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Takara Standard Co (TSE:7981) Debt-to-EBITDA : 0.50 (As of Mar. 2024)


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What is Takara Standard Co Debt-to-EBITDA?

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

Takara Standard Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円7,650 Mil. Takara Standard Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil. Takara Standard Co's annualized EBITDA for the quarter that ended in Mar. 2024 was 円15,204 Mil. Takara Standard Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.50.

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

TSE:7981' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36   Med: 0.53   Max: 0.57
Current: 0.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of Takara Standard Co was 0.57. The lowest was 0.36. And the median was 0.53.

TSE:7981's Debt-to-EBITDA is ranked better than
78.93% of 337 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.96 vs TSE:7981: 0.36

Takara Standard Co Debt-to-EBITDA Historical Data

The historical data trend for Takara Standard 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.

Takara Standard Co Debt-to-EBITDA Chart

Takara Standard 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 0.53 0.57 0.44 0.43 0.36

Takara Standard 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 0.77 0.45 0.35 0.26 0.50

Competitive Comparison of Takara Standard Co's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Takara Standard 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.


Takara Standard Co's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Takara Standard Co's Debt-to-EBITDA distribution charts can be found below:

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



Takara Standard Co Debt-to-EBITDA Calculation

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

Takara Standard 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
=(7650 + 0) / 21080
=0.36

Takara Standard Co's annualized Debt-to-EBITDA for the quarter 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
=(7650 + 0) / 15204
=0.50

* 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 (Mar. 2024) EBITDA data.


Takara Standard Co  (TSE:7981) 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.


Takara Standard Co Debt-to-EBITDA Related Terms

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


Takara Standard Co (TSE:7981) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Shigino-higashi, Joto-ku, Osaka, JPN, 536-8536
Takara Standard Co Ltd is in the business of providing housing equipment made with enamel. Its products include system kitchens, enameled stainless steel bathtubs, system baths, enameled washstand, sink units, hot water heaters, enamel wall covering material, heating appliances and other home appliances and equipment. The company operates mainly in Japan.

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