GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Murata Manufacturing Co Ltd (TSE:6981) » Definitions » Debt-to-EBITDA

Murata Manufacturing Co (TSE:6981) Debt-to-EBITDA : 0.43 (As of Mar. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Murata Manufacturing Co Debt-to-EBITDA?

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

Murata Manufacturing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円59,656 Mil. Murata Manufacturing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円46,284 Mil. Murata Manufacturing Co's annualized EBITDA for the quarter that ended in Mar. 2024 was 円246,232 Mil. Murata Manufacturing Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.43.

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

TSE:6981' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.25   Max: 0.58
Current: 0.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Murata Manufacturing Co was 0.58. The lowest was 0.03. And the median was 0.25.

TSE:6981's Debt-to-EBITDA is ranked better than
78.37% of 1743 companies
in the Hardware industry
Industry Median: 1.78 vs TSE:6981: 0.38

Murata Manufacturing Co Debt-to-EBITDA Historical Data

The historical data trend for Murata Manufacturing 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.

Murata Manufacturing Co Debt-to-EBITDA Chart

Murata Manufacturing 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 0.58 0.40 0.24 0.32 0.25

Murata Manufacturing 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 0.58 0.38 0.28 0.33 0.43

Competitive Comparison of Murata Manufacturing Co's Debt-to-EBITDA

For the Electronic Components subindustry, Murata Manufacturing 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.


Murata Manufacturing Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Murata Manufacturing Co Debt-to-EBITDA Calculation

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

Murata Manufacturing 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
=(59656 + 46284) / 419743
=0.25

Murata Manufacturing 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
=(59656 + 46284) / 246232
=0.43

* 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.


Murata Manufacturing Co  (TSE:6981) 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.


Murata Manufacturing Co Debt-to-EBITDA Related Terms

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


Murata Manufacturing Co (TSE:6981) Business Description

Traded in Other Exchanges
Address
No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

Murata Manufacturing Co (TSE:6981) Headlines

No Headlines