Cloudberry Clean Energy ASA (CHIX:CLOUDO) Debt-to-EBITDA : 4.92 (As of Mar. 2026) — 115% Above Median

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CHIX:CLOUDO Cloudberry Clean Energy ASA CHIX:CLOUDO
74 GF Score
Price kr11.92
GF Value kr16.50
! 8 Warning Signs
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What is Cloudberry Clean Energy ASA Debt-to-EBITDA?

Cloudberry Clean Energy ASA CHIX:CLOUDO 74 Debt-to-EBITDA is 4.92 as of Mar. 2026, which is 115% above its 10-year median of 2.29. GuruFocus rates CHIX:CLOUDO with a GF Score™ of 74/100 and a GF Value™ of kr16.50. The stock has 8 warning signs investors should review. Among 339 Utilities - Independent Power Producers companies, Cloudberry Clean Energy ASA ranks worse than 63.42% on this metric.

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

Cloudberry Clean Energy ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr1,763.0 Mil. Cloudberry Clean Energy ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr1,878.0 Mil. Cloudberry Clean Energy ASA's annualized EBITDA for the quarter that ended in Mar. 2026 was kr740.0 Mil. Cloudberry Clean Energy ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.92.

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 Cloudberry Clean Energy ASA's Debt-to-EBITDA or its related term are showing as below:

CHIX:CLOUDo' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.88   Med: 2.29   Max: 8.31
Current: 7.03

During the past 8 years, the highest Debt-to-EBITDA Ratio of Cloudberry Clean Energy ASA was 8.31. The lowest was -8.88. And the median was 2.29.

CHIX:CLOUDo's Debt-to-EBITDA is ranked worse than
63.42% of 339 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.59 vs CHIX:CLOUDo: 7.03

Cloudberry Clean Energy ASA  (CHIX:CLOUDo) 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.


Cloudberry Clean Energy ASA Debt-to-EBITDA Related Terms


Cloudberry Clean Energy ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cloudberry Clean Energy 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.

Cloudberry Clean Energy ASA Debt-to-EBITDA Chart

Cloudberry Clean Energy ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -6.27 2.29 3.89 4.95 8.31

Cloudberry Clean Energy ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.26 8.53 4.52 9.32 4.92

Cloudberry Clean Energy ASA Debt-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, Cloudberry Clean Energy 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.


Cloudberry Clean Energy ASA Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cloudberry Clean Energy ASA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cloudberry Clean Energy ASA's Debt-to-EBITDA falls into.


CHIX:CLOUDO
74GF Score
Cloudberry Clean Energy ASA CHIX:CLOUDO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Cloudberry Clean Energy ASA Debt-to-EBITDA Calculation

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

Cloudberry Clean Energy ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(146 + 3171) / 399
=8.31

Cloudberry Clean Energy ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1763 + 1878) / 740
=4.92

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.92 mean?
Cloudberry Clean Energy ASA (CHIX:CLOUDO) has a Debt-to-EBITDA of 4.92 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cloudberry Clean Energy ASA. This is 115% above median its historical median of 2.29. According to the industry distribution chart, Cloudberry Clean Energy ASA ranks #215 out of 339 companies in the Utilities - Independent Power Producers industry, placing it in the top 63.4%.
Is Cloudberry Clean Energy ASA's Debt-to-EBITDA too high?
Cloudberry Clean Energy ASA's current Debt-to-EBITDA of 4.92 is 115% above median its 10-year median of 2.29. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.59. Cloudberry Clean Energy ASA's value of 4.92 is 7.2% above this industry median. Based on the distribution chart, Cloudberry Clean Energy ASA ranks #215 out of 339 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Cloudberry Clean Energy ASA has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Cloudberry Clean Energy ASA's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Cloudberry Clean Energy ASA ranks #215 out of 339 companies for Debt-to-EBITDA. This places Cloudberry Clean Energy ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 4.59. Cloudberry Clean Energy ASA's value of 4.92 is 7.2% above this benchmark. While the company's 10-year median is 2.29 vs. the industry median of 4.59, Cloudberry Clean Energy ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.59, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cloudberry Clean Energy ASA's current Debt-to-EBITDA of 4.92 is 7.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cloudberry Clean Energy ASA. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloudberry Clean Energy ASA's current Debt-to-EBITDA is 4.92, which is 115% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudberry Clean Energy ASA stock overvalued right now?
Cloudberry Clean Energy ASA (CHIX:CLOUDO) has a current Debt-to-EBITDA of 4.92. The stock's GF Value™ is kr16.50, compared to a current price of kr11.92 — trading 27.8% below its estimated fair value. The current Debt-to-EBITDA is 4.92, which is 115% above median its 10-year median of 2.29 and 7.2% above the Utilities - Independent Power Producers industry median of 4.59. Cloudberry Clean Energy ASA's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cloudberry Clean Energy ASA (CHIX:CLOUDO), the current Debt-to-EBITDA is 4.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cloudberry Clean Energy ASA (CHIX:CLOUDO) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudberry Clean Energy ASA stock appears to be undervalued. The current stock price of kr11.92 is trading 27.8% below its estimated GF Value™ of kr16.50.

Key valuation signals for CHIX:CLOUDO:

  • Debt-to-EBITDA: 4.92 (115% above median its 10-year median of 2.29)
  • GF Value™: kr16.50 vs. price of kr11.92 (27.8% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 7.2% above the Utilities - Independent Power Producers median (#215 of 339)

No single metric tells the full story. See the CHIX:CLOUDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cloudberry Clean Energy ASA Business Description

Address Froyas gate 15, Oslo, NOR, NO-0273
Cloudberry Clean Energy ASA is an independent power producer, developing, owning and operating renewable assets in the Nordics. The company is focused on developing, owning, and operating hydropower plants, wind farms, BESS and solar plants across Norway, Sweden, and Denmark. The company has four segments: Projects, Commercial, Asset Management and Corporate. The majority of revenue is derived from the Commercial segment, which owns and manages renewable power assets with long-term cash flows in the Nordics. Geographically, it generates the maximum revenue from Denmark, followed by Norway and Sweden.
74GF Score

Get the complete analysis for CHIX:CLOUDO

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr11.92
Price
kr16.50
GF Value