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MeganTop Co., (TSE:7541) Debt-to-EBITDA : 0.13 (As of Mar. 2013)


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What is MeganTop Co., Debt-to-EBITDA?

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

MeganTop Co.,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円1,260 Mil. MeganTop Co.,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was 円345 Mil. MeganTop Co.,'s annualized EBITDA for the quarter that ended in Mar. 2013 was 円12,158 Mil. MeganTop Co.,'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 was 0.13.

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

TSE:7541's Debt-to-EBITDA is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.25
* Ranked among companies with meaningful Debt-to-EBITDA only.

MeganTop Co., Debt-to-EBITDA Historical Data

The historical data trend for MeganTop 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.

MeganTop Co., Debt-to-EBITDA Chart

MeganTop Co., Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Debt-to-EBITDA
1.28 1.16 0.62 0.31

MeganTop Co., Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.38 0.40 0.09 0.39 0.13

Competitive Comparison of MeganTop Co.,'s Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, MeganTop 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.


MeganTop Co.,'s Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MeganTop Co.,'s Debt-to-EBITDA distribution charts can be found below:

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



MeganTop Co., Debt-to-EBITDA Calculation

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

MeganTop Co.,'s Debt-to-EBITDA for the fiscal year that ended in Mar. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1181.596 + 1893.992) / 10055.696
=0.31

MeganTop Co.,'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1260 + 345.089) / 12158.392
=0.13

* 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. 2013) EBITDA data.


MeganTop Co.,  (TSE:7541) 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.


MeganTop Co., Debt-to-EBITDA Related Terms

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