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Techno Quartz (TSE:5217) Debt-to-EBITDA : 0.94 (As of Mar. 2024)


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What is Techno Quartz Debt-to-EBITDA?

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

Techno Quartz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2,088 Mil. Techno Quartz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,992 Mil. Techno Quartz's annualized EBITDA for the quarter that ended in Mar. 2024 was 円4,334 Mil. Techno Quartz's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.94.

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

TSE:5217's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Techno Quartz Debt-to-EBITDA Historical Data

The historical data trend for Techno Quartz'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.

Techno Quartz Debt-to-EBITDA Chart

Techno Quartz 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 1.08 0.63 0.42 0.71 0.79

Techno Quartz 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 1.06 1.31 1.13 1.06 0.94

Competitive Comparison of Techno Quartz's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Techno Quartz'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.


Techno Quartz's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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


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Techno Quartz Debt-to-EBITDA Calculation

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

Techno Quartz'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
=(2088.242 + 1991.843) / 5148.053
=0.79

Techno Quartz'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
=(2088.242 + 1991.843) / 4334.452
=0.94

* 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.


Techno Quartz  (TSE:5217) 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.


Techno Quartz Debt-to-EBITDA Related Terms

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


Techno Quartz Business Description

Traded in Other Exchanges
N/A
Address
1-32-2 Honcho, Harmony Tower 12th floor, Nakano-ku, Tokyo, JPN, 164-0012
Techno Quartz Inc is engaged in the manufacturing of semiconductors, LCD, and optics. The products of the company include vertical quartz boat, bell jar, gas distribution plate, and quartz ring.

Techno Quartz Headlines

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