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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 Spiltan Invest's Debt-to-EBITDA or its related term are showing as below:
NGM:SPLTN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.17 Med: -0.02 Max: 0.12
Current: -0.03
During the past 7 years, the highest Debt-to-EBITDA Ratio of Spiltan Invest was 0.12. The lowest was -0.17. And the median was -0.02.
NGM:SPLTN's Debt-to-EBITDA is ranked worse than 100% of 387
companies
in the Asset Management industry
Industry Median: 1.44
vs NGM:SPLTN: -0.03
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.
Spiltan Invest Debt-to-EBITDA Related Terms
Spiltan Invest Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Spiltan Invest'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.
NGM:SPLTN vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, Spiltan Invest'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.
Spiltan Invest Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Spiltan Invest's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Spiltan Invest's Debt-to-EBITDA falls into.
* 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. 2026) EBITDA data.
Spiltan Invest (NGM:SPLTN) has a Debt-to-EBITDA of 0.03 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Spiltan Invest. According to the industry distribution chart, Spiltan Invest ranks #999999 out of 387 companies in the Asset Management industry.
Is Spiltan Invest's Debt-to-EBITDA too high?
Spiltan Invest's current Debt-to-EBITDA is 0.03. The Asset Management industry median Debt-to-EBITDA is 1.44. Spiltan Invest's value of 0.03 is 97.9% below this industry median. Based on the distribution chart, Spiltan Invest ranks #999999 out of 387 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Spiltan Invest has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spiltan Invest's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Spiltan Invest ranks #999999 out of 387 companies for Debt-to-EBITDA. This places Spiltan Invest in the lower half of its industry. The industry median Debt-to-EBITDA is 1.44. Spiltan Invest's value of 0.03 is 97.9% below this benchmark. 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 1.44, based on 387 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. Spiltan Invest's current Debt-to-EBITDA of 0.03 is 97.9% below the industry median. 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 Spiltan Invest. For the Asset Management industry, the median Debt-to-EBITDA is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spiltan Invest's current Debt-to-EBITDA is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spiltan Invest stock overvalued right now?
Based on GuruFocus' analysis, Spiltan Invest (NGM:SPLTN) is currently considered Significantly Undervalued. The stock's GF Value™ is kr353.49, compared to a current price of kr180.00 — trading 49.1% below its estimated fair value. The current Debt-to-EBITDA is 0.03 and 97.9% below the Asset Management industry median of 1.44. Spiltan Invest's overall GF Score™ is 75/100. 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 Spiltan Invest (NGM:SPLTN), the current Debt-to-EBITDA is 0.03 as of Jun. 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 Spiltan Invest (NGM:SPLTN) Overvalued in 2026?
Based on GuruFocus' analysis, Spiltan Invest stock appears to be undervalued.
The current stock price of kr180.00 is trading 49.1% below its estimated GF Value™ of kr353.49.
GuruFocus considers Spiltan Invest to be Significantly Undervalued.
Key valuation signals for NGM:SPLTN:
Debt-to-EBITDA: 0.03
GF Value™: kr353.49 vs. price of kr180.00 (49.1% below fair value)
Industry Position: 97.9% below the Asset Management median (#999999 of 387)
No single metric tells the full story. See the NGM:SPLTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Investment AB Spiltan is an investment company that invests in listed and unlisted Swedish growth companies. It currently owns a portfolio consisting of tech, finance, real estate and industry.
75GF Score
Get the complete analysis for NGM:SPLTN
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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