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OUTsurance Group (FRA:RMQ0) Debt-to-EBITDA : 0.01 (As of Jun. 2023)


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What is OUTsurance Group Debt-to-EBITDA?

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

OUTsurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0 Mil. OUTsurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €4 Mil. OUTsurance Group's annualized EBITDA for the quarter that ended in Jun. 2023 was €497 Mil. OUTsurance Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.01.

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

FRA:RMQ0' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 0.75
Current: 0.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of OUTsurance Group was 0.75. The lowest was 0.00. And the median was 0.04.

FRA:RMQ0's Debt-to-EBITDA is ranked better than
92.91% of 296 companies
in the Insurance industry
Industry Median: 1.085 vs FRA:RMQ0: 0.06

OUTsurance Group Debt-to-EBITDA Historical Data

The historical data trend for OUTsurance Group'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.

OUTsurance Group Debt-to-EBITDA Chart

OUTsurance Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.04 0.04 0.02 0.05

OUTsurance Group Quarterly Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Jun24
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 0.02 0.03 0.01 0.01 N/A

Competitive Comparison of OUTsurance Group's Debt-to-EBITDA

For the Insurance - Diversified subindustry, OUTsurance Group'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.


OUTsurance Group's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, OUTsurance Group's Debt-to-EBITDA distribution charts can be found below:

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



OUTsurance Group Debt-to-EBITDA Calculation

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

OUTsurance Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 14.82) / 331.139
=0.04

OUTsurance Group'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 + 3.939) / 497.328
=0.01

* 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.


OUTsurance Group  (FRA:RMQ0) 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.


OUTsurance Group Debt-to-EBITDA Related Terms

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


OUTsurance Group Business Description

Comparable Companies
Traded in Other Exchanges
Address
1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157
OUTsurance Group Ltd is a insurance group that specializes in property and casualty insurance. The group's activities are focused on the South African, Australian and Irish markets. Its primary source of revenue is insurance premiums for risk underwritten in personal lines, commercial lines and life insurance products.

OUTsurance Group Headlines

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