Korea Gas (XKRX:036460) Debt-to-EBITDA : 64.88 (As of Dec. 2023)

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What is Korea Gas Debt-to-EBITDA?

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

Korea Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩18,165,817 Mil. Korea Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩22,560,197 Mil. Korea Gas's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩627,700 Mil. Korea Gas's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 64.88.

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

XKRX:036460' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.57 Med: 11.65 Max: 18.71
Current: 15.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Korea Gas was 18.71. The lowest was 7.57. And the median was 11.65.

XKRX:036460's Debt-to-EBITDA is ranked worse than
93.72% of 462 companies
in the Utilities - Regulated industry
Industry Median: 3.59 vs XKRX:036460: 15.08

Korea Gas Debt-to-EBITDA Historical Data

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

Korea Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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10.04

11.62

7.57

9.63

15.08

Korea Gas 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															7.36	10.10	13.50	15.69	64.88

Competitive Comparison of Korea Gas's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Korea Gas'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 Gas's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Gas's Debt-to-EBITDA distribution charts can be found below:

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

Korea Gas Debt-to-EBITDA Calculation

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

Korea Gas'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
	=	(18165816.718	+	22560196.921)	/	2701479.179
	=	15.08

Korea Gas'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
	=	(18165816.718	+	22560196.921)	/	627700.204
	=	64.88

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.

Korea Gas (XKRX:036460) 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 Gas Debt-to-EBITDA Related Terms

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

Korea Gas (XKRX:036460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Korea Gas Corp (XKRX:036460) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

215 Jeongja-dong, Bundang-gu, Seongnam, KOR, 463-754

Website

http://www.kogas.or.kr

Korea Gas Corp is a Korean natural gas utility company. The Government of Korea holds a majority stake in the firm. Korea Gas Corp holds a monopoly as the country's only natural gas distributor with a nationwide network of pipelines and storage tanks. The company segments its operations into Domestic Business and Overseas Business units. The Domestic Business division encompasses Korea Gas' liquefied natural gas (LNG) purchasing, supply, storage, and pipeline distributing activities. The company primarily buys natural gas from Middle Eastern and Southeast Asian sources. Korea Gas' total revenue is split fairly evenly between the sale of natural gas to urban consumers and to the power sector. Korean housing and industrial customers represent the majority of the firm's customer base.

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