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Furuya Metal Co (TSE:7826) Debt-to-EBITDA : 2.70 (As of Dec. 2023)


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What is Furuya Metal Co Debt-to-EBITDA?

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

Furuya Metal Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円19,554 Mil. Furuya Metal Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7,185 Mil. Furuya Metal Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円9,896 Mil. Furuya Metal Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.70.

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

TSE:7826' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.01   Med: 1.41   Max: 3.02
Current: 2.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Furuya Metal Co was 3.02. The lowest was -1.01. And the median was 1.41.

TSE:7826's Debt-to-EBITDA is ranked worse than
63.08% of 1739 companies
in the Hardware industry
Industry Median: 1.78 vs TSE:7826: 2.71

Furuya Metal Co Debt-to-EBITDA Historical Data

The historical data trend for Furuya Metal 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.

Furuya Metal Co Debt-to-EBITDA Chart

Furuya Metal Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 3.02 1.20 1.22 1.61

Furuya Metal 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 1.87 1.92 2.60 3.09 2.70

Competitive Comparison of Furuya Metal Co's Debt-to-EBITDA

For the Electronic Components subindustry, Furuya Metal 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.


Furuya Metal Co's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Furuya Metal Co Debt-to-EBITDA Calculation

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

Furuya Metal Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15987 + 6087) / 13723
=1.61

Furuya Metal 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
=(19554 + 7185) / 9896
=2.70

* 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.


Furuya Metal Co  (TSE:7826) 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.


Furuya Metal Co Debt-to-EBITDA Related Terms

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


Furuya Metal Co (TSE:7826) Business Description

Traded in Other Exchanges
N/A
Address
MSB-21 Minami Otsuka Building, 2-37-5 Minami Otsuka, Toshima-ku, Tokyo, JPN, 170 0005
Furuya Metal Co Ltd is a Japanese based company. It manufactures and sells industrial-use precious metal products such as iridium and platinum and temperature sensors. It also engages in the sale of electronic materials, semiconductor-related products and offers thin film components. It provides various products including crucibles, seed holders, platinum bead dishes, tongs, mesh, sheet, foil, pipe, wire, thermocouples, sputtering targets, among others.

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