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Belc Co (TSE:9974) Debt-to-EBITDA : 2.55 (As of Nov. 2023)


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What is Belc Co Debt-to-EBITDA?

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

Belc Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円7,509 Mil. Belc Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円27,204 Mil. Belc Co's annualized EBITDA for the quarter that ended in Nov. 2023 was 円13,628 Mil. Belc Co's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 2.55.

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

TSE:9974' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.21   Med: 1.54   Max: 2.32
Current: 2.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Belc Co was 2.32. The lowest was 1.21. And the median was 1.54.

TSE:9974's Debt-to-EBITDA is ranked better than
54.94% of 253 companies
in the Retail - Defensive industry
Industry Median: 2.68 vs TSE:9974: 2.32

Belc Co Debt-to-EBITDA Historical Data

The historical data trend for Belc 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.

Belc Co Debt-to-EBITDA Chart

Belc 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 1.44 1.21 1.49 1.72 1.58

Belc 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 2.13 1.90 1.76 2.55 4.48

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

For the Grocery Stores subindustry, Belc 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.


Belc Co's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Debt-to-EBITDA distribution charts can be found below:

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



Belc Co Debt-to-EBITDA Calculation

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

Belc 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
=(7945 + 26566) / 21830
=1.58

Belc Co's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7509 + 27204) / 13628
=2.55

* 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 (Nov. 2023) EBITDA data.


Belc Co  (TSE:9974) 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.


Belc Co Debt-to-EBITDA Related Terms

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


Belc Co (TSE:9974) Business Description

Traded in Other Exchanges
N/A
Address
5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

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