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Entra ASA (OSTO:ENTRAO) Debt-to-EBITDA : -10.69 (As of Mar. 2024)


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What is Entra ASA Debt-to-EBITDA?

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

Entra ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr534 Mil. Entra ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr37,601 Mil. Entra ASA's annualized EBITDA for the quarter that ended in Mar. 2024 was kr-3,568 Mil. Entra ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -10.69.

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

OSTO:ENTRAo' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.34   Med: 4.44   Max: 73.22
Current: -5.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Entra ASA was 73.22. The lowest was -7.34. And the median was 4.44.

OSTO:ENTRAo's Debt-to-EBITDA is ranked worse than
100% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs OSTO:ENTRAo: -5.84

Entra ASA Debt-to-EBITDA Historical Data

The historical data trend for Entra 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.

Entra ASA Debt-to-EBITDA Chart

Entra ASA 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 4.71 2.74 3.66 73.22 -7.34

Entra ASA 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 72.03 -7.27 -6.58 -3.47 -10.69

Competitive Comparison of Entra ASA's Debt-to-EBITDA

For the Real Estate Services subindustry, Entra 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.


Entra ASA's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Entra ASA Debt-to-EBITDA Calculation

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

Entra ASA'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
=(961 + 38156) / -5332
=-7.34

Entra ASA'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
=(534 + 37601) / -3568
=-10.69

* 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.


Entra ASA  (OSTO:ENTRAo) 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.


Entra ASA Debt-to-EBITDA Related Terms

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


Entra ASA (OSTO:ENTRAO) Business Description

Traded in Other Exchanges
Address
Biskop Gunnerus Gate 14A, Oslo, NOR, 0185
Entra ASA owns, develops, and manages properties in Norway. Office properties make up nearly the entire property portfolio, which is concentrated in Oslo and in surrounding regions of Bergen, Stavanger, and Trondheim. The company primarily leases its properties to the public sector. Rental income accounts for nearly all the company's operating revenue. It also generates income through property appreciation and sale. Properties in Oslo make up more than half the value of the company's total property portfolio and comprise most of the company's rental income.

Entra ASA (OSTO:ENTRAO) Headlines

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