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Godsinlosen Nordic AB (FRA:83H) Debt-to-EBITDA : -0.29 (As of Mar. 2024)


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What is Godsinlosen Nordic AB Debt-to-EBITDA?

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

Godsinlosen Nordic AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.47 Mil. Godsinlosen Nordic AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Godsinlosen Nordic AB's annualized EBITDA for the quarter that ended in Mar. 2024 was €-1.65 Mil. Godsinlosen Nordic AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.29.

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

FRA:83H' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.32   Med: -0.05   Max: 2.04
Current: -0.56

During the past 5 years, the highest Debt-to-EBITDA Ratio of Godsinlosen Nordic AB was 2.04. The lowest was -2.32. And the median was -0.05.

FRA:83H's Debt-to-EBITDA is ranked worse than
100% of 1610 companies
in the Software industry
Industry Median: 1.06 vs FRA:83H: -0.56

Godsinlosen Nordic AB Debt-to-EBITDA Historical Data

The historical data trend for Godsinlosen Nordic 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.

Godsinlosen Nordic AB Debt-to-EBITDA Chart

Godsinlosen Nordic AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
2.04 -2.32 - -0.05 -0.28

Godsinlosen Nordic AB Quarterly Data
Dec19 Mar20 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 - - - 0.87 -0.29

Competitive Comparison of Godsinlosen Nordic AB's Debt-to-EBITDA

For the Information Technology Services subindustry, Godsinlosen Nordic 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.


Godsinlosen Nordic AB's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Godsinlosen Nordic AB's Debt-to-EBITDA distribution charts can be found below:

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



Godsinlosen Nordic AB Debt-to-EBITDA Calculation

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

Godsinlosen Nordic 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
=(0 + 0.302) / -1.074
=-0.28

Godsinlosen Nordic 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
=(0.474 + 0) / -1.648
=-0.29

* 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.


Godsinlosen Nordic AB  (FRA:83H) 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.


Godsinlosen Nordic AB Debt-to-EBITDA Related Terms

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


Godsinlosen Nordic AB (FRA:83H) Business Description

Traded in Other Exchanges
Address
Handelsvagen 18, Staffanstorp, SWE, 245 22
Godsinlosen Nordic AB is an innovative growth company whose business concept is to optimize product flows according to circular economic principles. The company delivers a complete solution for handling returns and complaints to e-retailers, producers and distributors in a cost-effective and sustainable way, and offers a complete circular claims settlement process to the insurance industry.

Godsinlosen Nordic AB (FRA:83H) Headlines

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