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Star Mica Holdings Co (TSE:2975) Debt-to-EBITDA : 14.87 (As of Feb. 2024)


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What is Star Mica Holdings Co Debt-to-EBITDA?

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

Star Mica Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円10,260 Mil. Star Mica Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円60,025 Mil. Star Mica Holdings Co's annualized EBITDA for the quarter that ended in Feb. 2024 was 円4,726 Mil. Star Mica Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 14.87.

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 Star Mica Holdings Co's Debt-to-EBITDA or its related term are showing as below:

TSE:2975' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.02   Med: 14.2   Max: 17.28
Current: 15.71

During the past 6 years, the highest Debt-to-EBITDA Ratio of Star Mica Holdings Co was 17.28. The lowest was 4.02. And the median was 14.20.

TSE:2975's Debt-to-EBITDA is ranked worse than
80.38% of 1249 companies
in the Real Estate industry
Industry Median: 6.02 vs TSE:2975: 15.71

Star Mica Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for Star Mica Holdings 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.

Star Mica Holdings Co Debt-to-EBITDA Chart

Star Mica Holdings Co Annual Data
Trend Apr18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
Get a 7-Day Free Trial 15.88 17.28 13.59 10.72 14.81

Star Mica Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 12.86 12.78 13.88 23.42 14.87

Competitive Comparison of Star Mica Holdings Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Star Mica Holdings 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.


Star Mica Holdings Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Star Mica Holdings Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Star Mica Holdings Co's Debt-to-EBITDA falls into.



Star Mica Holdings Co Debt-to-EBITDA Calculation

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

Star Mica Holdings Co's Debt-to-EBITDA for the fiscal year that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10225.576 + 58883.126) / 4665.309
=14.81

Star Mica Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10259.715 + 60024.999) / 4725.66
=14.87

* 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 (Feb. 2024) EBITDA data.


Star Mica Holdings Co  (TSE:2975) 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.


Star Mica Holdings Co Debt-to-EBITDA Related Terms

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


Star Mica Holdings Co (TSE:2975) Business Description

Traded in Other Exchanges
N/A
Address
Shiroyama Trust Tower, 4-3-1 Toranomon, 28th FLoor, Minato-ku, Tokyo, JPN, 105-6028
Star Mica Holdings Co Ltd is a Japanese based company engaged in providing real estate services. It offers real estate renovation, real estate investment business, advisory business and other services.

Star Mica Holdings Co (TSE:2975) Headlines

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