Karnell Group AB (FRA:O4X) Debt-to-EBITDA : 3.80 (As of Mar. 2024)

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What is Karnell Group AB Debt-to-EBITDA?

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

Karnell Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €15.00 Mil. Karnell Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €34.10 Mil. Karnell Group AB's annualized EBITDA for the quarter that ended in Mar. 2024 was €12.94 Mil. Karnell Group AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.80.

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

FRA:O4X' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.66 Med: 3.6 Max: 15.18
Current: 15.18

During the past 3 years, the highest Debt-to-EBITDA Ratio of Karnell Group AB was 15.18. The lowest was 1.66. And the median was 3.60.

FRA:O4X's Debt-to-EBITDA is ranked worse than
93.07% of 361 companies
in the Asset Management industry
Industry Median: 1.3 vs FRA:O4X: 15.18

Karnell Group AB Debt-to-EBITDA Historical Data

The historical data trend for Karnell Group 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.

Karnell Group AB Debt-to-EBITDA Chart

Karnell Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

4.25

3.60

1.66

Karnell Group AB Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Debt-to-EBITDA	N/A	N/A	-	N/A	3.80

Competitive Comparison of Karnell Group AB's Debt-to-EBITDA

For the Asset Management subindustry, Karnell Group 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.

Karnell Group AB's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Karnell Group AB's Debt-to-EBITDA distribution charts can be found below:

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

Karnell Group AB Debt-to-EBITDA Calculation

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

Karnell Group 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
	=	(10.619	+	29.085)	/	23.905
	=	1.66

Karnell Group 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
	=	(14.996	+	34.1)	/	12.936
	=	3.80

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.

Karnell Group AB (FRA:O4X) 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.

Karnell Group AB Debt-to-EBITDA Related Terms

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

Karnell Group AB (FRA:O4X) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KARNEL B:Sweden

Address

Riddargatan 13D, Stockholm, SWE, 114 51

Website

https://www.karnell.se

Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

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