Hanwa Co (TSE:8078) Debt-to-EBITDA : 4.97 (As of Dec. 2023)

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What is Hanwa Co Debt-to-EBITDA?

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

Hanwa Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円86,904 Mil. Hanwa Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円287,990 Mil. Hanwa Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円75,452 Mil. Hanwa Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.97.

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

TSE:8078' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -37.7 Med: 8.21 Max: 13.6
Current: 5.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hanwa Co was 13.60. The lowest was -37.70. And the median was 8.21.

TSE:8078's Debt-to-EBITDA is ranked worse than
71.78% of 411 companies
in the Conglomerates industry
Industry Median: 3.3 vs TSE:8078: 5.78

Hanwa Co Debt-to-EBITDA Historical Data

The historical data trend for Hanwa 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.

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Hanwa Co Debt-to-EBITDA Chart

Hanwa Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

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-37.70

7.78

9.76

4.04

5.02

Hanwa Co 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															6.78	5.61	7.57	4.97	7.21

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

For the Conglomerates subindustry, Hanwa 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.

Hanwa Co's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hanwa Co's Debt-to-EBITDA distribution charts can be found below:

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

Hanwa Co Debt-to-EBITDA Calculation

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

Hanwa Co's Debt-to-EBITDA for the fiscal year 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
	=	(72080	+	289957)	/	72078
	=	5.02

Hanwa 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
	=	(86904	+	287990)	/	75452
	=	4.97

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.

Hanwa Co (TSE:8078) 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.

Hanwa Co Debt-to-EBITDA Related Terms

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

Hanwa Co (TSE:8078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hanwa Co Ltd (TSE:8078) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

HW4:Germany

Address

1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429

Website

https://www.hanwa.co.jp

Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.

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