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Hana 31 Special Purpose Acquisition Co (XKRX:469900) Debt-to-EBITDA : 4.20 (As of Sep. 2024)


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What is Hana 31 Special Purpose Acquisition Co Debt-to-EBITDA?

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

Hana 31 Special Purpose Acquisition Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩0.00 Mil. Hana 31 Special Purpose Acquisition Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩1,541.78 Mil. Hana 31 Special Purpose Acquisition Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ₩367.26 Mil. Hana 31 Special Purpose Acquisition Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 4.20.

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 Hana 31 Special Purpose Acquisition Co's Debt-to-EBITDA or its related term are showing as below:

XKRX:469900' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -199   Med: -199   Max: 7.86
Current: 7.86

During the past 1 years, the highest Debt-to-EBITDA Ratio of Hana 31 Special Purpose Acquisition Co was 7.86. The lowest was -199.00. And the median was -199.00.

XKRX:469900's Debt-to-EBITDA is ranked worse than
74.17% of 151 companies
in the Diversified Financial Services industry
Industry Median: 3.94 vs XKRX:469900: 7.86

Hana 31 Special Purpose Acquisition Co Debt-to-EBITDA Historical Data

The historical data trend for Hana 31 Special Purpose Acquisition 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.

Hana 31 Special Purpose Acquisition Co Debt-to-EBITDA Chart

Hana 31 Special Purpose Acquisition Co Annual Data
Trend Dec23
Debt-to-EBITDA
-199.00

Hana 31 Special Purpose Acquisition Co Quarterly Data
Mar24 Jun24 Sep24
Debt-to-EBITDA 27.73 4.20 4.20

Competitive Comparison of Hana 31 Special Purpose Acquisition Co's Debt-to-EBITDA

For the Shell Companies subindustry, Hana 31 Special Purpose Acquisition 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.


Hana 31 Special Purpose Acquisition Co's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hana 31 Special Purpose Acquisition Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hana 31 Special Purpose Acquisition Co's Debt-to-EBITDA falls into.



Hana 31 Special Purpose Acquisition Co Debt-to-EBITDA Calculation

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

Hana 31 Special Purpose Acquisition 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
=(0 + 1485.512) / -7.465
=-199.00

Hana 31 Special Purpose Acquisition 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
=(0 + 1541.778) / 367.26
=4.20

* 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.


Hana 31 Special Purpose Acquisition Co  (XKRX:469900) 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.


Hana 31 Special Purpose Acquisition Co Debt-to-EBITDA Related Terms

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Hana 31 Special Purpose Acquisition Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
82 Uisadong daero, Seoul, KOR
Website
Hana 31 Special Purpose Acquisition Co is a special purpose acquisition company.

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