin Co (TSE:7399) Debt-to-EBITDA : 5.17 (As of Dec. 2023)


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What is Nansin Co Debt-to-EBITDA?

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

Nansin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,750 Mil. Nansin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円117 Mil. Nansin Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円361 Mil. Nansin Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.17.

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

TSE:7399' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.37   Med: 0.59   Max: 2.81
Current: 2.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nansin Co was 2.81. The lowest was 0.37. And the median was 0.59.

TSE:7399's Debt-to-EBITDA is ranked worse than
62.33% of 2288 companies
in the Industrial Products industry
Industry Median: 1.705 vs TSE:7399: 2.59

Nansin Co Debt-to-EBITDA Historical Data

The historical data trend for Nansin 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.

Nansin Co Debt-to-EBITDA Chart

Nansin 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 0.49 1.07 2.64 2.81 1.93

Nansin 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 1.86 0.98 12.18 6.38 5.17

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

For the Tools & Accessories subindustry, Nansin 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.


Nansin Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Nansin Co Debt-to-EBITDA Calculation

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

Nansin 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
=(1830.686 + 171.443) / 1035.662
=1.93

Nansin 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
=(1750 + 116.512) / 360.976
=5.17

* 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.


Nansin Co  (TSE:7399) 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.


Nansin Co Debt-to-EBITDA Related Terms

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


Nansin Co (TSE:7399) Business Description

Traded in Other Exchanges
N/A
Address
1-17-4, Nihombashi Ningyo-cho, JPR Ningyocho Building, Chuo-ku, Tokyo, JPN, 103-0013
Nansin Co Ltd is a Japan based company engaged in the business of manufacturing and selling casters and related products. The product portfolio of the company includes casters, material handling equipment, rubber and plastic products, die-casting products, and molded products. It offers caster products covering different types such as general caster, industrial caster, medical caster, heavy duty caster, stem caster and towing caster, among others.

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