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Dongkuk Steel Mill Co spin off (XKRX:460860) Debt-to-EBITDA : 2.91 (As of Mar. 2024)


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What is Dongkuk Steel Mill Co spin off Debt-to-EBITDA?

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

Dongkuk Steel Mill Co spin off's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩921,373 Mil. Dongkuk Steel Mill Co spin off's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩97,004 Mil. Dongkuk Steel Mill Co spin off's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩349,927 Mil. Dongkuk Steel Mill Co spin off's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.91.

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

XKRX:460860' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.11   Med: 3.52   Max: 3.52
Current: 3.11

During the past 1 years, the highest Debt-to-EBITDA Ratio of Dongkuk Steel Mill Co spin off was 3.52. The lowest was 3.11. And the median was 3.52.

XKRX:460860's Debt-to-EBITDA is ranked worse than
85.63% of 487 companies
in the Steel industry
Industry Median: 2.6 vs XKRX:460860: 3.11

Dongkuk Steel Mill Co spin off Debt-to-EBITDA Historical Data

The historical data trend for Dongkuk Steel Mill 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.

Dongkuk Steel Mill Co spin off Debt-to-EBITDA Chart

Dongkuk Steel Mill Co spin off Annual Data
Trend Dec23
Debt-to-EBITDA
3.52

Dongkuk Steel Mill Co spin off Quarterly Data
Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA N/A 2.21 2.48 2.91

Competitive Comparison of Dongkuk Steel Mill Co spin off's Debt-to-EBITDA

For the Steel subindustry, Dongkuk Steel Mill 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.


Dongkuk Steel Mill Co spin off's Debt-to-EBITDA Distribution in the Steel Industry

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

* The bar in red indicates where Dongkuk Steel Mill Co spin off's Debt-to-EBITDA falls into.



Dongkuk Steel Mill Co spin off Debt-to-EBITDA Calculation

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

Dongkuk Steel Mill 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
=(983830.8 + 104118.604) / 308834.991
=3.52

Dongkuk Steel Mill Co spin off'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
=(921373.107 + 97004.23) / 349926.672
=2.91

* 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.


Dongkuk Steel Mill Co spin off  (XKRX:460860) 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.


Dongkuk Steel Mill Co spin off Debt-to-EBITDA Related Terms

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


Dongkuk Steel Mill Co spin off (XKRX:460860) Business Description

Traded in Other Exchanges
N/A
Address
19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR
Dongkuk Steel Mill Co Ltd spin off is a Korean steel company that engages in manufacturing steel products. It produces high-strength and ultra-high-strength reinforcing bars of various standards. It offers H-beams, angles, Reinforcing Bar, Seismic Resistant Bar, and channels, Threaded Bar, and steel plates.

Dongkuk Steel Mill Co spin off (XKRX:460860) Headlines

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