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Korean Reinsurance Co (XKRX:003690) Debt-to-EBITDA : N/A (As of Mar. 2024)


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What is Korean Reinsurance Co Debt-to-EBITDA?

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

Korean Reinsurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Korean Reinsurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Korean Reinsurance Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩0 Mil.

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

XKRX:003690's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Korean Reinsurance Co Debt-to-EBITDA Historical Data

The historical data trend for Korean Reinsurance 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.

Korean Reinsurance Co Debt-to-EBITDA Chart

Korean Reinsurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Korean Reinsurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Korean Reinsurance Co's Debt-to-EBITDA

For the Insurance - Reinsurance subindustry, Korean Reinsurance 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.


Korean Reinsurance Co's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Korean Reinsurance Co's Debt-to-EBITDA distribution charts can be found below:

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



Korean Reinsurance Co Debt-to-EBITDA Calculation

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

Korean Reinsurance 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
=(0 + 0) / 381719.014
=0.00

Korean Reinsurance Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

* 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.


Korean Reinsurance Co  (XKRX:003690) 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.


Korean Reinsurance Co Debt-to-EBITDA Related Terms

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Korean Reinsurance Co (XKRX:003690) Business Description

Traded in Other Exchanges
N/A
Address
68 Jongno 5 Gil, Jongno-gu, Seoul, KOR, 03151
Korean Reinsurance Co is a South Korean reinsurer that provides clients with reinsurance services and risk-management solutions. The company provides nonlife and life reinsurance products that include fire insurance, marine and aviation insurance, comprehensive and engineering reinsurance, motor insurance, guaranteed insurance, foreign casualty insurance, long-term insurance, international reinsurance solutions, life insurance, and health insurance. The company derives over half of its income from Asian regions including China, Japan, Hong Kong, and Taiwan. Korean Re also has operations in the Middle East, Africa, Europe, and the Americas.

Korean Reinsurance Co (XKRX:003690) Headlines

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