Thinc Collective AB (NGM:THINC) Debt-to-EBITDA : 3.54 (As of Mar. 2026) — 316% Above Median

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NGM:THINC Thinc Collective AB NGM:THINC
27 GF Score
Price kr1.89
! 5 Warning Signs
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What is Thinc Collective AB Debt-to-EBITDA?

Thinc Collective AB NGM:THINC -7.35% 27 Debt-to-EBITDA is 3.54 as of Mar. 2026, which is 316% above its 10-year median of 0.85. GuruFocus rates NGM:THINC with a GF Score™ of 27/100. The stock has 5 warning signs investors should review. Among 678 Media - Diversified companies, Thinc Collective AB ranks worse than 55.01% on this metric.

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

Thinc Collective AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr15.1 Mil. Thinc Collective AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr8.9 Mil. Thinc Collective AB's annualized EBITDA for the quarter that ended in Mar. 2026 was kr6.8 Mil. Thinc Collective AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.54.

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

NGM:THINC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2   Med: 0.85   Max: 2.56
Current: 1.95

During the past 9 years, the highest Debt-to-EBITDA Ratio of Thinc Collective AB was 2.56. The lowest was -2.00. And the median was 0.85.

NGM:THINC's Debt-to-EBITDA is ranked worse than
55.01% of 678 companies
in the Media - Diversified industry
Industry Median: 1.655 vs NGM:THINC: 1.95

Thinc Collective AB  (NGM:THINC) 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.


Thinc Collective AB Debt-to-EBITDA Related Terms


Thinc Collective AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thinc Collective 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.

Thinc Collective AB Debt-to-EBITDA Chart

Thinc Collective AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.05 0.86 0.85 2.56 2.05

Thinc Collective AB 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 2.38 0.97 -10.93 1.39 3.54

NGM:THINC vs APP, OMC, TTD: Debt-to-EBITDA Comparison

For the Advertising Agencies subindustry, Thinc Collective 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.


Thinc Collective AB Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinc Collective AB's Debt-to-EBITDA distribution charts can be found below:

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


NGM:THINC
27GF Score
Thinc Collective AB NGM:THINC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinc Collective AB Debt-to-EBITDA Calculation

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

Thinc Collective AB'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
=(16.91 + 9.934) / 13.105
=2.05

Thinc Collective AB'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
=(15.116 + 8.875) / 6.772
=3.54

* 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 3.54 mean?
Thinc Collective AB (NGM:THINC) has a Debt-to-EBITDA of 3.54 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 Thinc Collective AB. This is 316% above median its historical median of 0.85. According to the industry distribution chart, Thinc Collective AB ranks #373 out of 678 companies in the Media - Diversified industry, placing it in the top 55%.
Is Thinc Collective AB's Debt-to-EBITDA too high?
Thinc Collective AB's current Debt-to-EBITDA of 3.54 is 316% above median its 10-year median of 0.85. The Media - Diversified industry median Debt-to-EBITDA is 1.66. Thinc Collective AB's value of 3.54 is 113.9% above this industry median. Based on the distribution chart, Thinc Collective AB ranks #373 out of 678 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Thinc Collective AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Thinc Collective AB's Debt-to-EBITDA compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Thinc Collective AB ranks #373 out of 678 companies for Debt-to-EBITDA. This places Thinc Collective AB in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. Thinc Collective AB's value of 3.54 is 113.9% above this benchmark. While the company's 10-year median is 0.85 vs. the industry median of 1.66, Thinc Collective AB has consistently been above the industry average. 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 a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.66, based on 678 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. Thinc Collective AB's current Debt-to-EBITDA of 3.54 is 113.9% above 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 Thinc Collective AB. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinc Collective AB's current Debt-to-EBITDA is 3.54, which is 316% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinc Collective AB stock overvalued right now?
Thinc Collective AB (NGM:THINC) has a current Debt-to-EBITDA of 3.54. The current Debt-to-EBITDA is 3.54, which is 316% above median its 10-year median of 0.85 and 113.9% above the Media - Diversified industry median of 1.66. Thinc Collective AB's overall GF Score™ is 27/100 with 5 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 Thinc Collective AB (NGM:THINC), the current Debt-to-EBITDA is 3.54 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.

Thinc Collective AB Business Description

Address Sodra Hamngatan 35, Gothenburg, SWE, 411 10
Thinc Collective AB is a Swedish software as a service company that develops event management systems. The group offers a group of companies within systems, communication and structure. The companies thinks up and implements ideas for its customers. Its areas of expertise range from data, analysis, technology development, SaaS systems for communication, media, PR, brand experience and financial information. The group targets customers regardless of industry with a need for coherent communication. Thinc Collective operates within the Nordic region.
27GF Score

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

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