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NDCVF (Nordic Semiconductor ASA) Debt-to-EBITDA : 2.36 (As of Sep. 2024)


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What is Nordic Semiconductor ASA Debt-to-EBITDA?

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

Nordic Semiconductor ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $10.6 Mil. Nordic Semiconductor ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $142.1 Mil. Nordic Semiconductor ASA's annualized EBITDA for the quarter that ended in Sep. 2024 was $64.8 Mil. Nordic Semiconductor ASA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 2.36.

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 Nordic Semiconductor ASA's Debt-to-EBITDA or its related term are showing as below:

NDCVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -41.09   Med: 0.53   Max: 2.64
Current: -41.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nordic Semiconductor ASA was 2.64. The lowest was -41.09. And the median was 0.53.

NDCVF's Debt-to-EBITDA is ranked worse than
100% of 702 companies
in the Semiconductors industry
Industry Median: 1.565 vs NDCVF: -41.09

Nordic Semiconductor ASA Debt-to-EBITDA Historical Data

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Debt-to-EBITDA Chart

Nordic Semiconductor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.36 0.16 0.10 2.64

Nordic Semiconductor ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.69 3.81 -1.65 -5.24 2.36

Competitive Comparison of Nordic Semiconductor ASA's Debt-to-EBITDA

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nordic Semiconductor ASA's Debt-to-EBITDA falls into.



Nordic Semiconductor ASA Debt-to-EBITDA Calculation

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

Nordic Semiconductor ASA'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
=(9.897 + 145.355) / 58.731
=2.64

Nordic Semiconductor ASA'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
=(10.585 + 142.089) / 64.772
=2.36

* 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.


Nordic Semiconductor ASA  (OTCPK:NDCVF) 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.


Nordic Semiconductor ASA Debt-to-EBITDA Related Terms

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


Nordic Semiconductor ASA Business Description

Address
Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.