Gigantelmon AS (FRA:96M) Debt-to-EBITDA : -17.80 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:96M Gigante Salmon AS FRA:96M
36 GF Score
Price €0.58
! 5 Warning Signs
View Full Analysis

What is Gigantelmon AS Debt-to-EBITDA?

Gigantelmon AS FRA:96M -1.69% 36 Debt-to-EBITDA is -17.80 as of Mar. 2026. GuruFocus rates FRA:96M with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 1,553 Consumer Packaged Goods companies, Gigantelmon AS ranks worse than 99.23% on this metric.

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

Gigantelmon AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €8.96 Mil. Gigantelmon AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €38.67 Mil. Gigantelmon AS's annualized EBITDA for the quarter that ended in Mar. 2026 was €-2.68 Mil. Gigantelmon AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -17.80.

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 Gigantelmon AS's Debt-to-EBITDA or its related term are showing as below:

FRA:96M' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -199.34   Med: 61.02   Max: 116.57
Current: 90.41

During the past 7 years, the highest Debt-to-EBITDA Ratio of Gigantelmon AS was 116.57. The lowest was -199.34. And the median was 61.02.

FRA:96M's Debt-to-EBITDA is ranked worse than
99.23% of 1553 companies
in the Consumer Packaged Goods industry
Industry Median: 2.08 vs FRA:96M: 90.41

Gigantelmon AS  (FRA:96M) 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.


Gigantelmon AS Debt-to-EBITDA Related Terms


Gigantelmon AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Gigantelmon AS'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.

Gigantelmon AS Debt-to-EBITDA Chart

Gigantelmon AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 116.89 -199.73 61.03

Gigantelmon AS 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 -159.05 -38.19 28.08 16.60 -17.80

FRA:96M vs ADM, BG, TSN: Debt-to-EBITDA Comparison

For the Farm Products subindustry, Gigantelmon AS'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.


Gigantelmon AS Debt-to-EBITDA vs Consumer Packaged Goods Industry

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

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


FRA:96M
36GF Score
Gigante Salmon AS FRA:96M
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gigantelmon AS Debt-to-EBITDA Calculation

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

Gigantelmon AS'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
=(19.586 + 43.093) / 1.027
=61.03

Gigantelmon AS'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
=(8.956 + 38.67) / -2.676
=-17.80

* 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 -17.80 mean?
Gigantelmon AS (FRA:96M) has a Debt-to-EBITDA of -17.80 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 Gigantelmon AS. According to the industry distribution chart, Gigantelmon AS ranks #1541 out of 1553 companies in the Consumer Packaged Goods industry, placing it in the top 99.2%.
Is Gigantelmon AS's Debt-to-EBITDA too high?
Gigantelmon AS's current Debt-to-EBITDA is -17.80. Based on the distribution chart, Gigantelmon AS ranks #1541 out of 1553 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Gigantelmon AS has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Gigantelmon AS's Debt-to-EBITDA compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Gigantelmon AS ranks #1541 out of 1553 companies for Debt-to-EBITDA. This places Gigantelmon AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. 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 Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,553 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 Gigantelmon AS. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gigantelmon AS's current Debt-to-EBITDA is -17.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigantelmon AS stock overvalued right now?
Gigantelmon AS (FRA:96M) has a current Debt-to-EBITDA of -17.80. The current Debt-to-EBITDA is -17.80. Gigantelmon AS's overall GF Score™ is 36/100 with 5 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 Gigantelmon AS (FRA:96M), the current Debt-to-EBITDA is -17.80 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.

Gigantelmon AS Business Description

Other Exchanges GIGA:Norway96M:Germany
Address Sjogata 21, Bodo, NOR, 8006
Gigante Salmon AS engages in land based salmon farming. It develops and operates a modern, land -based flow -through facility for the production of Atlantic salmon at Lille Indre Rosoy in Rodoy municipality.
36GF Score

Get the complete analysis for FRA:96M

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

€0.58
Price