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GOLFZON Co (XKRX:215000) Debt-to-EBITDA : 0.84 (As of Dec. 2023)


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What is GOLFZON Co Debt-to-EBITDA?

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

GOLFZON Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩27,122 Mil. GOLFZON Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩49,852 Mil. GOLFZON Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩91,880 Mil. GOLFZON Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.84.

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

XKRX:215000' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.58   Max: 1.12
Current: 0.49

During the past 9 years, the highest Debt-to-EBITDA Ratio of GOLFZON Co was 1.12. The lowest was 0.35. And the median was 0.58.

XKRX:215000's Debt-to-EBITDA is ranked better than
61.87% of 278 companies
in the Interactive Media industry
Industry Median: 0.82 vs XKRX:215000: 0.49

GOLFZON Co Debt-to-EBITDA Historical Data

The historical data trend for GOLFZON 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.

GOLFZON Co Debt-to-EBITDA Chart

GOLFZON Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.12 0.82 0.46 0.35 0.49

GOLFZON 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 1.20 0.31 0.48 0.40 0.84

Competitive Comparison of GOLFZON Co's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, GOLFZON 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.


GOLFZON Co's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GOLFZON Co's Debt-to-EBITDA distribution charts can be found below:

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



GOLFZON Co Debt-to-EBITDA Calculation

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

GOLFZON 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
=(27122.218 + 49852.212) / 157597.968
=0.49

GOLFZON 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
=(27122.218 + 49852.212) / 91879.58
=0.84

* 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.


GOLFZON Co  (XKRX:215000) 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.


GOLFZON Co Debt-to-EBITDA Related Terms

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


GOLFZON Co (XKRX:215000) Business Description

Traded in Other Exchanges
N/A
Address
Daejeon Expo 97 beongil 40 (doryongdong), Daejeon, KOR
GOLFZON Co Ltd is a Korea-based company that manufactures golf simulators. The company operates its business through two segments: screen golf segment, which produces and distributes golf simulators through GOLFZON JAPAN and GOLFZON CHINA, and golf maintenance segment which installs and maintains golf simulators. The company distributes its products within domestic market and to overseas markets. GOLFZON VISION is the golf simulator for homes and businesses with 3D graphics technology.

GOLFZON Co (XKRX:215000) Headlines

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