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FinTech Globalorporated (TSE:8789) Debt-to-EBITDA : 2.69 (As of Mar. 2024)


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What is FinTech Globalorporated Debt-to-EBITDA?

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

FinTech Globalorporated's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円6,934 Mil. FinTech Globalorporated's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,045 Mil. FinTech Globalorporated's annualized EBITDA for the quarter that ended in Mar. 2024 was 円2,962 Mil. FinTech Globalorporated's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.69.

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

TSE:8789' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.6   Med: -1.09   Max: 9.65
Current: 2.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of FinTech Globalorporated was 9.65. The lowest was -16.60. And the median was -1.09.

TSE:8789's Debt-to-EBITDA is ranked better than
62.7% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.24 vs TSE:8789: 2.82

FinTech Globalorporated Debt-to-EBITDA Historical Data

The historical data trend for FinTech Globalorporated'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.

FinTech Globalorporated Debt-to-EBITDA Chart

FinTech Globalorporated Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.35 -16.60 8.15 6.55 3.16

FinTech Globalorporated 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 14.91 3.97 3.16 1.91 2.69

Competitive Comparison of FinTech Globalorporated's Debt-to-EBITDA

For the Financial Conglomerates subindustry, FinTech Globalorporated'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.


FinTech Globalorporated's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FinTech Globalorporated's Debt-to-EBITDA distribution charts can be found below:

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



FinTech Globalorporated Debt-to-EBITDA Calculation

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

FinTech Globalorporated's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6309.078 + 1341.54) / 2420.676
=3.16

FinTech Globalorporated'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
=(6934.123 + 1044.621) / 2962.136
=2.69

* 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.


FinTech Globalorporated  (TSE:8789) 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.


FinTech Globalorporated Debt-to-EBITDA Related Terms

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


FinTech Globalorporated (TSE:8789) Business Description

Traded in Other Exchanges
N/A
Address
4-1-28 Toranomon, Minato-ku, Tokyo, JPN
FinTech Global Incorporated is an investment bank with divisions for securities, investment management, and principal finance. The company primarily focuses on three areas of financial services, namely, investment banking, principal investment, and asset management. Further, it provides services, such as management participation, corporate revitalization, venture development and fund-procurement arrangements from both debt and equity perspectives to support the real economy. Geographically it operates through the region of Japan.

FinTech Globalorporated (TSE:8789) Headlines

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