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Gigasun AB (OSTO:GIGA) Debt-to-EBITDA : 2.39 (As of Mar. 2024)


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What is Gigasun AB Debt-to-EBITDA?

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

Gigasun AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr239.8 Mil. Gigasun AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.0 Mil. Gigasun AB's annualized EBITDA for the quarter that ended in Mar. 2024 was kr100.2 Mil. Gigasun AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.39.

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

OSTO:GIGA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.33   Med: 10.35   Max: 23.37
Current: 2.33

During the past 6 years, the highest Debt-to-EBITDA Ratio of Gigasun AB was 23.37. The lowest was 2.33. And the median was 10.35.

OSTO:GIGA's Debt-to-EBITDA is ranked worse than
61.09% of 699 companies
in the Semiconductors industry
Industry Median: 1.56 vs OSTO:GIGA: 2.33

Gigasun AB Debt-to-EBITDA Historical Data

The historical data trend for Gigasun AB'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.

Gigasun AB Debt-to-EBITDA Chart

Gigasun AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 11.26 23.37 5.95 7.90 10.41

Gigasun AB Quarterly Data
Dec18 Dec19 Jun20 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 12.36 10.77 5.63 22.34 2.39

Competitive Comparison of Gigasun AB's Debt-to-EBITDA

For the Solar subindustry, Gigasun AB'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.


Gigasun AB's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Gigasun AB's Debt-to-EBITDA distribution charts can be found below:

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



Gigasun AB Debt-to-EBITDA Calculation

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

Gigasun AB'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
=(229.409 + 800.041) / 98.936
=10.41

Gigasun AB'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
=(239.826 + 0) / 100.16
=2.39

* 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.


Gigasun AB  (OSTO:GIGA) 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.


Gigasun AB Debt-to-EBITDA Related Terms

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


Gigasun AB (OSTO:GIGA) Business Description

Traded in Other Exchanges
Address
Box 3083, Stockholm, SWE, 103 61
Advanced SolTech Sweden AB is a solar energy company.

Gigasun AB (OSTO:GIGA) Headlines

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