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Kura Sushi (TSE:2695) Debt-to-EBITDA : 4.04 (As of Jan. 2024)


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What is Kura Sushi Debt-to-EBITDA?

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

Kura Sushi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円691 Mil. Kura Sushi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円30,328 Mil. Kura Sushi's annualized EBITDA for the quarter that ended in Jan. 2024 was 円7,672 Mil. Kura Sushi's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 4.04.

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

TSE:2695' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.37   Med: 0.5   Max: 6.08
Current: 6.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kura Sushi was 6.08. The lowest was 0.37. And the median was 0.50.

TSE:2695's Debt-to-EBITDA is ranked worse than
73.91% of 276 companies
in the Restaurants industry
Industry Median: 2.99 vs TSE:2695: 6.08

Kura Sushi Debt-to-EBITDA Historical Data

The historical data trend for Kura Sushi'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.

Kura Sushi Debt-to-EBITDA Chart

Kura Sushi Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 2.58 2.35 2.92 3.09

Kura Sushi Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -8.83 -16.77 6.83 3.43 4.04

Competitive Comparison of Kura Sushi's Debt-to-EBITDA

For the Restaurants subindustry, Kura Sushi'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.


Kura Sushi's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi's Debt-to-EBITDA distribution charts can be found below:

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



Kura Sushi Debt-to-EBITDA Calculation

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

Kura Sushi's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5770 + 29230) / 11319
=3.09

Kura Sushi's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(691 + 30328) / 7672
=4.04

* 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 (Jan. 2024) EBITDA data.


Kura Sushi  (TSE:2695) 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.


Kura Sushi Debt-to-EBITDA Related Terms

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


Kura Sushi (TSE:2695) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka, JPN, 599-8253
Kura Sushi Inc operates a chain of close to 400 sushi restaurants in Japan. Kura's restaurants pledge to serve natural, organic, additive-free food that is devoid of chemical seasonings and artificial sweeteners, colorings, and preservatives. They operate as revolving sushi restaurants using the conveyor belt method to serve customers, which keeps staff requirements low. The method entails customers choosing and grabbing their sushi preferences as the options rotate in front of them on a conveyor belt.

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