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Hagihara Industries (TSE:7856) Debt-to-EBITDA : 2.49 (As of Jan. 2024)


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What is Hagihara Industries Debt-to-EBITDA?

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

Hagihara Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円2,229 Mil. Hagihara Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円4,199 Mil. Hagihara Industries's annualized EBITDA for the quarter that ended in Jan. 2024 was 円2,579 Mil. Hagihara Industries's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 2.49.

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 Hagihara Industries's Debt-to-EBITDA or its related term are showing as below:

TSE:7856' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.26   Med: 0.61   Max: 2.25
Current: 2.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hagihara Industries was 2.25. The lowest was 0.26. And the median was 0.61.

TSE:7856's Debt-to-EBITDA is ranked better than
54.7% of 808 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.83 vs TSE:7856: 2.25

Hagihara Industries Debt-to-EBITDA Historical Data

The historical data trend for Hagihara Industries'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.

Hagihara Industries Debt-to-EBITDA Chart

Hagihara Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.52 0.64 1.58 1.09

Hagihara Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.47 1.35 1.96 2.87 2.49

Competitive Comparison of Hagihara Industries's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Hagihara Industries'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.


Hagihara Industries's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hagihara Industries's Debt-to-EBITDA distribution charts can be found below:

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



Hagihara Industries Debt-to-EBITDA Calculation

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

Hagihara Industries's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2314.843 + 4374.922) / 6135.139
=1.09

Hagihara Industries's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2229.306 + 4198.766) / 2579.424
=2.49

* 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 (Jan. 2024) EBITDA data.


Hagihara Industries  (TSE:7856) 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.


Hagihara Industries Debt-to-EBITDA Related Terms

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


Hagihara Industries (TSE:7856) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Mizushima Nakadori, Kurashiki-Shi, Okayama, JPN, 712-8502
Hagihara Industries Inc is a Japan-based company mainly engaged in the production and sale of industrial machinery. It manufactures machinery and equipment for converting, highly-functional film, synthetic fiber, fiber and yarn, and plastic industries. The company has business operations in Japan and overseas markets.

Hagihara Industries (TSE:7856) Headlines

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