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Arnest One (TSE:8895) Debt-to-EBITDA : 1.03 (As of Dec. 2013)


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What is Arnest One Debt-to-EBITDA?

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

Arnest One's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was 円19,571 Mil. Arnest One's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was 円1,573 Mil. Arnest One's annualized EBITDA for the quarter that ended in Dec. 2013 was 円20,624 Mil. Arnest One's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 was 1.03.

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 Arnest One's Debt-to-EBITDA or its related term are showing as below:

TSE:8895's Debt-to-EBITDA is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 2.52
* Ranked among companies with meaningful Debt-to-EBITDA only.

Arnest One Debt-to-EBITDA Historical Data

The historical data trend for Arnest One'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.

Arnest One Debt-to-EBITDA Chart

Arnest One Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -1.58 0.40 0.50 0.27 0.37

Arnest One Quarterly Data
Mar05 Mar06 Mar07 Mar08 Mar10 Mar11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 - 0.39 1.35 0.77 1.03

Competitive Comparison of Arnest One's Debt-to-EBITDA

For the Residential Construction subindustry, Arnest One'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.


Arnest One's Debt-to-EBITDA Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Arnest One's Debt-to-EBITDA distribution charts can be found below:

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



Arnest One Debt-to-EBITDA Calculation

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

Arnest One's Debt-to-EBITDA for the fiscal year 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
=(7016 + 0) / 18889
=0.37

Arnest One's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19571 + 1573) / 20624
=1.03

* 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. 2013) EBITDA data.


Arnest One  (TSE:8895) 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.


Arnest One Debt-to-EBITDA Related Terms

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


Arnest One (TSE:8895) Business Description

Traded in Other Exchanges
N/A
Address
3-2-22 Kitahara-cho, Nishi-tokyo-shi, Tokyo, JPN, 188-0003
Arnest One Corp is a Japanese company mainly engaged in subdividing and selling single-family home and condominiums. The company also provides construction works as a contractor. Its business is classified into three groups, Single-Family Homes, Condominiums and other related business.

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