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Aisan Industry Co (TSE:7283) Debt-to-EBITDA : 1.82 (As of Dec. 2023)


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What is Aisan Industry Co Debt-to-EBITDA?

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

Aisan Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円11,770 Mil. Aisan Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円31,516 Mil. Aisan Industry Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円23,832 Mil. Aisan Industry Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.82.

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

TSE:7283' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.2   Med: 1.85   Max: 4.89
Current: 2.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aisan Industry Co was 4.89. The lowest was 1.20. And the median was 1.85.

TSE:7283's Debt-to-EBITDA is ranked worse than
50.9% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs TSE:7283: 2.40

Aisan Industry Co Debt-to-EBITDA Historical Data

The historical data trend for Aisan Industry 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.

Aisan Industry Co Debt-to-EBITDA Chart

Aisan Industry Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 2.67 2.04 1.84 1.29

Aisan Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.35 2.22 2.06 1.82 8.17

Competitive Comparison of Aisan Industry Co's Debt-to-EBITDA

For the Auto Parts subindustry, Aisan Industry 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.


Aisan Industry Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aisan Industry Co's Debt-to-EBITDA distribution charts can be found below:

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



Aisan Industry Co Debt-to-EBITDA Calculation

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

Aisan Industry Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10310 + 31526) / 32360
=1.29

Aisan Industry 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
=(11770 + 31516) / 23832
=1.82

* 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.


Aisan Industry Co  (TSE:7283) 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.


Aisan Industry Co Debt-to-EBITDA Related Terms

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


Aisan Industry Co (TSE:7283) Business Description

Traded in Other Exchanges
Address
1-1-1 Kyowa-cho, Obu-shi, Aichi-ken, JPN, 474-8588
Aisan Industry Co Ltd is a Japan based company engaged in manufacturing and sales of automotive parts. Its products include Fuel system products such as Fuel pump module to regulate pressure of the fuel; Intake and exhaust system products including throttle body, intake manifold, exhaust gas re-circulation product, positive crankcase ventilation valve; Emission control system products such as charcoal canister; Valve train system such as Engine Valve; Products for motorcycle such as FI System for Small Motorcycle, Titanium Alloy Engine Valve for Motorcycle, Charcoal Canister for Motorcycle; and Products for green vehicle includes products for fuel cell vehicle, products for electric vehicle and gas fuel systems for LPG, CNG.

Aisan Industry Co (TSE:7283) Headlines

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