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TRYT (TSE:9164) Debt-to-EBITDA : 37.62 (As of Dec. 2023)


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What is TRYT Debt-to-EBITDA?

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

TRYT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,637 Mil. TRYT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円39,800 Mil. TRYT's annualized EBITDA for the quarter that ended in Dec. 2023 was 円1,128 Mil. TRYT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 37.62.

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

TSE:9164' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -232.81   Med: 4.63   Max: 5.68
Current: 4.63

During the past 4 years, the highest Debt-to-EBITDA Ratio of TRYT was 5.68. The lowest was -232.81. And the median was 4.63.

TSE:9164's Debt-to-EBITDA is ranked worse than
76.02% of 830 companies
in the Business Services industry
Industry Median: 1.87 vs TSE:9164: 4.63

TRYT Debt-to-EBITDA Historical Data

The historical data trend for TRYT'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.

TRYT Debt-to-EBITDA Chart

TRYT Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -232.81 5.68 4.63

TRYT Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.74 61.08 1.39 11.34 37.62

Competitive Comparison of TRYT's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, TRYT'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.


TRYT's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TRYT's Debt-to-EBITDA distribution charts can be found below:

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



TRYT Debt-to-EBITDA Calculation

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

TRYT's Debt-to-EBITDA for the fiscal year 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
=(2637 + 39800) / 9159
=4.63

TRYT'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
=(2637 + 39800) / 1128
=37.62

* 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.


TRYT  (TSE:9164) 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.


TRYT Debt-to-EBITDA Related Terms

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


TRYT (TSE:9164) Business Description

Traded in Other Exchanges
N/A
Address
2-12-7 Sonezaki, Seiwa Umeda Building 13 floor, Kita-ku, Osaka, JPN, 530-0057
TRYT Inc is involved in job placement and temporary staffing, specializing in the medical and welfare fields and the construction fields. The company operates nationwide in two main business areas: medical and welfare, which provides placement and temporary staffing services mainly in caregiving, nursing, childcare, and construction, which the company has operated since its founding.

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