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Brim hf (OISE:BRIM) Debt-to-EBITDA : 4.21 (As of Dec. 2023)


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What is Brim hf Debt-to-EBITDA?

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

Brim hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr3,937 Mil. Brim hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr51,689 Mil. Brim hf's annualized EBITDA for the quarter that ended in Dec. 2023 was kr13,229 Mil. Brim hf's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.20.

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 Brim hf's Debt-to-EBITDA or its related term are showing as below:

OISE:BRIM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.33   Med: 3.11   Max: 5.52
Current: 3.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of Brim hf was 5.52. The lowest was 1.33. And the median was 3.11.

OISE:BRIM's Debt-to-EBITDA is ranked worse than
62.69% of 1426 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs OISE:BRIM: 3.29

Brim hf Debt-to-EBITDA Historical Data

The historical data trend for Brim hf'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.

Brim hf Debt-to-EBITDA Chart

Brim hf 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 4.40 5.52 2.42 2.97 3.25

Brim hf Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.61 2.79 4.36 2.49 4.21

Competitive Comparison of Brim hf's Debt-to-EBITDA

For the Farm Products subindustry, Brim hf'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.


Brim hf's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brim hf's Debt-to-EBITDA distribution charts can be found below:

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



Brim hf Debt-to-EBITDA Calculation

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

Brim hf'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
=(3937.339 + 51688.534) / 17117.434
=3.25

Brim hf's annualized Debt-to-EBITDA for the quarter 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
=(3937.339 + 51688.534) / 13229.432
=4.20

* 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 (Dec. 2023) EBITDA data.


Brim hf  (OISE:BRIM) 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.


Brim hf Debt-to-EBITDA Related Terms

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


Brim hf (OISE:BRIM) Business Description

Traded in Other Exchanges
N/A
Address
Nordurgardur 1, Reykjavik, ISL, 101
Brim hf is engaged in production and processing of seafood products in Iceland. It is engaged in the fishing and processing of groundfish and pelagic fish. It produces both frozen and fresh products. The company focuses on sophisticated fishing and processing technology and continuous production development.

Brim hf (OISE:BRIM) Headlines

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