Mitsui Fudosan Co (Mitsui Fudosan Co) Debt-to-EBITDA : 16.93 (As of Dec. 2023)

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What is Mitsui Fudosan Co Debt-to-EBITDA?

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

Mitsui Fudosan Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,681 Mil. Mitsui Fudosan Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25,244 Mil. Mitsui Fudosan Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,945 Mil. Mitsui Fudosan Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 16.93.

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

MTSFY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.77 Med: 8.41 Max: 11.86
Current: 11.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mitsui Fudosan Co was 11.86. The lowest was 7.77. And the median was 8.41.

MTSFY's Debt-to-EBITDA is ranked worse than
73.32% of 1263 companies
in the Real Estate industry
Industry Median: 5.66 vs MTSFY: 11.86

Mitsui Fudosan Co Debt-to-EBITDA Historical Data

The historical data trend for Mitsui Fudosan 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.

Mitsui Fudosan Co Debt-to-EBITDA Chart

Mitsui Fudosan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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8.32

9.11

11.40

9.04

8.49

Mitsui Fudosan 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															13.14	11.71	7.67	11.08	16.93

Competitive Comparison of Mitsui Fudosan Co's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Mitsui Fudosan 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.

Mitsui Fudosan Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsui Fudosan Co's Debt-to-EBITDA distribution charts can be found below:

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

Mitsui Fudosan Co Debt-to-EBITDA Calculation

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

Mitsui Fudosan Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6006.959	+	24281.824)	/	3566.285
	=	8.49

Mitsui Fudosan 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
	=	(7680.542	+	25243.972)	/	1944.944
	=	16.93

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.

Mitsui Fudosan Co (OTCPK:MTSFY) 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.

Mitsui Fudosan Co Debt-to-EBITDA Related Terms

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

Mitsui Fudosan Co (Mitsui Fudosan Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsui Fudosan Co Ltd (OTCPK:MTSFY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

MTSFF:USA 8801:Japan MFU:Germany

Address

1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022

Website

http://www.mitsuifudosan.co.jp

Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (Mitsui Fudosan Co) Headlines

From GuruFocus

Baron Funds Comments on Mitsui Fudosan

By Holly LaFon • 05-29-2014