Lamor Oyj (OHEL:LAMOR) Debt-to-EBITDA : 5.80 (As of Mar. 2024)

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What is Lamor Oyj Debt-to-EBITDA?

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

Lamor Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €21.7 Mil. Lamor Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €41.3 Mil. Lamor Oyj's annualized EBITDA for the quarter that ended in Mar. 2024 was €10.8 Mil. Lamor Oyj's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.80.

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 Lamor Oyj's Debt-to-EBITDA or its related term are showing as below:

OHEL:LAMOR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.06 Med: 2.71 Max: 3.83
Current: 3.3

During the past 5 years, the highest Debt-to-EBITDA Ratio of Lamor Oyj was 3.83. The lowest was 1.06. And the median was 2.71.

OHEL:LAMOR's Debt-to-EBITDA is ranked worse than
66.59% of 823 companies
in the Business Services industry
Industry Median: 1.92 vs OHEL:LAMOR: 3.30

Lamor Oyj Debt-to-EBITDA Historical Data

The historical data trend for Lamor Oyj'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.

Lamor Oyj Debt-to-EBITDA Chart

Lamor Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

2.53

3.02

3.83

1.06

2.71

Lamor Oyj Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial											3.93	1.32	2.41	1.95	5.80

Competitive Comparison of Lamor Oyj's Debt-to-EBITDA

For the Specialty Business Services subindustry, Lamor Oyj'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.

Lamor Oyj's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lamor Oyj's Debt-to-EBITDA distribution charts can be found below:

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

Lamor Oyj Debt-to-EBITDA Calculation

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

Lamor Oyj'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
	=	(14.806	+	34.945)	/	18.341
	=	2.71

Lamor Oyj's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(21.673	+	41.262)	/	10.844
	=	5.80

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. 2024) EBITDA data.

Lamor Oyj (OHEL:LAMOR) 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.

Lamor Oyj Debt-to-EBITDA Related Terms

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

Lamor Oyj (OHEL:LAMOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lamor Corp Oyj (OHEL:LAMOR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rihkamatori 2, Porvoo, FIN, 06100

Website

https://www.lamor.com

Lamor Corp Oyj is a Finland-based company that provides environmental solutions. It provides its customers with equipment used for oil recovery, waste management, and water treatment as well as versatile environmental solutions and services, such as clean-up and preparedness services related to oil spill response and oil spills, services for the treatment of waste, and tailored and adapted water treatment solutions. Its Geographic areas of business are Europa and Asia, the Americas, the Middle East, and Africa, and the majority of the revenue comes from the Americas.

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