Fly Play hf (OISE:PLAY) Debt-to-EBITDA : 93.42 (As of Jun. 2025)

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OISE:PLAY Fly Play hf OISE:PLAY
9 GF Score
Price kr0.45
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What is Fly Play hf Debt-to-EBITDA?

Fly Play hf OISE:PLAY 9 Debt-to-EBITDA is 93.42 as of Jun. 2025. GuruFocus rates OISE:PLAY with a GF Score™ of 9/100.

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

Fly Play hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was kr3,555 Mil. Fly Play hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was kr26,988 Mil. Fly Play hf's annualized EBITDA for the quarter that ended in Jun. 2025 was kr327 Mil. Fly Play hf's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 was 93.42.

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

OISE:PLAY's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.64
* Ranked among companies with meaningful Debt-to-EBITDA only.

Fly Play hf  (OISE:PLAY) 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.


Fly Play hf Debt-to-EBITDA Related Terms


Fly Play hf Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fly Play 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.

Fly Play hf Debt-to-EBITDA Chart

Fly Play hf Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 -5.15 -14.63 37.69 37.36

Fly Play hf Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 5.77 1.74 -4.02 -5.04 93.42

OISE:PLAY vs DAL, UAL, LUV: Debt-to-EBITDA Comparison

For the Airlines subindustry, Fly Play 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.


Fly Play hf Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Fly Play hf's Debt-to-EBITDA distribution charts can be found below:

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


OISE:PLAY
9GF Score
Fly Play hf OISE:PLAY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Fly Play hf Debt-to-EBITDA Calculation

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

Fly Play 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
=(3463.581 + 28781.232) / 863.173
=37.36

Fly Play hf's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3554.83 + 26987.545) / 326.944
=93.42

* 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. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 93.42 mean?
Fly Play hf (OISE:PLAY) has a Debt-to-EBITDA of 93.42 as of Jun. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fly Play hf.
Is Fly Play hf's Debt-to-EBITDA too high?
Fly Play hf's current Debt-to-EBITDA is 93.42. The Transportation industry median Debt-to-EBITDA is 2.64. Fly Play hf's value of 93.42 is 3438.6% above this industry median. Overall, Fly Play hf has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Fly Play hf's Debt-to-EBITDA compare to DAL and UAL?
Fly Play hf's Debt-to-EBITDA of 93.42 can be compared against companies in the Transportation industry. The industry median Debt-to-EBITDA is 2.64. Fly Play hf's value of 93.42 is 3438.6% above 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 a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 869 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. Fly Play hf's current Debt-to-EBITDA of 93.42 is 3438.6% 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 Fly Play hf. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fly Play hf's current Debt-to-EBITDA is 93.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fly Play hf stock overvalued right now?
Fly Play hf (OISE:PLAY) has a current Debt-to-EBITDA of 93.42. The current Debt-to-EBITDA is 93.42 and 3438.6% above the Transportation industry median of 2.64. Fly Play hf's overall GF Score™ is 9/100. 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 Fly Play hf (OISE:PLAY), the current Debt-to-EBITDA is 93.42 as of Jun. 2025. 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.

Fly Play hf Business Description

Address Suourlandsbraut 14, Reykjavik, ISL, 108
Fly Play hf is an Icelandic low-cost airline operating flights between North America and Europe. It operates a fleet of Airbus aircraft, with its main hub at Keflavik International Airport. The airline offers a range of related services, including food and beverages, as well as booking services for its customers.
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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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