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Saab AB (Saab AB) Debt-to-EBITDA : 2.34 (As of Mar. 2024)


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What is Saab AB Debt-to-EBITDA?

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

Saab AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $72 Mil. Saab AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $870 Mil. Saab AB's annualized EBITDA for the quarter that ended in Mar. 2024 was $402 Mil. Saab AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.34.

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

SAABF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.97   Med: 2.06   Max: 3.44
Current: 1.87

During the past 13 years, the highest Debt-to-EBITDA Ratio of Saab AB was 3.44. The lowest was 0.97. And the median was 2.06.

SAABF's Debt-to-EBITDA is ranked better than
59.74% of 231 companies
in the Aerospace & Defense industry
Industry Median: 2.34 vs SAABF: 1.87

Saab AB Debt-to-EBITDA Historical Data

The historical data trend for Saab 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.

Saab AB Debt-to-EBITDA Chart

Saab AB 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 2.44 3.43 2.02 1.90 1.39

Saab AB 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 2.50 2.12 2.35 1.23 2.34

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

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Debt-to-EBITDA distribution charts can be found below:

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



Saab AB Debt-to-EBITDA Calculation

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

Saab 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
=(102.363 + 876.716) / 702.796
=1.39

Saab 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
=(72.325 + 869.824) / 402.256
=2.34

* 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.


Saab AB  (OTCPK:SAABF) 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.


Saab AB Debt-to-EBITDA Related Terms

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


Saab AB (Saab AB) Business Description

Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (Saab AB) Headlines

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