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Great Rich Technologies (XKRX:900290) Debt-to-EBITDA : 2.30 (As of Dec. 2023)


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What is Great Rich Technologies Debt-to-EBITDA?

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

Great Rich Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩104,420 Mil. Great Rich Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩414,870 Mil. Great Rich Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was ₩225,871 Mil. Great Rich Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.30.

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 Great Rich Technologies's Debt-to-EBITDA or its related term are showing as below:

XKRX:900290' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 1.02   Max: 8.11
Current: 3.41

During the past 8 years, the highest Debt-to-EBITDA Ratio of Great Rich Technologies was 8.11. The lowest was 0.33. And the median was 1.02.

XKRX:900290's Debt-to-EBITDA is ranked worse than
62.54% of 1212 companies
in the Chemicals industry
Industry Median: 2.29 vs XKRX:900290: 3.41

Great Rich Technologies Debt-to-EBITDA Historical Data

The historical data trend for Great Rich Technologies'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.

Great Rich Technologies Debt-to-EBITDA Chart

Great Rich Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.36 0.33 1.91 8.11 5.60

Great Rich Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.92 8.06 4.76 2.77 2.30

Competitive Comparison of Great Rich Technologies's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Great Rich Technologies'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.


Great Rich Technologies's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Great Rich Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Great Rich Technologies's Debt-to-EBITDA falls into.



Great Rich Technologies Debt-to-EBITDA Calculation

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

Great Rich Technologies's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(276114.976 + 261798.3) / 96107.874
=5.60

Great Rich Technologies'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
=(104419.587 + 414869.565) / 225871.104
=2.30

* 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.


Great Rich Technologies  (XKRX:900290) 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.


Great Rich Technologies Debt-to-EBITDA Related Terms

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


Great Rich Technologies (XKRX:900290) Business Description

Traded in Other Exchanges
N/A
Address
9 Yin Chong Street, Room 01, 21st Floor, Prosper Commercial Building, Kowloon, Hong Kong, HKG
Great Rich Technologies Ltd is engaged in developing, manufacturing and marketing Casting Polypropylene and Polyethylene Terephthalate Films for consumer electronics. The company also produces 3D and Blue Light Block films.

Great Rich Technologies (XKRX:900290) Headlines

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