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Aska (NGO:7227) Debt-to-EBITDA : 5.63 (As of Feb. 2024)


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What is Aska Debt-to-EBITDA?

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

Aska's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円8,697 Mil. Aska's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円7,507 Mil. Aska's annualized EBITDA for the quarter that ended in Feb. 2024 was 円2,876 Mil. Aska's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 5.63.

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

NGO:7227' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.83   Med: 6.88   Max: 8.74
Current: 6.49

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aska was 8.74. The lowest was 3.83. And the median was 6.88.

NGO:7227's Debt-to-EBITDA is ranked worse than
84.35% of 1054 companies
in the Vehicles & Parts industry
Industry Median: 2.355 vs NGO:7227: 6.49

Aska Debt-to-EBITDA Historical Data

The historical data trend for Aska'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.

Aska Debt-to-EBITDA Chart

Aska Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 7.12 4.19 4.23 3.83

Aska 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 88.65 5.81 7.19 5.90 5.63

Competitive Comparison of Aska's Debt-to-EBITDA

For the Auto Parts subindustry, Aska'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.


Aska's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aska's Debt-to-EBITDA distribution charts can be found below:

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



Aska Debt-to-EBITDA Calculation

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

Aska's Debt-to-EBITDA for the fiscal year 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
=(6695.404 + 7868.205) / 3798.484
=3.83

Aska'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
=(8697.398 + 7506.545) / 2876.268
=5.63

* 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.


Aska  (NGO:7227) 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.


Aska Debt-to-EBITDA Related Terms

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


Aska (NGO:7227) Business Description

Traded in Other Exchanges
N/A
Address
11 Hibiki- machi Kariyama-machi, Aichi Prefecture, Kariya, JPN, 448 0002
Aska Corp is a Japan based company engaged in automobile parts business, distribution board business and robot system business. In the automotive parts business, the company is engaged in building body parts that form the framework of the car. The distribution board business carried by the company involves designing and manufacturing of control panel, cabinet boxes, OEM product, electric car ordinary charger and press deep drawing products.

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