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Answer Holdings Co (TSE:2994) Debt-to-EBITDA : 17.79 (As of Dec. 2023)


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What is Answer Holdings Co Debt-to-EBITDA?

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

Answer Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円942 Mil. Answer Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,490 Mil. Answer Holdings Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円249 Mil. Answer Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 17.79.

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

TSE:2994' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 19.55   Med: 20.54   Max: 43.59
Current: 22.5

During the past 4 years, the highest Debt-to-EBITDA Ratio of Answer Holdings Co was 43.59. The lowest was 19.55. And the median was 20.54.

TSE:2994's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 5.76 vs TSE:2994: 22.50

Answer Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for Answer 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.

Answer Holdings Co Debt-to-EBITDA Chart

Answer Holdings Co Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
N/A 19.55 43.59 20.54

Answer Holdings Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - 26.07 15.54 30.15 17.79

Competitive Comparison of Answer Holdings Co's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Answer 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.


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

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

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



Answer Holdings Co Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(784.73 + 3583.034) / 212.649
=20.54

Answer Holdings Co'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
=(941.534 + 3489.948) / 249.104
=17.79

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Answer Holdings Co  (TSE:2994) 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.


Answer Holdings Co Debt-to-EBITDA Related Terms

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Answer Holdings Co (TSE:2994) Business Description

Traded in Other Exchanges
N/A
Address
2-15-46 Asano, Kokurakita-ku, Kitakyusyu-shi, Fukuoka, JPN, 802-0001
Answer Holdings Co Ltd is involved in the real estate, remodeling and related business.

Answer Holdings Co (TSE:2994) Headlines

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