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CHOSUN WELDING POHANG Co (XKRX:120030) Debt-to-EBITDA : 0.04 (As of Mar. 2024)


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What is CHOSUN WELDING POHANG Co Debt-to-EBITDA?

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

CHOSUN WELDING POHANG Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩567 Mil. CHOSUN WELDING POHANG Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩110 Mil. CHOSUN WELDING POHANG Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩17,042 Mil. CHOSUN WELDING POHANG Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.04.

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

XKRX:120030' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 0.21
Current: 0.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of CHOSUN WELDING POHANG Co was 0.21. The lowest was 0.01. And the median was 0.09.

XKRX:120030's Debt-to-EBITDA is ranked better than
95.53% of 2280 companies
in the Industrial Products industry
Industry Median: 1.7 vs XKRX:120030: 0.04

CHOSUN WELDING POHANG Co Debt-to-EBITDA Historical Data

The historical data trend for CHOSUN WELDING POHANG 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.

CHOSUN WELDING POHANG Co Debt-to-EBITDA Chart

CHOSUN WELDING POHANG Co 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 0.01 0.02 0.04 0.04 0.05

CHOSUN WELDING POHANG 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 0.03 0.05 0.03 0.06 0.04

Competitive Comparison of CHOSUN WELDING POHANG Co's Debt-to-EBITDA

For the Tools & Accessories subindustry, CHOSUN WELDING POHANG 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.


CHOSUN WELDING POHANG Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHOSUN WELDING POHANG Co's Debt-to-EBITDA distribution charts can be found below:

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



CHOSUN WELDING POHANG Co Debt-to-EBITDA Calculation

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

CHOSUN WELDING POHANG Co'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
=(682.867 + 196.591) / 17625.189
=0.05

CHOSUN WELDING POHANG Co'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
=(567.284 + 110.258) / 17042.044
=0.04

* 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.


CHOSUN WELDING POHANG Co  (XKRX:120030) 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.


CHOSUN WELDING POHANG Co Debt-to-EBITDA Related Terms

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


CHOSUN WELDING POHANG Co (XKRX:120030) Business Description

Traded in Other Exchanges
N/A
Address
865 Jangheung-Dong, Nam-Gu, Pohang, KOR
CHOSUN WELDING POHANG Co Ltd produces and sells welding materials in Korea. It offers covered arc welding electrodes, stick electrodes, submerged arc materials, and solid wires, as well as Mag wires for use in carbon dioxide gas arc welding applications.

CHOSUN WELDING POHANG Co (XKRX:120030) Headlines

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