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Nomura Research Institute (Nomura Research Institute) Debt-to-EBITDA : 1.78 (As of Mar. 2024)


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What is Nomura Research Institute Debt-to-EBITDA?

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

Nomura Research Institute's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $162 Mil. Nomura Research Institute's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,831 Mil. Nomura Research Institute's annualized EBITDA for the quarter that ended in Mar. 2024 was $1,120 Mil. Nomura Research Institute's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.78.

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 Nomura Research Institute's Debt-to-EBITDA or its related term are showing as below:

NRILY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.61   Med: 1.11   Max: 1.74
Current: 1.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nomura Research Institute was 1.74. The lowest was 0.61. And the median was 1.11.

NRILY's Debt-to-EBITDA is ranked worse than
62.73% of 1599 companies
in the Software industry
Industry Median: 1.04 vs NRILY: 1.74

Nomura Research Institute Debt-to-EBITDA Historical Data

The historical data trend for Nomura Research Institute'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.

Nomura Research Institute Debt-to-EBITDA Chart

Nomura Research Institute Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.34 1.67 1.49 1.74

Nomura Research Institute Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.49 1.62 1.51 1.65 1.78

Competitive Comparison of Nomura Research Institute's Debt-to-EBITDA

For the Information Technology Services subindustry, Nomura Research Institute'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.


Nomura Research Institute's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Nomura Research Institute's Debt-to-EBITDA distribution charts can be found below:

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



Nomura Research Institute Debt-to-EBITDA Calculation

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

Nomura Research Institute'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
=(161.782 + 1830.881) / 1148.315
=1.74

Nomura Research Institute's annualized Debt-to-EBITDA for the quarter 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
=(161.782 + 1830.881) / 1120.368
=1.78

* 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. 2024) EBITDA data.


Nomura Research Institute  (OTCPK:NRILY) 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.


Nomura Research Institute Debt-to-EBITDA Related Terms

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


Nomura Research Institute (Nomura Research Institute) Business Description

Traded in Other Exchanges
Address
1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
Nomura Research Institute Ltd provides Consulting, Financial IT solutions, Industrial IT solutions and IT platform services. Its consulting service includes management and systems consulting. Financial IT solutions consists of securities, banking and insurance business. Industrial IT solutions cover distribution and healthcare business and manufacturing and service industries. IT platform services include IT infrastructure, System management and advanced information technology solutions.

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