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Shinil Electronics (XKRX:002700) Debt-to-EBITDA : 3.17 (As of Dec. 2023)


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What is Shinil Electronics Debt-to-EBITDA?

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

Shinil Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩14,552 Mil. Shinil Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩4,941 Mil. Shinil Electronics's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩6,155 Mil. Shinil Electronics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.17.

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 Shinil Electronics's Debt-to-EBITDA or its related term are showing as below:

XKRX:002700' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -190.72   Med: 0.89   Max: 10.48
Current: 3.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shinil Electronics was 10.48. The lowest was -190.72. And the median was 0.89.

XKRX:002700's Debt-to-EBITDA is ranked worse than
72.32% of 336 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.865 vs XKRX:002700: 3.77

Shinil Electronics Debt-to-EBITDA Historical Data

The historical data trend for Shinil Electronics'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.

Shinil Electronics Debt-to-EBITDA Chart

Shinil Electronics 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 1.32 0.93 0.84 10.48 3.77

Shinil Electronics 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 3.05 -9.59 2.52 6.68 3.17

Competitive Comparison of Shinil Electronics's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Shinil Electronics'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.


Shinil Electronics's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shinil Electronics's Debt-to-EBITDA distribution charts can be found below:

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



Shinil Electronics Debt-to-EBITDA Calculation

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

Shinil Electronics'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
=(14551.642 + 4941.318) / 5168.832
=3.77

Shinil Electronics'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
=(14551.642 + 4941.318) / 6155.288
=3.17

* 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.


Shinil Electronics  (XKRX:002700) 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.


Shinil Electronics Debt-to-EBITDA Related Terms

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


Shinil Electronics (XKRX:002700) Business Description

Traded in Other Exchanges
N/A
Address
308, Yeongok-gil, Ipjang-myeon, Seobuk-gu, Cheonan-si, Chungcheong-do, Cheonan-si, KOR
Shinil Electronics, formerly Shinil Industrial Co Ltd is a South Korea based company engages in the manufacturing of household electronic appliances. It manufactures electric fan, heaters, rice cooker, iron, and vacuum cleaner.

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