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Asahi Intecc Co (Asahi Intecc Co) Debt-to-EBITDA : 0.37 (As of Dec. 2023)


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What is Asahi Intecc Co Debt-to-EBITDA?

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

Asahi Intecc Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $52.8 Mil. Asahi Intecc Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.6 Mil. Asahi Intecc Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $146.4 Mil. Asahi Intecc Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.36.

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

AHICF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 0.53   Max: 1.25
Current: 0.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asahi Intecc Co was 1.25. The lowest was 0.33. And the median was 0.53.

AHICF's Debt-to-EBITDA is ranked better than
76.51% of 430 companies
in the Medical Devices & Instruments industry
Industry Median: 1.225 vs AHICF: 0.36

Asahi Intecc Co Debt-to-EBITDA Historical Data

The historical data trend for Asahi Intecc 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.

Asahi Intecc Co Debt-to-EBITDA Chart

Asahi Intecc Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.47 0.44 0.52 0.53

Asahi Intecc Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.73 0.54 1.99 0.32 0.37

Competitive Comparison of Asahi Intecc Co's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, Asahi Intecc 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.


Asahi Intecc Co's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's Debt-to-EBITDA distribution charts can be found below:

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



Asahi Intecc Co Debt-to-EBITDA Calculation

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

Asahi Intecc Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(73.296 + 27.533) / 189.321
=0.53

Asahi Intecc Co'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
=(52.785 + 0.611) / 146.352
=0.36

* 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. 2023) EBITDA data.


Asahi Intecc Co  (OTCPK:AHICF) 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.


Asahi Intecc Co Debt-to-EBITDA Related Terms

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


Asahi Intecc Co (Asahi Intecc Co) Business Description

Traded in Other Exchanges
Address
1703 Wakita-cho, Nagoya, JPN
Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

Asahi Intecc Co (Asahi Intecc Co) Headlines

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