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Fastighets AB Balder (OSTO:BALD B) Debt-to-EBITDA : 17.68 (As of Mar. 2024)


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What is Fastighets AB Balder Debt-to-EBITDA?

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

Fastighets AB Balder's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Fastighets AB Balder's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr142,532 Mil. Fastighets AB Balder's annualized EBITDA for the quarter that ended in Mar. 2024 was kr8,064 Mil. Fastighets AB Balder's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 17.68.

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 Fastighets AB Balder's Debt-to-EBITDA or its related term are showing as below:

OSTO:BALD B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -33.67   Med: 5.48   Max: 8.97
Current: -33.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fastighets AB Balder was 8.97. The lowest was -33.67. And the median was 5.48.

OSTO:BALD B's Debt-to-EBITDA is ranked worse than
100% of 1266 companies
in the Real Estate industry
Industry Median: 5.745 vs OSTO:BALD B: -33.67

Fastighets AB Balder Debt-to-EBITDA Historical Data

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Debt-to-EBITDA Chart

Fastighets AB Balder Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 8.51 4.84 8.97 -31.07

Fastighets AB Balder Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.36 18.49 16.51 -3.32 17.68

Competitive Comparison of Fastighets AB Balder's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


Fastighets AB Balder's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fastighets AB Balder's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fastighets AB Balder's Debt-to-EBITDA falls into.



Fastighets AB Balder Debt-to-EBITDA Calculation

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

Fastighets AB Balder'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
=(12863 + 123714) / -4396
=-31.07

Fastighets AB Balder's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 142532) / 8064
=17.68

* 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 (Mar. 2024) EBITDA data.


Fastighets AB Balder  (OSTO:BALD B) 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.


Fastighets AB Balder Debt-to-EBITDA Related Terms

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


Fastighets AB Balder (OSTO:BALD B) Business Description

Traded in Other Exchanges
Address
Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (OSTO:BALD B) Headlines

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