Ichigo (TSE:2337) Debt-to-EBITDA : 10.40 (As of Feb. 2024)

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What is Ichigo Debt-to-EBITDA?

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

Ichigo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円47,179 Mil. Ichigo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円185,614 Mil. Ichigo's annualized EBITDA for the quarter that ended in Feb. 2024 was 円22,384 Mil. Ichigo's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 10.40.

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

TSE:2337' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.17 Med: 9.72 Max: 14.8
Current: 9.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ichigo was 14.80. The lowest was 7.17. And the median was 9.72.

TSE:2337's Debt-to-EBITDA is ranked worse than
65.13% of 1259 companies
in the Real Estate industry
Industry Median: 5.7 vs TSE:2337: 9.21

Ichigo Debt-to-EBITDA Historical Data

The historical data trend for Ichigo'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.

Ichigo Debt-to-EBITDA Chart

Ichigo Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-EBITDA

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9.87

14.80

11.81

9.58

9.21

Ichigo 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															14.05	14.31	4.53	16.73	10.40

Competitive Comparison of Ichigo's Debt-to-EBITDA

For the Real Estate Services subindustry, Ichigo'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.

Ichigo's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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

Ichigo Debt-to-EBITDA Calculation

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

Ichigo's Debt-to-EBITDA for the fiscal year 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
	=	(47179	+	185614)	/	25267
	=	9.21

Ichigo'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
	=	(47179	+	185614)	/	22384
	=	10.40

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.

Ichigo (TSE:2337) 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.

Ichigo Debt-to-EBITDA Related Terms

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

Ichigo (TSE:2337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ichigo Inc (TSE:2337) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

ICHIF:USA

Address

17F, The Imperial Hotel Tower, 1-1-1, Uchisaiwai-cho, Chiyoda-k, Tokyo, JPN, 100-0011

Website

https://www.ichigo.gr.jp

Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.

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