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Kokusai Electric (TSE:6525) Debt-to-EBITDA : 1.74 (As of Dec. 2023)


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What is Kokusai Electric Debt-to-EBITDA?

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

Kokusai Electric's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7,256 Mil. Kokusai Electric's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円88,696 Mil. Kokusai Electric's annualized EBITDA for the quarter that ended in Dec. 2023 was 円55,048 Mil. Kokusai Electric's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.74.

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

TSE:6525' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.48   Med: 1.5   Max: 2.07
Current: 2.07

During the past 2 years, the highest Debt-to-EBITDA Ratio of Kokusai Electric was 2.07. The lowest was 1.48. And the median was 1.50.

TSE:6525's Debt-to-EBITDA is ranked worse than
57.08% of 706 companies
in the Semiconductors industry
Industry Median: 1.595 vs TSE:6525: 2.07

Kokusai Electric Debt-to-EBITDA Historical Data

The historical data trend for Kokusai Electric'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.

Kokusai Electric Debt-to-EBITDA Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23
Debt-to-EBITDA
1.52 1.48

Kokusai Electric Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - 1.80 3.70 1.97 1.74

Competitive Comparison of Kokusai Electric's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.


Kokusai Electric's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's Debt-to-EBITDA distribution charts can be found below:

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



Kokusai Electric Debt-to-EBITDA Calculation

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

Kokusai Electric'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
=(6596 + 92610) / 67277
=1.47

Kokusai Electric'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
=(7256 + 88696) / 55048
=1.74

* 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.


Kokusai Electric  (TSE:6525) 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.


Kokusai Electric Debt-to-EBITDA Related Terms

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


Kokusai Electric (TSE:6525) Business Description

Traded in Other Exchanges
Address
3-4 Kanda Kaji-cho, 5th floor, oak Kanda Kajicho Building, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the development, manufacturing, sales, and installation of semiconductor manufacturing equipment, and services such as maintenance, repair, and parts sales of said equipment.

Kokusai Electric (TSE:6525) Headlines

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