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Readly International AB (LTS:0A7Q) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is Readly International AB Debt-to-EBITDA?

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

Readly International AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0.0 Mil. Readly International AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0.0 Mil. Readly International AB's annualized EBITDA for the quarter that ended in Sep. 2024 was kr74.1 Mil. Readly International AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.00.

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

LTS:0A7Q' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.44   Med: -0.26   Max: 0.64
Current: 0.64

During the past 7 years, the highest Debt-to-EBITDA Ratio of Readly International AB was 0.64. The lowest was -1.44. And the median was -0.26.

LTS:0A7Q's Debt-to-EBITDA is ranked better than
52.46% of 284 companies
in the Interactive Media industry
Industry Median: 0.785 vs LTS:0A7Q: 0.64

Readly International AB Debt-to-EBITDA Historical Data

The historical data trend for Readly International 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.

Readly International AB Debt-to-EBITDA Chart

Readly International AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.03 -0.22 -0.26 -0.40 -1.44

Readly International AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24
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 -0.22 -0.48 0.38 0.95 -

Competitive Comparison of Readly International AB's Debt-to-EBITDA

For the Internet Content & Information subindustry, Readly International 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.


Readly International AB's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Readly International AB's Debt-to-EBITDA distribution charts can be found below:

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



Readly International AB Debt-to-EBITDA Calculation

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

Readly International 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
=(7.291 + 6.857) / -9.823
=-1.44

Readly International AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 74.132
=0.00

* 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 (Sep. 2024) EBITDA data.


Readly International AB  (LTS:0A7Q) 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.


Readly International AB Debt-to-EBITDA Related Terms

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


Readly International AB Business Description

Traded in Other Exchanges
Address
Gjorwellsgatan 30, Stockholm, SWE, 112 60
Readly International AB is a provider of digital subscription services that offer access to digital magazines and newspapers. The subscription of the company gives the user unlimited access to thousands of magazines and newspapers in different local languages. Geographically company derived its revenue from Germany, UK, Sweden, France, and Others. The company derives its maximum revenue from Germany.

Readly International AB Headlines

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