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Tomita Electric Co (TSE:6898) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Tomita Electric Co Debt-to-EBITDA?

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

Tomita Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円0 Mil. Tomita Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円0 Mil. Tomita Electric Co's annualized EBITDA for the quarter that ended in Jan. 2024 was 円30 Mil. Tomita Electric Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 0.00.

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

TSE:6898's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.795
* Ranked among companies with meaningful Debt-to-EBITDA only.

Tomita Electric Co Debt-to-EBITDA Historical Data

The historical data trend for Tomita Electric 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.

Tomita Electric Co Debt-to-EBITDA Chart

Tomita Electric Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-EBITDA
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Tomita Electric Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Tomita Electric Co's Debt-to-EBITDA

For the Consumer Electronics subindustry, Tomita Electric 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.


Tomita Electric Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Tomita Electric Co Debt-to-EBITDA Calculation

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

Tomita Electric Co's Debt-to-EBITDA for the fiscal year that ended in Jan. 2024 is calculated as

Tomita Electric Co'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
=(0 + 0) / 29.968
=0.00

* 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.


Tomita Electric Co  (TSE:6898) 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.


Tomita Electric Co Debt-to-EBITDA Related Terms

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


Tomita Electric Co (TSE:6898) Business Description

Traded in Other Exchanges
N/A
Address
123 Saiwaii-cho, Tottori Prefecture, Tottori, JPN, 680-0823
Tomita Electric Co Ltd is a Japanese firm which manufactures and sells radio parts and ferrite cores. It provides soft ferrite and hard ferrite. It offers ferrite cores used in miniaturizing electronic equipment and in energy conservation; and coils and transformers used in personal computers, LAN and peripherals.

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