Teco 2030 ASA (OSL:TECO) Debt-to-EBITDA : -1.51 (As of Sep. 2023)

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What is Teco 2030 ASA Debt-to-EBITDA?

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

Teco 2030 ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr8.67 Mil. Teco 2030 ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr111.39 Mil. Teco 2030 ASA's annualized EBITDA for the quarter that ended in Sep. 2023 was kr-79.44 Mil. Teco 2030 ASA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -1.51.

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 Teco 2030 ASA's Debt-to-EBITDA or its related term are showing as below:

OSL:TECO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.01 Med: -2.83 Max: -0.51
Current: -1.48

During the past 4 years, the highest Debt-to-EBITDA Ratio of Teco 2030 ASA was -0.51. The lowest was -3.01. And the median was -2.83.

OSL:TECO's Debt-to-EBITDA is ranked worse than
100% of 2295 companies
in the Industrial Products industry
Industry Median: 1.72 vs OSL:TECO: -1.48

Teco 2030 ASA Debt-to-EBITDA Historical Data

The historical data trend for Teco 2030 ASA'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.

Teco 2030 ASA Debt-to-EBITDA Chart

Teco 2030 ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

N/A

-0.51

-2.83

-3.01

Teco 2030 ASA Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial									-1.77	-2.12	-1.55	-3.10	-1.51

Competitive Comparison of Teco 2030 ASA's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Teco 2030 ASA'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.

Teco 2030 ASA's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco 2030 ASA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Teco 2030 ASA's Debt-to-EBITDA falls into.

Teco 2030 ASA Debt-to-EBITDA Calculation

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

Teco 2030 ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(8.178	+	206.263)	/	-71.184
	=	-3.01

Teco 2030 ASA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(8.665	+	111.385)	/	-79.444
	=	-1.51

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 (Sep. 2023) EBITDA data.

Teco 2030 ASA (OSL:TECO) 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.

Teco 2030 ASA Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Teco 2030 ASA's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Teco 2030 ASA (OSL:TECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco 2030 ASA (OSL:TECO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

TECFF:USA TE9:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.teco2030.no

Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the United States and Malaysia, of which the USA accounts for the majority of the revenue.

Teco 2030 ASA (OSL:TECO) Headlines

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