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Toho Co (TSE:9602) Debt-to-EBITDA : 0.03 (As of Feb. 2024)


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What is Toho Co Debt-to-EBITDA?

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

Toho Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,165 Mil. Toho Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円2,189 Mil. Toho Co's annualized EBITDA for the quarter that ended in Feb. 2024 was 円103,976 Mil. Toho Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 0.03.

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

TSE:9602' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.04
Current: 0.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Toho Co was 0.04. The lowest was 0.00. And the median was 0.01.

TSE:9602's Debt-to-EBITDA is ranked better than
95.15% of 681 companies
in the Media - Diversified industry
Industry Median: 1.68 vs TSE:9602: 0.04

Toho Co Debt-to-EBITDA Historical Data

The historical data trend for Toho 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.

Toho Co Debt-to-EBITDA Chart

Toho Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - 0.01 0.04

Toho Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.01 0.01 0.01 0.02 0.03

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

For the Entertainment subindustry, Toho 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.


Toho Co's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Debt-to-EBITDA distribution charts can be found below:

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



Toho Co Debt-to-EBITDA Calculation

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

Toho Co's Debt-to-EBITDA for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1165 + 2189) / 77804
=0.04

Toho Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1165 + 2189) / 103976
=0.03

* 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 (Feb. 2024) EBITDA data.


Toho Co  (TSE:9602) 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.


Toho Co Debt-to-EBITDA Related Terms

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


Toho Co (TSE:9602) Business Description

Traded in Other Exchanges
Address
1-2-2 Yurakucho Chiyoda-ku, Tokyo, JPN, 100-8415
Toho is a diversified media company, with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.

Toho Co (TSE:9602) Headlines

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