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Amano (AMANF) Debt-to-EBITDA : 0.41 (As of Mar. 2024)


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What is Amano Debt-to-EBITDA?

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

Amano's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $37 Mil. Amano's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $56 Mil. Amano's annualized EBITDA for the quarter that ended in Mar. 2024 was $227 Mil. Amano's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.41.

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

AMANF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.19   Med: 0.37   Max: 0.47
Current: 0.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Amano was 0.47. The lowest was 0.19. And the median was 0.37.

AMANF's Debt-to-EBITDA is ranked better than
77.28% of 1730 companies
in the Hardware industry
Industry Median: 1.795 vs AMANF: 0.46

Amano Debt-to-EBITDA Historical Data

The historical data trend for Amano'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.

Amano Debt-to-EBITDA Chart

Amano Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.44 0.39 0.47 0.46

Amano 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 0.32 0.58 0.46 0.49 0.41

Competitive Comparison of Amano's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Amano'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.


Amano's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Amano's Debt-to-EBITDA distribution charts can be found below:

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



Amano Debt-to-EBITDA Calculation

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

Amano'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
=(36.718 + 55.774) / 199.341
=0.46

Amano'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
=(36.718 + 55.774) / 227.42
=0.41

* 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.


Amano  (OTCPK:AMANF) 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.


Amano Debt-to-EBITDA Related Terms

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


Amano (AMANF) Business Description

Traded in Other Exchanges
Address
275 Mamedocho, Kohoku-ku, Yokohama, Kanagawa, JPN, 222-8558
Amano Corp offers information systems, time management products, parking management services, environmental solutions, and cleaning products. The company helps clients coordinate human resources, payroll, and time recorders with software and standardized machines. It offers solutions to accurately record the data on billing and documents, and can process a wide variety of information customized for each client. Parking lots and bicycle-parking systems ensure safety while increasing the level of convenience for parking lot users. Products geared toward environmental and cleaning applications include dust and fume collectors, hazardous-gas removal systems, and floor scrubbers and cleaners. The majority of sales derive from customers located in Japan.

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