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Hanssak Co (XKRX:430690) Debt-to-EBITDA : 0.17 (As of Dec. 2023)


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What is Hanssak Co Debt-to-EBITDA?

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

Hanssak Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,080 Mil. Hanssak Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩0 Mil. Hanssak Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩12,322 Mil. Hanssak Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.17.

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

XKRX:430690' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 0.94   Max: 1.33
Current: 0.87

During the past 4 years, the highest Debt-to-EBITDA Ratio of Hanssak Co was 1.33. The lowest was 0.07. And the median was 0.94.

XKRX:430690's Debt-to-EBITDA is ranked better than
54.38% of 1609 companies
in the Software industry
Industry Median: 1.06 vs XKRX:430690: 0.87

Hanssak Co Debt-to-EBITDA Historical Data

The historical data trend for Hanssak 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.

Hanssak Co Debt-to-EBITDA Chart

Hanssak Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.07 1.23 1.33 0.65

Hanssak Co Quarterly Data
Sep22 Dec22 Sep23 Dec23
Debt-to-EBITDA - 0.20 -1.07 0.17

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

For the Software - Infrastructure subindustry, Hanssak 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.


Hanssak Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Hanssak Co's Debt-to-EBITDA distribution charts can be found below:

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



Hanssak Co Debt-to-EBITDA Calculation

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

Hanssak 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
=(2080.411 + 0) / 3211.228
=0.65

Hanssak Co'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
=(2080.411 + 0) / 12321.696
=0.17

* 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. 2023) EBITDA data.


Hanssak Co  (XKRX:430690) 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.


Hanssak Co Debt-to-EBITDA Related Terms

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


Hanssak Co (XKRX:430690) Business Description

Traded in Other Exchanges
N/A
Address
Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR
Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

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