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RaemongRaein Co (XKRX:200350) Debt-to-EBITDA : -4.77 (As of Mar. 2024)


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What is RaemongRaein Co Debt-to-EBITDA?

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

RaemongRaein Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,832 Mil. RaemongRaein Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,914 Mil. RaemongRaein Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩-994 Mil. RaemongRaein Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -4.77.

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

XKRX:200350' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.36   Med: 0.56   Max: 3.91
Current: -0.57

During the past 9 years, the highest Debt-to-EBITDA Ratio of RaemongRaein Co was 3.91. The lowest was -2.36. And the median was 0.56.

XKRX:200350's Debt-to-EBITDA is ranked worse than
100% of 680 companies
in the Media - Diversified industry
Industry Median: 1.69 vs XKRX:200350: -0.57

RaemongRaein Co Debt-to-EBITDA Historical Data

The historical data trend for RaemongRaein 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.

RaemongRaein Co Debt-to-EBITDA Chart

RaemongRaein Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.56 1.20 3.91 -2.36 -1.48

RaemongRaein Co Quarterly Data
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 1.46 -2.64 -0.80 -0.49 -4.77

Competitive Comparison of RaemongRaein Co's Debt-to-EBITDA

For the Entertainment subindustry, RaemongRaein 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.


RaemongRaein Co's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, RaemongRaein Co's Debt-to-EBITDA distribution charts can be found below:

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



RaemongRaein Co Debt-to-EBITDA Calculation

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

RaemongRaein 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
=(7049.957 + 1992.161) / -6119.36
=-1.48

RaemongRaein 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
=(2831.675 + 1914.336) / -994.444
=-4.77

* 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.


RaemongRaein Co  (XKRX:200350) 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.


RaemongRaein Co Debt-to-EBITDA Related Terms

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


RaemongRaein Co (XKRX:200350) Business Description

Traded in Other Exchanges
N/A
Address
729, Eonju-ro, Gangnam-gu, 12th Floor, Masters 729 Building, Seoul, KOR, 06050
RaemongRaein Co Ltd is an entertainment management company. It is engaged in production and broadcast of entertainment management, film, animation, publishing, music, and games. The company's business divisions include drama production division, content planning division, business management division, marketing business division, management business division and music business division.

RaemongRaein Co (XKRX:200350) Headlines

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