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FORMETAL Co (XKRX:119500) Debt-to-EBITDA : 1.76 (As of Dec. 2024)


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What is FORMETAL Co Debt-to-EBITDA?

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

FORMETAL Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩4,084 Mil. FORMETAL Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩110 Mil. FORMETAL Co's annualized EBITDA for the quarter that ended in Dec. 2024 was ₩2,385 Mil. FORMETAL Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.76.

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

XKRX:119500' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.99   Med: 1.72   Max: 3.23
Current: 0.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of FORMETAL Co was 3.23. The lowest was 0.99. And the median was 1.72.

XKRX:119500's Debt-to-EBITDA is ranked better than
61.33% of 2273 companies
in the Industrial Products industry
Industry Median: 1.68 vs XKRX:119500: 0.99

FORMETAL Co Debt-to-EBITDA Historical Data

The historical data trend for FORMETAL 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.

FORMETAL Co Debt-to-EBITDA Chart

FORMETAL Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.76 1.67 1.19 0.99

FORMETAL Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.30 1.20 0.86 1.04 1.76

Competitive Comparison of FORMETAL Co's Debt-to-EBITDA

For the Metal Fabrication subindustry, FORMETAL 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.


FORMETAL Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FORMETAL Co's Debt-to-EBITDA distribution charts can be found below:

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



FORMETAL Co Debt-to-EBITDA Calculation

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

FORMETAL Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4084.25 + 110) / 4252.2
=0.99

FORMETAL Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4084.25 + 110) / 2385.128
=1.76

* 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. 2024) EBITDA data.


FORMETAL Co  (XKRX:119500) 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.


FORMETAL Co Debt-to-EBITDA Related Terms

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


FORMETAL Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1741, Mujang-ri, Jigok-myeon, Chungcheongnam-do, Seosan, KOR
FORMETAL Co Ltd is a Korea based manufacturer of various types of forgings and supplies components of precision instruments. The products offered by the company are RV gear, hold flange, shaft, sprocket, oil cap, ice cleat, center bearing, fork shift, yoke, spindle, pole, crank shaft and cam shaft, among others. The products are used in automobile, defense industry, wind power generation, heavy equipment, agricultural machine, and in other industries.

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