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Godo Steel (TSE:5410) Debt-to-EBITDA : 3.43 (As of Dec. 2023)


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What is Godo Steel Debt-to-EBITDA?

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

Godo Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円41,780 Mil. Godo Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円31,491 Mil. Godo Steel's annualized EBITDA for the quarter that ended in Dec. 2023 was 円21,356 Mil. Godo Steel's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.43.

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

TSE:5410' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.48   Med: 5.06   Max: 18.25
Current: 3.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Godo Steel was 18.25. The lowest was 3.48. And the median was 5.06.

TSE:5410's Debt-to-EBITDA is ranked worse than
58.7% of 494 companies
in the Steel industry
Industry Median: 2.675 vs TSE:5410: 3.48

Godo Steel Debt-to-EBITDA Historical Data

The historical data trend for Godo Steel'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.

Godo Steel Debt-to-EBITDA Chart

Godo Steel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.96 4.24 4.42 16.82 3.78

Godo Steel 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 3.21 3.74 3.36 3.85 3.43

Competitive Comparison of Godo Steel's Debt-to-EBITDA

For the Steel subindustry, Godo Steel'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.


Godo Steel's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Godo Steel's Debt-to-EBITDA distribution charts can be found below:

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



Godo Steel Debt-to-EBITDA Calculation

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

Godo Steel'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
=(45318 + 30954) / 20203
=3.78

Godo Steel'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
=(41780 + 31491) / 21356
=3.43

* 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.


Godo Steel  (TSE:5410) 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.


Godo Steel Debt-to-EBITDA Related Terms

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


Godo Steel (TSE:5410) Business Description

Traded in Other Exchanges
N/A
Address
Toyobo Building 8th Floor, 2-2-8Doujima-hama Kita-ku, Osaka-shi, Osaka, JPN, 5300004
Godo Steel Ltd manufactures and sells steel products in Japan and internationally. The company offers wire rods for tire chains, stapler needles, and fencing applications; large and middle shapes that are used in construction, civil engineering, and other sectors; structural bars, which are used as materials for making parts of construction and industrial machinery, ships, and other equipment; and rails. It also provides deformed bars that are used as construction and civil engineering materials; EG joints and anchor plates; and billets. In addition, the company offers reinforcing bars, wire products, firebricks, and ballasts; trucking services; and industrial waste disposal services.

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