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Austevoll Seafood ASA (Austevoll Seafood ASA) Debt-to-EBITDA : 13.61 (As of Sep. 2023)


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What is Austevoll Seafood ASA Debt-to-EBITDA?

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

Austevoll Seafood ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $350 Mil. Austevoll Seafood ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,056 Mil. Austevoll Seafood ASA's annualized EBITDA for the quarter that ended in Sep. 2023 was $103 Mil. Austevoll Seafood ASA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 13.61.

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

ASTVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.29   Med: 2.07   Max: 3.61
Current: 3.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Austevoll Seafood ASA was 3.61. The lowest was 1.29. And the median was 2.07.

ASTVF's Debt-to-EBITDA is ranked worse than
60.21% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs ASTVF: 3.04

Austevoll Seafood ASA Debt-to-EBITDA Historical Data

The historical data trend for Austevoll Seafood 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.

Austevoll Seafood ASA Debt-to-EBITDA Chart

Austevoll Seafood ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 2.16 3.61 1.75 1.49

Austevoll Seafood ASA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.46 2.65 1.38 2.42 13.61

Competitive Comparison of Austevoll Seafood ASA's Debt-to-EBITDA

For the Farm Products subindustry, Austevoll Seafood 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.


Austevoll Seafood ASA's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Austevoll Seafood ASA's Debt-to-EBITDA distribution charts can be found below:

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



Austevoll Seafood ASA Debt-to-EBITDA Calculation

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

Austevoll Seafood ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(296.657 + 850.093) / 768.312
=1.49

Austevoll Seafood ASA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(350.22 + 1055.88) / 103.312
=13.61

* 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 (Sep. 2023) EBITDA data.


Austevoll Seafood ASA  (OTCPK:ASTVF) 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.


Austevoll Seafood ASA Debt-to-EBITDA Related Terms

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


Austevoll Seafood ASA (Austevoll Seafood ASA) Business Description

Traded in Other Exchanges
Address
Alfabygget, Storebo, NOR, 5392
Austevoll Seafood ASA is a fishery and seafood company that owns and operates fishing vessels, fishmeal plants, canning plants, freezing plants, salmon farming, and marketing and sales. The company mainly operates in Norway, the U.K., Peru, Chile, and North Atlantic region. AUSS's activities are segmented as Leroy Seafood Group ASA (Europe), Austral Group S.A.A (Peru), Foodcorp Chile S.A (Chile), Br. Birkeland AS (Norway), Br. Birkeland Farming AS (Norway) and the joint venture Pelagia Holding AS (Europe). Among the segments, Leroy Seafood Group ASA (Europe) generates the majority of the group's income.

Austevoll Seafood ASA (Austevoll Seafood ASA) Headlines

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