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Fuyo General Lease Co (TSE:8424) Debt-to-EBITDA : 30.17 (As of Dec. 2023)


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What is Fuyo General Lease Co Debt-to-EBITDA?

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

Fuyo General Lease Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,398,966 Mil. Fuyo General Lease Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,248,772 Mil. Fuyo General Lease Co's annualized EBITDA for the quarter that ended in Dec. 2023 was 円87,768 Mil. Fuyo General Lease Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 30.17.

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

TSE:8424' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 21.77   Med: 25.54   Max: 38.84
Current: 38.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fuyo General Lease Co was 38.84. The lowest was 21.77. And the median was 25.54.

TSE:8424's Debt-to-EBITDA is ranked worse than
98.07% of 831 companies
in the Business Services industry
Industry Median: 1.93 vs TSE:8424: 38.84

Fuyo General Lease Co Debt-to-EBITDA Historical Data

The historical data trend for Fuyo General Lease 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.

* Premium members only.

Fuyo General Lease Co Debt-to-EBITDA Chart

Fuyo General Lease Co 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 26.03 24.41 21.89 23.30 21.77

Fuyo General Lease 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 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 50.06 43.41 32.61 30.17 53.48

Competitive Comparison of Fuyo General Lease Co's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Fuyo General Lease 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.


Fuyo General Lease Co's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fuyo General Lease Co's Debt-to-EBITDA distribution charts can be found below:

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



Fuyo General Lease Co Debt-to-EBITDA Calculation

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

Fuyo General Lease 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
=(1297605 + 1369726) / 122523
=21.77

Fuyo General Lease 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
=(1398966 + 1248772) / 87768
=30.17

* 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 (Dec. 2023) EBITDA data.


Fuyo General Lease Co  (TSE:8424) 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.


Fuyo General Lease Co Debt-to-EBITDA Related Terms

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


Fuyo General Lease Co (TSE:8424) Business Description

Traded in Other Exchanges
Address
Nichirei Building, 3-3-23, Misaki-cho, Chiyoda-ku, Tokyo, JPN, 1018380
Fuyo General Lease Co Ltd is Japanese company which is engaged in leasing and installment transactions for machinery and equipment and financial transactions such as the provision of operating loans. The company focuses on using direct and indirect financing to procure funds for purchasing assets to lease or to sell through installment sales and for providing operating loans to customers. It has three reportable segments namely Lease and Installment Sales segment conducts leasing office equipment, industrial machinery and sells commercial equipment, production facilities, medical devices, and other assets on an installment basis; Loans segment which is engaged in commercial lending; and Other segment which invests in marketable securities.

Fuyo General Lease Co (TSE:8424) Headlines

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