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Inswave Systems Co (XKRX:450520) Debt-to-EBITDA : -0.83 (As of Mar. 2024)


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What is Inswave Systems Co Debt-to-EBITDA?

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

Inswave Systems Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩4,723 Mil. Inswave Systems Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩281 Mil. Inswave Systems Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩-6,054 Mil. Inswave Systems Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.83.

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

XKRX:450520' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.91   Med: 1.15   Max: 1.4
Current: 1.25

During the past 2 years, the highest Debt-to-EBITDA Ratio of Inswave Systems Co was 1.40. The lowest was 0.91. And the median was 1.15.

XKRX:450520's Debt-to-EBITDA is ranked worse than
53.83% of 1607 companies
in the Software industry
Industry Median: 1.06 vs XKRX:450520: 1.25

Inswave Systems Co Debt-to-EBITDA Historical Data

The historical data trend for Inswave Systems 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.

Inswave Systems Co Debt-to-EBITDA Chart

Inswave Systems Co Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
1.40 0.91

Inswave Systems Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 3.90 7.51 3.81 0.26 -0.83

Competitive Comparison of Inswave Systems Co's Debt-to-EBITDA

For the Information Technology Services subindustry, Inswave Systems 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.


Inswave Systems Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Inswave Systems Co's Debt-to-EBITDA distribution charts can be found below:

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



Inswave Systems Co Debt-to-EBITDA Calculation

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

Inswave Systems Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6584.382 + 126.583) / 7412.985
=0.91

Inswave Systems 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
=(4722.509 + 281.182) / -6054.256
=-0.83

* 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.


Inswave Systems Co  (XKRX:450520) 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.


Inswave Systems Co Debt-to-EBITDA Related Terms

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


Inswave Systems Co (XKRX:450520) Business Description

Traded in Other Exchanges
N/A
Address
12th floor, Building C, Queens Park Nine, 247 Gonghang-daero, Gangseo-gu, Seoul, KOR
Inswave Systems Co Ltd is an enterprise software company that leads the enterprise application development and web standard UI/UX markets. It researches, develops and applies W-Matrix, WebTop, Proworks5, and other related enterprise software products.

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