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Heimar hf (OISE:HEIMAR) Debt-to-EBITDA : 6.76 (As of Dec. 2024)


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What is Heimar hf Debt-to-EBITDA?

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

Heimar hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr5,537 Mil. Heimar hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr115,398 Mil. Heimar hf's annualized EBITDA for the quarter that ended in Dec. 2024 was kr17,892 Mil. Heimar hf's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 6.76.

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

OISE:HEIMAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.91   Med: 9.29   Max: 17.19
Current: 6.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Heimar hf was 17.19. The lowest was 5.91. And the median was 9.29.

OISE:HEIMAR's Debt-to-EBITDA is ranked worse than
53.26% of 1256 companies
in the Real Estate industry
Industry Median: 6.055 vs OISE:HEIMAR: 6.73

Heimar hf Debt-to-EBITDA Historical Data

The historical data trend for Heimar 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.

Heimar hf Debt-to-EBITDA Chart

Heimar hf Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.19 8.96 16.30 13.24 8.19

Heimar hf Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -80.60 5.09 8.42 7.78 6.76

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

For the Real Estate Services subindustry, Heimar 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.


Heimar hf's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Heimar hf's Debt-to-EBITDA distribution charts can be found below:

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


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Heimar hf Debt-to-EBITDA Calculation

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

Heimar hf's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5537 + 115398) / 14759
=8.19

Heimar hf's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5537 + 115398) / 17892
=6.76

* 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. 2024) EBITDA data.


Heimar hf  (OISE:HEIMAR) 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.


Heimar hf Debt-to-EBITDA Related Terms

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


Heimar hf Business Description

Traded in Other Exchanges
N/A
Address
Hagasmari 1, Kopavogur, ISL, IS-201
Heimar hf is a real estate company that invests in, rents out and manages commercial real estate in Iceland. The company's property portfolio comprises of 100 properties covering an area of approximately four hundred thousand square meters including office and commercial, industry and warehouse, shops and services, etc.

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