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Gaon Cable Co (XKRX:000500) Debt-to-EBITDA : 2.56 (As of Mar. 2024)


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What is Gaon Cable Co Debt-to-EBITDA?

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

Gaon Cable Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩146,042 Mil. Gaon Cable Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩7,756 Mil. Gaon Cable Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩60,090 Mil. Gaon Cable Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.56.

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

XKRX:000500' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.43   Med: 7.8   Max: 9.76
Current: 3.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gaon Cable Co was 9.76. The lowest was 3.43. And the median was 7.80.

XKRX:000500's Debt-to-EBITDA is ranked worse than
70.37% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs XKRX:000500: 3.43

Gaon Cable Co Debt-to-EBITDA Historical Data

The historical data trend for Gaon Cable 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.

Gaon Cable Co Debt-to-EBITDA Chart

Gaon Cable 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 7.01 5.36 8.58 6.56 4.20

Gaon Cable Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.83 2.93 4.00 35.81 2.56

Competitive Comparison of Gaon Cable Co's Debt-to-EBITDA

For the Communication Equipment subindustry, Gaon Cable 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.


Gaon Cable Co's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gaon Cable Co's Debt-to-EBITDA distribution charts can be found below:

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



Gaon Cable Co Debt-to-EBITDA Calculation

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

Gaon Cable 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
=(134863.477 + 52032.558) / 44482.124
=4.20

Gaon Cable Co'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
=(146041.981 + 7756.273) / 60089.58
=2.56

* 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.


Gaon Cable Co  (XKRX:000500) 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.


Gaon Cable Co Debt-to-EBITDA Related Terms

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


Gaon Cable Co (XKRX:000500) Business Description

Traded in Other Exchanges
N/A
Address
World Trade Center, 517, Floors 24, ASEM Tower, Yeongdong-daero, Gangnam-gu, Seoul, KOR, 135-798
Gaon Cable Co Ltd engages in the manufacture of electric cables. Its major products include power cable, telecommunication cable, materials and new products. The power cable includes extra-high voltage cables, overhead lines, low and medium voltage power (MV/LV) cables, industrial specialty cables. The telecom products are local area network (LAN) cables, optical communication and other communication cables. The materials include oxygen free copper rod. The new products include intelligent wiring solution and integral pipeline system.

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