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Chosun Refractories Co spin off (XKRX:462520) Debt-to-EBITDA : 8.85 (As of Sep. 2023)


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What is Chosun Refractories Co spin off Debt-to-EBITDA?

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

Chosun Refractories Co spin off's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₩66,270 Mil. Chosun Refractories Co spin off's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₩580 Mil. Chosun Refractories Co spin off's annualized EBITDA for the quarter that ended in Sep. 2023 was ₩7,554 Mil. Chosun Refractories Co spin off's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 8.85.

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

XKRX:462520's Debt-to-EBITDA is not ranked *
in the Building Materials industry.
Industry Median: 2.1
* Ranked among companies with meaningful Debt-to-EBITDA only.

Chosun Refractories Co spin off Debt-to-EBITDA Historical Data

The historical data trend for Chosun Refractories Co spin off'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 Refractories Co spin off Debt-to-EBITDA Chart

Chosun Refractories Co spin off Annual Data
Trend Dec23
Debt-to-EBITDA
3.70

Chosun Refractories Co spin off Semi-Annual Data
Sep23
Debt-to-EBITDA 8.85

Competitive Comparison of Chosun Refractories Co spin off's Debt-to-EBITDA

For the Building Materials subindustry, Chosun Refractories Co spin off'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 Refractories Co spin off's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Chosun Refractories Co spin off's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chosun Refractories Co spin off's Debt-to-EBITDA falls into.



Chosun Refractories Co spin off Debt-to-EBITDA Calculation

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

Chosun Refractories Co spin off'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
=(141277.24 + 790.793) / 38425.928
=3.70

Chosun Refractories Co spin off's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(66269.771 + 580.224) / 7553.565
=8.85

* 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 one times the quarterly (Sep. 2023) EBITDA data.


Chosun Refractories Co spin off  (XKRX:462520) 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 Refractories Co spin off Debt-to-EBITDA Related Terms

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


Chosun Refractories Co spin off (XKRX:462520) Business Description

Traded in Other Exchanges
N/A
Address
55 Saneop-ro, Jeollanam-do, Taein-dong, Gwangyang-si, KOR
Chosun Refractories Co Ltd spin off manufactures general-purpose products and high-functionality products (refractories for continuous casting, special refractories) based on domestic production facilities. Its product offerings comprise Shaped and unshaped refractories, Special alumina bricks, high alumina bricks, casting blocks, castable refractories, metal plating/ shaft alleys for the mortar production refractories industry, technical service for the refractories industry, and manufacturing of industrial furnaces.

Chosun Refractories Co spin off (XKRX:462520) Headlines

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