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TOKYO KOKI Co (TSE:7719) Debt-to-EBITDA : 4.61 (As of May. 2024)


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What is TOKYO KOKI Co Debt-to-EBITDA?

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

TOKYO KOKI Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円404 Mil. TOKYO KOKI Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was 円222 Mil. TOKYO KOKI Co's annualized EBITDA for the quarter that ended in May. 2024 was 円136 Mil. TOKYO KOKI Co's annualized Debt-to-EBITDA for the quarter that ended in May. 2024 was 4.61.

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

TSE:7719' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.75   Med: 2.13   Max: 7.86
Current: 2.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of TOKYO KOKI Co was 7.86. The lowest was -27.75. And the median was 2.13.

TSE:7719's Debt-to-EBITDA is ranked worse than
60.71% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSE:7719: 2.45

TOKYO KOKI Co Debt-to-EBITDA Historical Data

The historical data trend for TOKYO KOKI 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.

TOKYO KOKI Co Debt-to-EBITDA Chart

TOKYO KOKI Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 2.07 4.32 -1.01 2.70

TOKYO KOKI Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 79.06 1.69 1.89 11.86 4.61

Competitive Comparison of TOKYO KOKI Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, TOKYO KOKI 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.


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

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

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



TOKYO KOKI Co Debt-to-EBITDA Calculation

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

TOKYO KOKI Co's Debt-to-EBITDA for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(429.129 + 253.181) / 252.322
=2.70

TOKYO KOKI Co's annualized Debt-to-EBITDA for the quarter that ended in May. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(404.165 + 222.157) / 135.928
=4.61

* 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 (May. 2024) EBITDA data.


TOKYO KOKI Co  (TSE:7719) 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.


TOKYO KOKI Co Debt-to-EBITDA Related Terms

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


TOKYO KOKI Co Business Description

Traded in Other Exchanges
N/A
Address
1-9 Kandasakumacho, Chiyoda-ku, Tokyo, JPN, 101-0025
TOKYO KOKI CO.LTD. is engaged in the manufacturing and sales of testing and measuring machines and systems. In addition, it is also involved in manufacturing and distribution of locking nut, locking spring, special spring, bolt and other fastening members. Its product offering includes material testing machine, component testing machine, structure testing machine, power testing machine, performance testing equipment, environmental testing equipment, high temperature/ high-pressure environment testing machine and other testing machines.

TOKYO KOKI Co Headlines

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