Purit Co (XKRX:445180) Debt-to-EBITDA : 0.55 (As of Dec. 2023)

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What is Purit Co Debt-to-EBITDA?

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

Purit Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩8,039 Mil. Purit Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩32 Mil. Purit Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩14,804 Mil. Purit Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.55.

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

XKRX:445180' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.47 Med: 1.17 Max: 1.69
Current: 0.47

During the past 4 years, the highest Debt-to-EBITDA Ratio of Purit Co was 1.69. The lowest was 0.47. And the median was 1.17.

XKRX:445180's Debt-to-EBITDA is ranked better than
80.91% of 1215 companies
in the Chemicals industry
Industry Median: 2.32 vs XKRX:445180: 0.47

Purit Co Debt-to-EBITDA Historical Data

The historical data trend for Purit 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.

Purit Co Debt-to-EBITDA Chart

Purit Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.69

1.63

0.72

0.47

Purit Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	-	0.74	1.17	0.55

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

For the Specialty Chemicals subindustry, Purit 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.

Purit Co's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Purit Co's Debt-to-EBITDA distribution charts can be found below:

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

Purit Co Debt-to-EBITDA Calculation

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

Purit 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
	=	(8038.627	+	32.108)	/	17038.176
	=	0.47

Purit 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
	=	(8038.627	+	32.108)	/	14804.076
	=	0.55

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 two times the quarterly (Dec. 2023) EBITDA data.

Purit Co (XKRX:445180) 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.

Purit Co Debt-to-EBITDA Related Terms

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

Purit Co (XKRX:445180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Purit Co Ltd (XKRX:445180) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

249-278 Duryu-gil, Angang-eup, Gyeongsangbuk-do, Gyeongju-si, KOR

Website

https://www.purit.co.kr

Purit Co Ltd is a company whose business is for recovering and refining waste organic solvents generated in industrial and display processes. The Company's primary business activity is Refinement and manufacture of organic solvents. The business focuses on producing ultra-high purity chemical products for semiconductors and displays by synthesizing raw materials based on purification of waste organic solvents.

Purit Co (XKRX:445180) Headlines

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