GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Japan Medical Dynamic Marketing Inc (TSE:7600) » Definitions » Debt-to-EBITDA

Japan Medical Dynamic Marketing (TSE:7600) Debt-to-EBITDA : 0.52 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Japan Medical Dynamic Marketing Debt-to-EBITDA?

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

Japan Medical Dynamic Marketing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,467 Mil. Japan Medical Dynamic Marketing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円472 Mil. Japan Medical Dynamic Marketing's annualized EBITDA for the quarter that ended in Dec. 2023 was 円3,726 Mil. Japan Medical Dynamic Marketing's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.52.

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 Japan Medical Dynamic Marketing's Debt-to-EBITDA or its related term are showing as below:

TSE:7600' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.44   Med: 1.17   Max: 2.75
Current: 0.49

During the past 13 years, the highest Debt-to-EBITDA Ratio of Japan Medical Dynamic Marketing was 2.75. The lowest was 0.44. And the median was 1.17.

TSE:7600's Debt-to-EBITDA is ranked better than
68.75% of 432 companies
in the Medical Devices & Instruments industry
Industry Median: 1.26 vs TSE:7600: 0.49

Japan Medical Dynamic Marketing Debt-to-EBITDA Historical Data

The historical data trend for Japan Medical Dynamic Marketing'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.

Japan Medical Dynamic Marketing Debt-to-EBITDA Chart

Japan Medical Dynamic Marketing 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 1.01 0.89 0.44 0.56 0.46

Japan Medical Dynamic Marketing 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 0.84 0.73 0.65 0.52 0.43

Competitive Comparison of Japan Medical Dynamic Marketing's Debt-to-EBITDA

For the Medical Devices subindustry, Japan Medical Dynamic Marketing'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.


Japan Medical Dynamic Marketing's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Japan Medical Dynamic Marketing's Debt-to-EBITDA falls into.



Japan Medical Dynamic Marketing Debt-to-EBITDA Calculation

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

Japan Medical Dynamic Marketing'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
=(1199.982 + 294.449) / 3263.75
=0.46

Japan Medical Dynamic Marketing'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
=(1467.495 + 471.942) / 3725.748
=0.52

* 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.


Japan Medical Dynamic Marketing  (TSE:7600) 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.


Japan Medical Dynamic Marketing Debt-to-EBITDA Related Terms

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


Japan Medical Dynamic Marketing (TSE:7600) Business Description

Traded in Other Exchanges
Address
12-2, Ichigayadaimachi, Shinjuku-ku, Tokyo, JPN, 162-0066
Japan Medical Dynamic Marketing Inc is a Japan-based medical equipment manufacturer. The company is engaged in the development and sale of advanced medical devices. Products offered by the company include trauma devices, joint prostheses, spinal fixation devices, and artificial bone fillers. It caters its products to medical professionals and major hospitals throughout Japan. The company is also engaged in the import and sale of medical devices.

Japan Medical Dynamic Marketing (TSE:7600) Headlines

No Headlines