Smart Radar System (XKRX:424960) Debt-to-EBITDA : -0.51 (As of Dec. 2023)

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What is Smart Radar System Debt-to-EBITDA?

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

Smart Radar System's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,797 Mil. Smart Radar System's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩97 Mil. Smart Radar System's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩-5,719 Mil. Smart Radar System's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.51.

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 Smart Radar System's Debt-to-EBITDA or its related term are showing as below:

XKRX:424960' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.83 Med: -0.64 Max: -0.51
Current: -0.77

During the past 4 years, the highest Debt-to-EBITDA Ratio of Smart Radar System was -0.51. The lowest was -0.83. And the median was -0.64.

XKRX:424960's Debt-to-EBITDA is ranked worse than
100% of 1739 companies
in the Hardware industry
Industry Median: 1.79 vs XKRX:424960: -0.77

Smart Radar System Debt-to-EBITDA Historical Data

The historical data trend for Smart Radar System'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.

Smart Radar System Debt-to-EBITDA Chart

Smart Radar System Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.62

-0.83

-0.51

-0.66

Smart Radar System Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-0.31	-0.56	-0.68	-0.51

Competitive Comparison of Smart Radar System's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Smart Radar System'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.

Smart Radar System's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Smart Radar System's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Smart Radar System's Debt-to-EBITDA falls into.

Smart Radar System Debt-to-EBITDA Calculation

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

Smart Radar System'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
	=	(2796.568	+	97.288)	/	-4360.553
	=	-0.66

Smart Radar System'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
	=	(2796.568	+	97.288)	/	-5718.708
	=	-0.51

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.

Smart Radar System (XKRX:424960) 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.

Smart Radar System Debt-to-EBITDA Related Terms

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

Smart Radar System (XKRX:424960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart Radar System Inc (XKRX:424960) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496

Website

https://www.smartradarsystem.com

Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

Smart Radar System (XKRX:424960) Headlines

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