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Skel Fjarfestingafelag hf (OISE:SKEL) Debt-to-EBITDA : 0.03 (As of Dec. 2022)


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What is Skel Fjarfestingafelag hf Debt-to-EBITDA?

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

Skel Fjarfestingafelag hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was kr2,515.00 Mil. Skel Fjarfestingafelag hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was kr57.00 Mil. Skel Fjarfestingafelag hf's annualized EBITDA for the quarter that ended in Dec. 2022 was kr80,132.00 Mil. Skel Fjarfestingafelag hf's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 0.03.

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

OISE:SKEL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 2.5   Max: 7.13
Current: 0.35

During the past 12 years, the highest Debt-to-EBITDA Ratio of Skel Fjarfestingafelag hf was 7.13. The lowest was 0.14. And the median was 2.50.

OISE:SKEL's Debt-to-EBITDA is ranked better than
91.81% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.63 vs OISE:SKEL: 0.35

Skel Fjarfestingafelag hf Debt-to-EBITDA Historical Data

The historical data trend for Skel Fjarfestingafelag 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.

Skel Fjarfestingafelag hf Debt-to-EBITDA Chart

Skel Fjarfestingafelag 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 2.46 7.13 1.19 0.14 1.41

Skel Fjarfestingafelag hf Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.18 -0.43 - 0.03 N/A

Competitive Comparison of Skel Fjarfestingafelag hf's Debt-to-EBITDA

For the Specialty Retail subindustry, Skel Fjarfestingafelag 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.


Skel Fjarfestingafelag hf's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Skel Fjarfestingafelag hf's Debt-to-EBITDA distribution charts can be found below:

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



Skel Fjarfestingafelag hf Debt-to-EBITDA Calculation

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

Skel Fjarfestingafelag 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
=(3155 + 5030) / 5827
=1.40

Skel Fjarfestingafelag hf's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2515 + 57) / 80132
=0.03

* 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. 2022) EBITDA data.


Skel Fjarfestingafelag hf  (OISE:SKEL) 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.


Skel Fjarfestingafelag hf Debt-to-EBITDA Related Terms

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


Skel Fjarfestingafelag hf (OISE:SKEL) Business Description

Traded in Other Exchanges
N/A
Address
Borgartun 26, Reykjavik, ISL, 105
Skel Fjarfestingafelag hf is an oil company engaged in the import, sale, and distribution of oil in addition to lubricants, chemical products, and fertilizer, and various kinds of trade in other commodities, both in retail and wholesale. It is also engaged in lending, operation of real estates, vessels, service stations, and other activities. The group operates in two geographical areas, in Iceland and the Faroe Islands, of which key revenue is derived from the operations in Iceland. The products and services of the company are sold under the brands Skeljungur, Orkan, and Kvikk and run around 65 fuel stations and 4 oil depots.

Skel Fjarfestingafelag hf (OISE:SKEL) Headlines

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