Holding Nov Vek AD (LTS:0IV6) Debt-to-EBITDA : -384.04 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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LTS:0IV6 Holding Nov Vek AD LTS:0IV6
44 GF Score
Price лв16.20
GF Value лв27.04
! 6 Warning Signs
View Full Analysis

What is Holding Nov Vek AD Debt-to-EBITDA?

Holding Nov Vek AD LTS:0IV6 44 Debt-to-EBITDA is -384.04 as of Mar. 2026. GuruFocus rates LTS:0IV6 with a GF Score™ of 44/100 and a GF Value™ of лв27.04. The stock has 6 warning signs investors should review. Among 388 Asset Management companies, Holding Nov Vek AD ranks worse than 96.13% on this metric.

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

Holding Nov Vek AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was лв23.90 Mil. Holding Nov Vek AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was лв28.33 Mil. Holding Nov Vek AD's annualized EBITDA for the quarter that ended in Mar. 2026 was лв-0.14 Mil. Holding Nov Vek AD's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -384.04.

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 Holding Nov Vek AD's Debt-to-EBITDA or its related term are showing as below:

LTS:0IV6' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.25   Med: 16.09   Max: 95.3
Current: 22.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Holding Nov Vek AD was 95.30. The lowest was 6.25. And the median was 16.09.

LTS:0IV6's Debt-to-EBITDA is ranked worse than
96.13% of 388 companies
in the Asset Management industry
Industry Median: 1.385 vs LTS:0IV6: 22.03

Holding Nov Vek AD  (LTS:0IV6) 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.


Holding Nov Vek AD Debt-to-EBITDA Related Terms


Holding Nov Vek AD Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Holding Nov Vek AD'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.

Holding Nov Vek AD Debt-to-EBITDA Chart

Holding Nov Vek AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.65 12.46 19.23 95.29 49.80

Holding Nov Vek AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 115.62 59.28 15.54 -384.04

LTS:0IV6 vs BLK, BX, KKR: Debt-to-EBITDA Comparison

For the Asset Management subindustry, Holding Nov Vek AD'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.


Holding Nov Vek AD Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Holding Nov Vek AD's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Holding Nov Vek AD's Debt-to-EBITDA falls into.


LTS:0IV6
44GF Score
Holding Nov Vek AD LTS:0IV6
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holding Nov Vek AD Debt-to-EBITDA Calculation

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

Holding Nov Vek AD's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(48.01 + 58.709) / 2.143
=49.80

Holding Nov Vek AD's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(23.899 + 28.33) / -0.136
=-384.04

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -384.04 mean?
Holding Nov Vek AD (LTS:0IV6) has a Debt-to-EBITDA of -384.04 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Holding Nov Vek AD. Over the past decade, Holding Nov Vek AD's Debt-to-EBITDA has ranged from 6.25 to 95.30. According to the industry distribution chart, Holding Nov Vek AD ranks #373 out of 388 companies in the Asset Management industry, placing it in the top 96.1%.
Is Holding Nov Vek AD's Debt-to-EBITDA too high?
Holding Nov Vek AD's current Debt-to-EBITDA is -384.04. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 95.30. Based on the distribution chart, Holding Nov Vek AD ranks #373 out of 388 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Holding Nov Vek AD has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Holding Nov Vek AD's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Holding Nov Vek AD ranks #373 out of 388 companies for Debt-to-EBITDA. This places Holding Nov Vek AD in the lower half of its industry. The industry median Debt-to-EBITDA is 1.39. Historically, Holding Nov Vek AD's own Debt-to-EBITDA has ranged from 6.25 to 95.30 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.39, based on 388 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Holding Nov Vek AD. For the Asset Management industry, the median Debt-to-EBITDA is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holding Nov Vek AD's current Debt-to-EBITDA is -384.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holding Nov Vek AD stock overvalued right now?
Holding Nov Vek AD (LTS:0IV6) has a current Debt-to-EBITDA of -384.04. The stock's GF Value™ is лв27.04, compared to a current price of лв16.20 — trading 40.1% below its estimated fair value. The current Debt-to-EBITDA is -384.04. Holding Nov Vek AD's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Holding Nov Vek AD (LTS:0IV6), the current Debt-to-EBITDA is -384.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Holding Nov Vek AD (LTS:0IV6) Overvalued in 2026?

Based on GuruFocus' analysis, Holding Nov Vek AD stock appears to be undervalued. The current stock price of лв16.20 is trading 40.1% below its estimated GF Value™ of лв27.04.

Key valuation signals for LTS:0IV6:

  • Debt-to-EBITDA: -384.04
  • GF Value™: лв27.04 vs. price of лв16.20 (40.1% below fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the LTS:0IV6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Holding Nov Vek AD Business Description

Other Exchanges HNVK:Bulgaria
Address Gr. 13 Ship Mountain Street, Sofia, BGR
Holding Nov Vek AD is engaged in the acquisition, appraisal and managing of shares, bonds, as well as the cession of licenses for patents. Its activities are: securities acquiring, management and sale, evaluation and sale of patent rights.
44GF Score

Get the complete analysis for LTS:0IV6

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

лв16.20
Price
лв27.04
GF Value