GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tomen Electronics Corporation (TSE:7558) » Definitions » Debt-to-EBITDA

Tomen Electronics (TSE:7558) Debt-to-EBITDA : 3.77 (As of Sep. 2014)


View and export this data going back to . Start your Free Trial

What is Tomen Electronics Debt-to-EBITDA?

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

Tomen Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was 円14,119 Mil. Tomen Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was 円3,000 Mil. Tomen Electronics's annualized EBITDA for the quarter that ended in Sep. 2014 was 円4,536 Mil. Tomen Electronics's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was 3.77.

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

TSE:7558's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.8
* Ranked among companies with meaningful Debt-to-EBITDA only.

Tomen Electronics Debt-to-EBITDA Historical Data

The historical data trend for Tomen Electronics'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.

Tomen Electronics Debt-to-EBITDA Chart

Tomen Electronics Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Debt-to-EBITDA
Get a 7-Day Free Trial 2.72 1.82 2.28 3.75 3.68

Tomen Electronics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 6.63 4.62 2.48 15.87 3.77

Competitive Comparison of Tomen Electronics's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, Tomen Electronics'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.


Tomen Electronics's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Tomen Electronics Debt-to-EBITDA Calculation

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

Tomen Electronics's Debt-to-EBITDA for the fiscal year that ended in Mar. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(13224 + 1500) / 3999
=3.68

Tomen Electronics's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14119 + 3000) / 4536
=3.77

* 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 (Sep. 2014) EBITDA data.


Tomen Electronics  (TSE:7558) 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.


Tomen Electronics Debt-to-EBITDA Related Terms

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


Tomen Electronics (TSE:7558) Business Description

Traded in Other Exchanges
N/A
Address
Tomen Electronics Corporation is an importer, exporter, and distributor of electronic devices which includes semiconductor, storage and communication unit components, software and others. The company is segmented into Automotive; Consumer; Imaging; Information and communications; Industrial Equipment; Power Electronics and Amusement.

Tomen Electronics (TSE:7558) Headlines

No Headlines