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Seah Steel Holdings (XKRX:003030) Debt-to-EBITDA : 4.47 (As of Dec. 2023)


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What is Seah Steel Holdings Debt-to-EBITDA?

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

Seah Steel Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩581,795 Mil. Seah Steel Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩649,652 Mil. Seah Steel Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩275,231 Mil. Seah Steel Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.47.

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 Seah Steel Holdings's Debt-to-EBITDA or its related term are showing as below:

XKRX:003030' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.61   Med: 3.76   Max: 8.42
Current: 1.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Seah Steel Holdings was 8.42. The lowest was 1.61. And the median was 3.76.

XKRX:003030's Debt-to-EBITDA is ranked better than
59.71% of 489 companies
in the Steel industry
Industry Median: 2.63 vs XKRX:003030: 1.86

Seah Steel Holdings Debt-to-EBITDA Historical Data

The historical data trend for Seah Steel Holdings'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.

Seah Steel Holdings Debt-to-EBITDA Chart

Seah Steel Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 5.01 2.21 1.61 1.86

Seah Steel Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.10 1.06 1.38 2.01 4.47

Competitive Comparison of Seah Steel Holdings's Debt-to-EBITDA

For the Steel subindustry, Seah Steel Holdings'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.


Seah Steel Holdings's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Seah Steel Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Seah Steel Holdings Debt-to-EBITDA Calculation

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

Seah Steel Holdings's Debt-to-EBITDA for the fiscal year 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
=(581795.327 + 649652.256) / 663925.012
=1.85

Seah Steel Holdings'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
=(581795.327 + 649652.256) / 275231.376
=4.47

* 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.


Seah Steel Holdings  (XKRX:003030) 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.


Seah Steel Holdings Debt-to-EBITDA Related Terms

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


Seah Steel Holdings (XKRX:003030) Business Description

Traded in Other Exchanges
N/A
Address
45, Yanghwa-ro, Mapo-gu, Seah Tower, 25/26/27th Floor, Seoul, KOR, 04036
Seah Steel Holdings is a Korean based company operates in the steel sector. The business activity of the group includes manufacturing of steel products such as carbon steel pipe, stainless steel pipe, titanium tube, galvanized color steel sheet and others. These products are used in wide range of areas such as oil refining, nuclear power plants, LNG vessels, marine plants and others. Geographically, the activities are carried out through the region of Korea and it drives revenue through the sale of products.

Seah Steel Holdings (XKRX:003030) Headlines

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