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Tadano (TSE:6395) Debt-to-EBITDA : 4.36 (As of Mar. 2024)


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What is Tadano Debt-to-EBITDA?

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

Tadano's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円47,199 Mil. Tadano's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円45,130 Mil. Tadano's annualized EBITDA for the quarter that ended in Mar. 2024 was 円21,176 Mil. Tadano's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.36.

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

TSE:6395' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.32   Med: 1.67   Max: 4.38
Current: 4.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tadano was 4.38. The lowest was -16.32. And the median was 1.67.

TSE:6395's Debt-to-EBITDA is ranked worse than
75.76% of 165 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.03 vs TSE:6395: 4.10

Tadano Debt-to-EBITDA Historical Data

The historical data trend for Tadano'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.

Tadano Debt-to-EBITDA Chart

Tadano Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.53 3.62 -16.32 4.38

Tadano Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.51 4.74 5.38 3.12 4.36

Competitive Comparison of Tadano's Debt-to-EBITDA

For the Farm & Heavy Construction Machinery subindustry, Tadano'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.


Tadano's Debt-to-EBITDA Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tadano's Debt-to-EBITDA distribution charts can be found below:

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



Tadano Debt-to-EBITDA Calculation

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

Tadano's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(35804 + 62371) / 22437
=4.38

Tadano's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(47199 + 45130) / 21176
=4.36

* 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 (Mar. 2024) EBITDA data.


Tadano  (TSE:6395) 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.


Tadano Debt-to-EBITDA Related Terms

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


Tadano (TSE:6395) Business Description

Traded in Other Exchanges
Address
34 Kou, Nittacho, Kagawa Prefecture, Takamatsu City, JPN, 761-0185
Tadano Ltd manufactures cranes, aerial work platforms, and other components. Mobile cranes account for majority of sales, but the company has diversified into truck cranes, loader cranes, and other special purpose vehicles. Its equipment is built for various terrains with multiple steering and acceleration controls. Tadano has three reportable segments: Japan (majority of total revenue), Europe, and Americas. Its research and development division looks to utilize innovative and cutting-edge technologies for both domestic and overseas markets. The company offers used equipment and various cylinders to help meet urgent demand. A wide range of experienced and trained technicians help customize components for the operating machines.

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