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ASKA Pharmaceutical Holdings Co (TSE:4886) Debt-to-EBITDA : 0.81 (As of Dec. 2023)


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What is ASKA Pharmaceutical Holdings Co Debt-to-EBITDA?

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

ASKA Pharmaceutical Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円3,180 Mil. ASKA Pharmaceutical Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円6,925 Mil. ASKA Pharmaceutical Holdings Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円12,480 Mil. ASKA Pharmaceutical Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.81.

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

TSE:4886' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.18   Med: 1.51   Max: 1.54
Current: 1.18

During the past 2 years, the highest Debt-to-EBITDA Ratio of ASKA Pharmaceutical Holdings Co was 1.54. The lowest was 1.18. And the median was 1.51.

TSE:4886's Debt-to-EBITDA is ranked better than
58.66% of 658 companies
in the Drug Manufacturers industry
Industry Median: 1.7 vs TSE:4886: 1.18

ASKA Pharmaceutical Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for ASKA Pharmaceutical 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.

ASKA Pharmaceutical Holdings Co Debt-to-EBITDA Chart

ASKA Pharmaceutical Holdings Co Annual Data
Trend Mar22 Mar23
Debt-to-EBITDA
1.54 1.48

ASKA Pharmaceutical Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.37 1,577.88 1.41 0.73 0.81

Competitive Comparison of ASKA Pharmaceutical Holdings Co's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, ASKA Pharmaceutical 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.


ASKA Pharmaceutical Holdings Co's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, ASKA Pharmaceutical Holdings Co's Debt-to-EBITDA distribution charts can be found below:

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



ASKA Pharmaceutical Holdings Co Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3438 + 9185) / 8534
=1.48

ASKA Pharmaceutical 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
=(3180 + 6925) / 12480
=0.81

* 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.


ASKA Pharmaceutical Holdings Co  (TSE:4886) 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.


ASKA Pharmaceutical Holdings Co Debt-to-EBITDA Related Terms

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


ASKA Pharmaceutical Holdings Co (TSE:4886) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1 Shibaura, Minato-ku, Tokyo, JPN, 108-8532
ASKA Pharmaceutical Holdings Co Ltd is engaged in the manufacturing, sale, import, export, clinical examinations and testing operations of pharmaceuticals, quasi-drugs, foods, veterinary drugs, feeds and feed additives and medical devices and related operations.

ASKA Pharmaceutical Holdings Co (TSE:4886) Headlines

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