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Korea Engineering Consultants (XKRX:023350) Debt-to-EBITDA : 2.47 (As of Mar. 2024)


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What is Korea Engineering Consultants Debt-to-EBITDA?

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

Korea Engineering Consultants's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩24,988 Mil. Korea Engineering Consultants's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,057 Mil. Korea Engineering Consultants's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩10,527 Mil. Korea Engineering Consultants's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.47.

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 Engineering Consultants's Debt-to-EBITDA or its related term are showing as below:

XKRX:023350' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.78   Med: 3.21   Max: 27.53
Current: 1.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Korea Engineering Consultants was 27.53. The lowest was -8.78. And the median was 3.21.

XKRX:023350's Debt-to-EBITDA is ranked better than
61.19% of 1309 companies
in the Construction industry
Industry Median: 2.32 vs XKRX:023350: 1.58

Korea Engineering Consultants Debt-to-EBITDA Historical Data

The historical data trend for Korea Engineering Consultants'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 Engineering Consultants Debt-to-EBITDA Chart

Korea Engineering Consultants 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 27.53 3.56 1.86 2.86 1.52

Korea Engineering Consultants 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 2.56 3.46 5.26 0.60 2.47

Competitive Comparison of Korea Engineering Consultants's Debt-to-EBITDA

For the Engineering & Construction subindustry, Korea Engineering Consultants'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 Engineering Consultants's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Korea Engineering Consultants's Debt-to-EBITDA distribution charts can be found below:

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



Korea Engineering Consultants Debt-to-EBITDA Calculation

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

Korea Engineering Consultants'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
=(24930.932 + 955.669) / 17017.649
=1.52

Korea Engineering Consultants'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
=(24987.642 + 1057.21) / 10527.356
=2.47

* 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 Engineering Consultants  (XKRX:023350) 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 Engineering Consultants Debt-to-EBITDA Related Terms

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


Korea Engineering Consultants (XKRX:023350) Business Description

Traded in Other Exchanges
N/A
Address
4845, Geumgwang-Dong, Jungwon-Gu, Seongnam, Gyeonggi, KOR, 462-240
Korea Engineering Consultants Corp operates in the engineering and construction industry in South Korea. The business areas of the company are roads, highways, airports, railroads, water supply, bridges, urban planning, construction, and supervision.

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