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Nagano Keiki Co (TSE:7715) Debt-to-EBITDA : 1.72 (As of Dec. 2023)


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What is Nagano Keiki Co Debt-to-EBITDA?

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

Nagano Keiki Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円10,324 Mil. Nagano Keiki Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,741 Mil. Nagano Keiki Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円8,753 Mil. Nagano Keiki Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.72.

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

TSE:7715' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.96   Med: 3.45   Max: 4.53
Current: 1.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nagano Keiki Co was 4.53. The lowest was 1.96. And the median was 3.45.

TSE:7715's Debt-to-EBITDA is ranked worse than
52.44% of 1739 companies
in the Hardware industry
Industry Median: 1.79 vs TSE:7715: 1.96

Nagano Keiki Co Debt-to-EBITDA Historical Data

The historical data trend for Nagano Keiki 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.

Nagano Keiki Co Debt-to-EBITDA Chart

Nagano Keiki Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 3.12 4.02 2.11 2.26

Nagano Keiki Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 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 2.47 2.55 1.96 2.01 1.72

Competitive Comparison of Nagano Keiki Co's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Nagano Keiki 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.


Nagano Keiki Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Nagano Keiki Co Debt-to-EBITDA Calculation

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

Nagano Keiki 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
=(10294.251 + 5474.131) / 6983.033
=2.26

Nagano Keiki 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
=(10323.999 + 4740.617) / 8753.324
=1.72

* 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.


Nagano Keiki Co  (TSE:7715) 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.


Nagano Keiki Co Debt-to-EBITDA Related Terms

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


Nagano Keiki Co (TSE:7715) Business Description

Traded in Other Exchanges
N/A
Address
1-30-4 Higashimagome, Ohta-ku, Tokyo, JPN, 143-8544
Nagano Keiki Co Ltd is engaged in the production and sale of pressure gauges, pressure sensors and measurement control equipment in Japan. Its products portfolio includes pressure gauges, including compound, vacuum, differential, low pressure, absolute, and diaphragm-seal type products; mechanical and electrical types switches, indicators with switches, and plug-in connectors for pressure switches; pressure sensors comprising pressure transmitters, load and level sensors, converters and various types of temperature gauges.

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