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Korea Movenex Co (XKRX:010100) Debt-to-EBITDA : 1.49 (As of Mar. 2024)


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What is Korea Movenex Co Debt-to-EBITDA?

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

Korea Movenex Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩71,265 Mil. Korea Movenex Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩89,131 Mil. Korea Movenex Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩107,384 Mil. Korea Movenex Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.49.

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

XKRX:010100' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.2   Med: 3.02   Max: 11.89
Current: 1.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Korea Movenex Co was 11.89. The lowest was 1.20. And the median was 3.02.

XKRX:010100's Debt-to-EBITDA is ranked better than
64.08% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.33 vs XKRX:010100: 1.53

Korea Movenex Co Debt-to-EBITDA Historical Data

The historical data trend for Korea Movenex 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.

Korea Movenex Co Debt-to-EBITDA Chart

Korea Movenex 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 2.28 2.63 1.66 1.54 1.20

Korea Movenex 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 1.27 1.11 1.74 1.49 1.49

Competitive Comparison of Korea Movenex Co's Debt-to-EBITDA

For the Auto Parts subindustry, Korea Movenex 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.


Korea Movenex Co's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Korea Movenex Co's Debt-to-EBITDA distribution charts can be found below:

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



Korea Movenex Co Debt-to-EBITDA Calculation

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

Korea Movenex 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
=(61409.193 + 77905.42) / 116517.418
=1.20

Korea Movenex 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
=(71265.336 + 89130.553) / 107384.104
=1.49

* 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.


Korea Movenex Co  (XKRX:010100) 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.


Korea Movenex Co Debt-to-EBITDA Related Terms

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


Korea Movenex Co (XKRX:010100) Business Description

Traded in Other Exchanges
N/A
Address
2, Mipo 1-gil, Dong-Gu, Ulsan, KOR, 682-801
Korea Movenex Co Ltd engages in the provision of automobile parts, flanges, industrial machinery and advertising/broadcast services. It offers automobile parts, including half shaft and front axle assemblies for passenger cars; and front axle and brake assemblies for buses and trucks. The company also provides engine parts of automobiles comprising crank and cam shafts, hubs, differential gears, spindles, and connecting rods; and carbon steel, non-steel, ANSI, AWWA, API, MSS, welding neck, threeded, slip-on, lap joint, blind, and socket welding flanges. In addition, it offers industrial vessel engine bases and frames, vessel and steel structures, press containers of chemical factories, and bridge and construction-related works.

Korea Movenex Co (XKRX:010100) Headlines

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