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Skagi hf (OISE:VIS) Debt-to-EBITDA : 1.76 (As of Dec. 2024)


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What is Skagi hf Debt-to-EBITDA?

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

Skagi hf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr10,663 Mil. Skagi hf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr11,243 Mil. Skagi hf's annualized EBITDA for the quarter that ended in Dec. 2024 was kr12,444 Mil. Skagi hf's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.76.

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

OISE:VIS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.4   Med: 1.25   Max: 4.05
Current: 4.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Skagi hf was 4.05. The lowest was 0.40. And the median was 1.25.

OISE:VIS's Debt-to-EBITDA is ranked worse than
85.19% of 297 companies
in the Insurance industry
Industry Median: 1.26 vs OISE:VIS: 4.05

Skagi hf Debt-to-EBITDA Historical Data

The historical data trend for Skagi 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.

Skagi hf Debt-to-EBITDA Chart

Skagi 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 1.18 0.40 2.43 3.45 4.05

Skagi 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 1.99 6.67 5.70 4.96 1.76

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

For the Insurance - Diversified subindustry, Skagi 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.


Skagi hf's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Skagi hf's Debt-to-EBITDA distribution charts can be found below:

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


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Skagi hf Debt-to-EBITDA Calculation

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

Skagi 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
=(10663.421 + 11242.985) / 5404.709
=4.05

Skagi 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
=(10663.421 + 11242.985) / 12444.46
=1.76

* 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.


Skagi hf  (OISE:VIS) 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.


Skagi hf Debt-to-EBITDA Related Terms

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


Skagi hf Business Description

Traded in Other Exchanges
N/A
Address
Armula 3, Reykjavik, ISL, 108
Skagi hf is engaged in financial services sector. The Group operates through three operating segments: Insurance Operations, Insurance Investments, and Financial Services. Insurance Operations comprises the core insurance activities, including the underwriting of life, health, and general insurance products. Insurance Investments includes the management of assets backing insurance liabilities as well as proprietary investment activities. The Financial Services segment comprises activities such as asset management, loans to customers, and other noninsurance financial products. Key revenue is generated from Insurance operations.