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XCounter AB (OSTO:XCT) Debt-to-EBITDA : -4.45 (As of Dec. 2012)


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What is XCounter AB Debt-to-EBITDA?

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

XCounter AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was kr0.00 Mil. XCounter AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was kr21.08 Mil. XCounter AB's annualized EBITDA for the quarter that ended in Dec. 2012 was kr-4.74 Mil. XCounter AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2012 was -4.45.

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

OSTO:XCT's Debt-to-EBITDA is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

XCounter AB Debt-to-EBITDA Historical Data

The historical data trend for XCounter 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.

XCounter AB Debt-to-EBITDA Chart

XCounter AB Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - -0.47 -1.06 -2.36 11.25

XCounter AB Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12
Debt-to-EBITDA -2.87 5.93 4.50 7.91 -4.45

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

For the Medical Devices subindustry, XCounter 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.


XCounter AB's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, XCounter AB's Debt-to-EBITDA distribution charts can be found below:

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



XCounter AB Debt-to-EBITDA Calculation

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

XCounter AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 21.079) / 1.873
=11.25

XCounter AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 21.079) / -4.736
=-4.45

* 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 (Dec. 2012) EBITDA data.


XCounter AB  (OSTO:XCT) 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.


XCounter AB Debt-to-EBITDA Related Terms

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XCounter AB (OSTO:XCT) Business Description

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