Yakult Honsha Co (TSE:2267) Debt-to-EBITDA

: 0.62 (As of Dec. 2023)

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

Yakult Honsha Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円54,559 Mil. Yakult Honsha Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円11,726 Mil. Yakult Honsha Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円107,264 Mil. Yakult Honsha Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.62.

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

TSE:2267' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.74 Med: 1.57 Max: 1.94
Current: 0.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yakult Honsha Co was 1.94. The lowest was 0.74. And the median was 1.57.

TSE:2267's Debt-to-EBITDA is ranked better than
51.9% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.97 vs TSE:2267: 0.86

Yakult Honsha Co Debt-to-EBITDA Historical Data

The historical data trend for Yakult Honsha 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.

Yakult Honsha Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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1.59

1.42

1.21

0.88

0.74

Yakult Honsha 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															0.61	2.44	0.74	0.71	0.62

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Yakult Honsha 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.

Yakult Honsha Co Debt-to-EBITDA Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Yakult Honsha Co's Debt-to-EBITDA distribution charts can be found below:

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

Yakult Honsha Co Debt-to-EBITDA Calculation

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

Yakult Honsha Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(54743	+	22396)	/	104528
	=	0.74

Yakult Honsha 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
	=	(54559	+	11726)	/	107264
	=	0.62

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.

Yakult Honsha Co (TSE:2267) 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.

Yakult Honsha Co Debt-to-EBITDA Related Terms

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

Yakult Honsha Co (TSE:2267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Yakult Honsha Co Ltd (TSE:2267) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

YKLTY:USA YKH:Germany

Address

1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0021

Website

http://www.yakult.co.jp

Yakult is a pioneer in probiotics, which launched the probiotic drinks Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei strain Shirota, a strain of lactic acid bacteria proved to be able to live in intestines, in 1930. It operates in 40 countries across four continents selling mainly the Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets comprise 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the U.S. It also operates a pharmaceutical business with an emphasis on oncology drugs.

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