Korea Electric Power Net debt/EBITDA
What is the Net debt/EBITDA of Korea Electric Power?
The Net debt/EBITDA of Korea Electric Power is 30,875.22
What is the definition of Net debt/EBITDA?
The net debt to earnings before interest, taxes, depreciation, and amortization (Net debt/EBITDA) ratio measures financial leverage and the company’s ability to pay off its debt. It shows how long it would take the company to pay off all its debt with operations at the current level.
The net debt to EBITDA ratio is calculated as Net debt divided by EBITDA. It is similar to the debt to EBITDA ratio, but cash and cash equivalents are subtracted in net debt.
Net debt = short-term debt + long-term debt - cash and cash equivalents
EBITDA = net income + interest expense + taxes + depreciation + amortization
Lower debt debt to EBITDA ratio indicates the company is not heavily indebted and should be able to repay its obligations. Alternatively, higher ratio indicated the company is excessively indebted. The ratio varies between industries as different industries have different capital requirements. Usually, the ratio should be compared to a benchmark or an industry average to determine the company’s credit risk. Generally, a net debt to EBITDA ratio above 4 or 5 is considered high.
Net debt/EBITDA of companies in the Utilities sector on NYSE compared to Korea Electric Power
What does Korea Electric Power do?
Korea Electric Power Corporation, better known as KEPCO or Hanjeon, is the largest electric utility in South Korea, responsible for the generation, transmission and distribution of electricity and the development of electric power projects including those in nuclear power, wind power and coal.
Companies with net debt/ebitda similar to Korea Electric Power
- Ecopetrol SA has Net debt/EBITDA of 14,704.08
- Telkom Indonesia (Persero) Tbk PT has Net debt/EBITDA of 14,904.98
- Zhongchao has Net debt/EBITDA of 19,979.29
- 11 88 0 Solutions AG has Net debt/EBITDA of 24,411.27
- PT Bank Rakyat Indonesia (Persero) Tbk has Net debt/EBITDA of 25,144.32
- Banco de Chile has Net debt/EBITDA of 28,896.78
- Korea Electric Power has Net debt/EBITDA of 30,875.22
- PT Astra International Tbk has Net debt/EBITDA of 44,856.47
- PT Semen Indonesia (Persero) Tbk has Net debt/EBITDA of 66,093.38
- Zall has Net debt/EBITDA of 76,040.97
- PT XL Axiata Tbk has Net debt/EBITDA of 437,044.31
- Mizuho has Net debt/EBITDA of 948,247.21