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Prostatype Genomics AB (FRA:PGO) Debt-to-EBITDA : -0.02 (As of Jun. 2023)


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What is Prostatype Genomics AB Debt-to-EBITDA?

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

Prostatype Genomics AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.03 Mil. Prostatype Genomics AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.02 Mil. Prostatype Genomics AB's annualized EBITDA for the quarter that ended in Jun. 2023 was €-3.29 Mil. Prostatype Genomics AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.02.

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

FRA:PGO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.07   Med: -0.31   Max: -0.03
Current: -0.37

During the past 5 years, the highest Debt-to-EBITDA Ratio of Prostatype Genomics AB was -0.03. The lowest was -1.07. And the median was -0.31.

FRA:PGO's Debt-to-EBITDA is ranked worse than
100% of 101 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.76 vs FRA:PGO: -0.37

Prostatype Genomics AB Debt-to-EBITDA Historical Data

The historical data trend for Prostatype Genomics 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.

Prostatype Genomics AB Debt-to-EBITDA Chart

Prostatype Genomics AB Annual Data
Trend Jun18 Jun19 Dec21 Dec22 Dec23
Debt-to-EBITDA
-1.07 -0.89 -0.08 -0.03 -0.31

Prostatype Genomics AB Quarterly Data
Jun18 Jun19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 -0.03 -0.03 -0.03 -0.02 N/A

Competitive Comparison of Prostatype Genomics AB's Debt-to-EBITDA

For the Diagnostics & Research subindustry, Prostatype Genomics 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.


Prostatype Genomics AB's Debt-to-EBITDA Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Prostatype Genomics AB's Debt-to-EBITDA distribution charts can be found below:

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



Prostatype Genomics AB Debt-to-EBITDA Calculation

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

Prostatype Genomics 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
=(1.037 + 0.006) / -3.399
=-0.31

Prostatype Genomics AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.034 + 0.023) / -3.288
=-0.02

* 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 (Jun. 2023) EBITDA data.


Prostatype Genomics AB  (FRA:PGO) 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.


Prostatype Genomics AB Debt-to-EBITDA Related Terms

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


Prostatype Genomics AB (FRA:PGO) Business Description

Traded in Other Exchanges
Address
Gustaf III:s Boulevard 34, Solna, SWE, 169 73
Prostatype Genomics AB manufactures, markets and sells the prognostic gene test Prostatype. By assessing the aggressiveness of prostate cancer, Prostatype helps clinicians and patients to make correct treatment decisions. Over and under treatment of prostate cancer can be minimized, the quality of life for the patient improved and money can be saved for the health care sector.

Prostatype Genomics AB (FRA:PGO) Headlines

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