Meriaura Group (OSTO:MERIS) Debt-to-EBITDA : 2.10 (As of Dec. 2023)

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What is Meriaura Group Debt-to-EBITDA?

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

Meriaura Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr35.3 Mil. Meriaura Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr137.1 Mil. Meriaura Group's annualized EBITDA for the quarter that ended in Dec. 2023 was kr82.2 Mil. Meriaura Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.10.

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 Meriaura Group's Debt-to-EBITDA or its related term are showing as below:

OSTO:MERIS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.83 Med: -0.43 Max: 2.43
Current: 2.43

During the past 11 years, the highest Debt-to-EBITDA Ratio of Meriaura Group was 2.43. The lowest was -4.83. And the median was -0.43.

OSTO:MERIS's Debt-to-EBITDA is ranked worse than
61.16% of 708 companies
in the Semiconductors industry
Industry Median: 1.605 vs OSTO:MERIS: 2.43

Meriaura Group Debt-to-EBITDA Historical Data

The historical data trend for Meriaura Group'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.

Meriaura Group Debt-to-EBITDA Chart

Meriaura Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.22

-0.13

-0.05

-4.83

2.43

Meriaura Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.04	-0.05	-6.18	3.06	2.10

Competitive Comparison of Meriaura Group's Debt-to-EBITDA

For the Solar subindustry, Meriaura Group'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.

Meriaura Group's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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

Meriaura Group Debt-to-EBITDA Calculation

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

Meriaura Group'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
	=	(35.303	+	137.107)	/	70.83
	=	2.43

Meriaura Group's annualized Debt-to-EBITDA for the quarter 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
	=	(35.303	+	137.107)	/	82.15
	=	2.10

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 two times the quarterly (Dec. 2023) EBITDA data.

Meriaura Group (OSTO:MERIS) 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.

Meriaura Group Debt-to-EBITDA Related Terms

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

Meriaura Group (OSTO:MERIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Meriaura Group Plc (OSTO:MERIS) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

MERIH:Finland 5J4:Germany

Address

Insinoorinkatu 7, Mikkeli, FIN, FI-50150

Website

https://www.meriauraenergy.com

Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

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