ispace (TSE:9348) Debt-to-EBITDA : -1.10 (As of Dec. 2023)

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What is ispace Debt-to-EBITDA?

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

ispace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,450 Mil. ispace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円6,571 Mil. ispace's annualized EBITDA for the quarter that ended in Dec. 2023 was 円-9,076 Mil. ispace's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.10.

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

TSE:9348' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.6 Med: -0.58 Max: -0.09
Current: -6.32

During the past 4 years, the highest Debt-to-EBITDA Ratio of ispace was -0.09. The lowest was -6.60. And the median was -0.58.

TSE:9348's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs TSE:9348: -6.32

ispace Debt-to-EBITDA Historical Data

The historical data trend for ispace'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.

ispace Debt-to-EBITDA Chart

ispace Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

-0.09

-0.55

-0.61

-6.60

ispace Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			-1.06	-0.95	0.67	-1.10	-2.29

Competitive Comparison of ispace's Debt-to-EBITDA

For the Computer Hardware subindustry, ispace'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.

ispace's Debt-to-EBITDA Distribution in the Hardware Industry

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

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

ispace Debt-to-EBITDA Calculation

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

ispace's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(5980	+	6538.241)	/	-1896.262
	=	-6.60

ispace'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
	=	(3450	+	6570.888)	/	-9076.372
	=	-1.10

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.

ispace (TSE:9348) 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.

ispace Debt-to-EBITDA Related Terms

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

ispace (TSE:9348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ispace inc (TSE:9348) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007

Website

https://www.ispace-inc.com

ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.

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