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Mertiva AB (LTS:0GSH) Debt-to-EBITDA : 0.34 (As of Jun. 2020)


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What is Mertiva AB Debt-to-EBITDA?

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

Mertiva AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was kr12.62 Mil. Mertiva AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was kr0.00 Mil. Mertiva AB's annualized EBITDA for the quarter that ended in Jun. 2020 was kr37.20 Mil. Mertiva AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2020 was 0.34.

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

LTS:0GSH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.15
Current: 0.15

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mertiva AB was 0.15. The lowest was 0.00. And the median was 0.00.

LTS:0GSH's Debt-to-EBITDA is not ranked
in the Asset Management industry.
Industry Median: 1.3 vs LTS:0GSH: 0.15

Mertiva AB Debt-to-EBITDA Historical Data

The historical data trend for Mertiva 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.

Mertiva AB Debt-to-EBITDA Chart

Mertiva AB Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Dec16 Dec17 Dec18 Dec19
Debt-to-EBITDA
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Mertiva AB Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 - - - - 0.34

Competitive Comparison of Mertiva AB's Debt-to-EBITDA

For the Asset Management subindustry, Mertiva 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.


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

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

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



Mertiva AB Debt-to-EBITDA Calculation

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

Mertiva AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 76.992
=0.00

Mertiva AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12.616 + 0) / 37.196
=0.34

* 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 two times the quarterly (Jun. 2020) EBITDA data.


Mertiva AB  (LTS:0GSH) 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.


Mertiva AB Debt-to-EBITDA Related Terms

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


Mertiva AB (LTS:0GSH) Business Description

Traded in Other Exchanges
N/A
Address
Edsviksvägen 89, Danderyd, Stockholm, SWE, 182 35
Mertiva AB is a Swedish investment company. The company focuses on investments it estimates that the relationship between expected return and risk is attractive.

Mertiva AB (LTS:0GSH) Headlines

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