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Solux Co (XKRX:290690) Debt-to-EBITDA : -6.04 (As of Sep. 2024)


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What is Solux Co Debt-to-EBITDA?

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

Solux Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩29,940 Mil. Solux Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩13,308 Mil. Solux Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ₩-7,162 Mil. Solux Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -6.04.

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

XKRX:290690' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.91   Med: 2.01   Max: 4.11
Current: -5.48

During the past 8 years, the highest Debt-to-EBITDA Ratio of Solux Co was 4.11. The lowest was -21.91. And the median was 2.01.

XKRX:290690's Debt-to-EBITDA is ranked worse than
100% of 2273 companies
in the Industrial Products industry
Industry Median: 1.68 vs XKRX:290690: -5.48

Solux Co Debt-to-EBITDA Historical Data

The historical data trend for Solux 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.

Solux Co Debt-to-EBITDA Chart

Solux Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.61 2.05 1.98 -2.95 -21.91

Solux Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -14.55 -6.12 -140.09 -6.58 -6.04

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

For the Electrical Equipment & Parts subindustry, Solux 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.


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

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

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



Solux Co Debt-to-EBITDA Calculation

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

Solux 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
=(68537.521 + 14197.766) / -3775.99
=-21.91

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(29940.208 + 13308.002) / -7162.12
=-6.04

* 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 (Sep. 2024) EBITDA data.


Solux Co  (XKRX:290690) 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.


Solux Co Debt-to-EBITDA Related Terms

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


Solux Co Business Description

Traded in Other Exchanges
N/A
Address
5, Magokjungang 8-ro 3-gil, Gangseo-gu, Seoul, KOR, 07795
Solux Co Ltd is a manufacturer and supplier of lighting products for indoor, outdoor and special purpose lightings. The company's products include indoor, outdoor, special purpose lights.

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