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Dongwon Industries Co (XKRX:006040) Debt-to-EBITDA : 5.24 (As of Dec. 2023)


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What is Dongwon Industries Co Debt-to-EBITDA?

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

Dongwon Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,741,051 Mil. Dongwon Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,377,537 Mil. Dongwon Industries Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩595,676 Mil. Dongwon Industries Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.24.

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

XKRX:006040' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.65   Med: 3.78   Max: 6.89
Current: 4.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dongwon Industries Co was 6.89. The lowest was 2.65. And the median was 3.78.

XKRX:006040's Debt-to-EBITDA is ranked worse than
73.12% of 253 companies
in the Retail - Defensive industry
Industry Median: 2.62 vs XKRX:006040: 4.10

Dongwon Industries Co Debt-to-EBITDA Historical Data

The historical data trend for Dongwon Industries 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.

Dongwon Industries Co Debt-to-EBITDA Chart

Dongwon Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.75 2.65 3.72 3.30 4.10

Dongwon Industries Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.47 3.31 4.27 3.24 5.24

Competitive Comparison of Dongwon Industries Co's Debt-to-EBITDA

For the Food Distribution subindustry, Dongwon Industries 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.


Dongwon Industries Co's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dongwon Industries Co's Debt-to-EBITDA distribution charts can be found below:

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



Dongwon Industries Co Debt-to-EBITDA Calculation

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

Dongwon Industries 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
=(1741050.599 + 1377536.569) / 760980.388
=4.10

Dongwon Industries Co's annualized Debt-to-EBITDA for the quarter 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
=(1741050.599 + 1377536.569) / 595675.66
=5.24

* 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 (Dec. 2023) EBITDA data.


Dongwon Industries Co  (XKRX:006040) 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.


Dongwon Industries Co Debt-to-EBITDA Related Terms

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


Dongwon Industries Co (XKRX:006040) Business Description

Traded in Other Exchanges
N/A
Address
68, Mabang-ro, Dongwon Industrial Building, Seocho-gu, Seoul, KOR
Dongwon Industries Co Ltd is involved in the business of processed marine products and logistics solutions. It is in the business of providing processed marine products by its fleet and offering logistics solutions through distribution centers. Its primary activity is supplying tuna fish to Japan, the United States, and Europe.

Dongwon Industries Co (XKRX:006040) Headlines

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