Scandinavian Real Heart AB (FRA:7820) Debt-to-EBITDA : -0.24 (As of Jun. 2026)

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FRA:7820 Scandinavian Real Heart AB FRA:7820
30 GF Score
Price €1.56
! 4 Warning Signs
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What is Scandinavian Real Heart AB Debt-to-EBITDA?

Scandinavian Real Heart AB FRA:7820 +4.00% 30 Debt-to-EBITDA is -0.24 as of Jun. 2026. GuruFocus rates FRA:7820 with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 471 Medical Devices & Instruments companies, Scandinavian Real Heart AB ranks worse than 212314.01% on this metric.

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

Scandinavian Real Heart AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0.12 Mil. Scandinavian Real Heart AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0.20 Mil. Scandinavian Real Heart AB's annualized EBITDA for the quarter that ended in Jun. 2026 was €-1.35 Mil. Scandinavian Real Heart AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -0.24.

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

FRA:7820' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.69   Med: -0.29   Max: -0.12
Current: -0.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Scandinavian Real Heart AB was -0.12. The lowest was -0.69. And the median was -0.29.

FRA:7820's Debt-to-EBITDA is ranked worse than
100% of 471 companies
in the Medical Devices & Instruments industry
Industry Median: 1.63 vs FRA:7820: -0.25

Scandinavian Real Heart AB  (FRA:7820) 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.


Scandinavian Real Heart AB Debt-to-EBITDA Related Terms


Scandinavian Real Heart AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Scandinavian Real Heart 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.

Scandinavian Real Heart AB Debt-to-EBITDA Chart

Scandinavian Real Heart AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.16 -0.12 -0.19 -0.13

Scandinavian Real Heart AB Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 -0.43 -0.53 -0.34 -0.33 -0.24

FRA:7820 vs ABT, SYK, MDT: Debt-to-EBITDA Comparison

For the Medical Devices subindustry, Scandinavian Real Heart 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.


Scandinavian Real Heart AB Debt-to-EBITDA vs Medical Devices & Instruments Industry

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

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


FRA:7820
30GF Score
Scandinavian Real Heart AB FRA:7820
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Scandinavian Real Heart AB Debt-to-EBITDA Calculation

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

Scandinavian Real Heart AB'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
=(0.146 + 0.264) / -3.205
=-0.13

Scandinavian Real Heart AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.116 + 0.204) / -1.348
=-0.24

* 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 two times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.24 mean?
Scandinavian Real Heart AB (FRA:7820) has a Debt-to-EBITDA of -0.24 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Scandinavian Real Heart AB. According to the industry distribution chart, Scandinavian Real Heart AB ranks #999999 out of 471 companies in the Medical Devices & Instruments industry.
Is Scandinavian Real Heart AB's Debt-to-EBITDA too high?
Scandinavian Real Heart AB's current Debt-to-EBITDA is -0.24. Based on the distribution chart, Scandinavian Real Heart AB ranks #999999 out of 471 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Scandinavian Real Heart AB has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Real Heart AB's Debt-to-EBITDA compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Scandinavian Real Heart AB ranks #999999 out of 471 companies for Debt-to-EBITDA. This places Scandinavian Real Heart AB in the lower half of its industry. The industry median Debt-to-EBITDA is 1.63. 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 a Medical Devices & Instruments company?
The median Debt-to-EBITDA among Medical Devices & Instruments companies is 1.63, based on 471 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. 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 Scandinavian Real Heart AB. For the Medical Devices & Instruments industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Real Heart AB's current Debt-to-EBITDA is -0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Real Heart AB stock overvalued right now?
Scandinavian Real Heart AB (FRA:7820) has a current Debt-to-EBITDA of -0.24. The current Debt-to-EBITDA is -0.24. Scandinavian Real Heart AB's overall GF Score™ is 30/100 with 4 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 Scandinavian Real Heart AB (FRA:7820), the current Debt-to-EBITDA is -0.24 as of Jun. 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.

Scandinavian Real Heart AB Business Description

Other Exchanges HEART:Sweden
Address Kopparbergsvagen 6, Vasteras, SWE, 722 13
Scandinavian Real Heart AB is engaged in developing an artificial heart that mimics the shape, function, and bloodflow pattern of the human heart. The company conducts research and development in medical technology and is developing an artificial heart that mimics the function of a natural heart - a so-called total artificial heart (TAH), Realhear, TAH. It is a Swedish-patented product that saves lives and improves the quality of life.
30GF Score

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

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