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Katitas Co (TSE:8919) Debt-to-EBITDA : 1.93 (As of Dec. 2023)


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What is Katitas Co Debt-to-EBITDA?

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

Katitas Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Katitas Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円26,500 Mil. Katitas Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円13,712 Mil. Katitas Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.93.

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

TSE:8919' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.67   Med: 2.33   Max: 11.32
Current: 2.11

During the past 10 years, the highest Debt-to-EBITDA Ratio of Katitas Co was 11.32. The lowest was 1.67. And the median was 2.33.

TSE:8919's Debt-to-EBITDA is ranked better than
55.95% of 84 companies
in the Homebuilding & Construction industry
Industry Median: 2.49 vs TSE:8919: 2.11

Katitas Co Debt-to-EBITDA Historical Data

The historical data trend for Katitas 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.

Katitas Co Debt-to-EBITDA Chart

Katitas Co Annual Data
Trend Jan11 Jan12 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 1.67 1.73 1.95 2.11

Katitas 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 -2.94 1.90 1.86 1.93 2.04

Competitive Comparison of Katitas Co's Debt-to-EBITDA

For the Residential Construction subindustry, Katitas 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.


Katitas Co's Debt-to-EBITDA Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Katitas Co's Debt-to-EBITDA distribution charts can be found below:

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



Katitas Co Debt-to-EBITDA Calculation

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

Katitas 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
=(0 + 26500) / 12584
=2.11

Katitas 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
=(0 + 26500) / 13712
=1.93

* 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.


Katitas Co  (TSE:8919) 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.


Katitas Co Debt-to-EBITDA Related Terms

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


Katitas Co (TSE:8919) Business Description

Traded in Other Exchanges
N/A
Address
4-2 Mihara-cho, Kiryu-shi, Gunma, JPN
Katitas Co Ltd operates in the housing market in Japan. The company is engaged in the business activities of purchase, renovation, and sale of secondhand houses.

Katitas Co (TSE:8919) Headlines

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