Appear ASA (OSL:APR) Debt-to-EBITDA : 0.40 (As of Mar. 2026) — 74% Above Median

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OSL:APR Appear ASA OSL:APR
19 GF Score
Price kr43.00
! 3 Warning Signs
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What is Appear ASA Debt-to-EBITDA?

Appear ASA OSL:APR -2.27% 19 Debt-to-EBITDA is 0.40 as of Mar. 2026, which is 74% above its 10-year median of 0.23. GuruFocus rates OSL:APR with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,795 Hardware companies, Appear ASA ranks better than 76.6% on this metric.

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

Appear ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr9.7 Mil. Appear ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr59.7 Mil. Appear ASA's annualized EBITDA for the quarter that ended in Mar. 2026 was kr173.2 Mil. Appear ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.40.

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 Appear ASA's Debt-to-EBITDA or its related term are showing as below:

OSL:APR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.35   Med: 0.23   Max: 0.49
Current: 0.47

During the past 5 years, the highest Debt-to-EBITDA Ratio of Appear ASA was 0.49. The lowest was -2.35. And the median was 0.23.

OSL:APR's Debt-to-EBITDA is ranked better than
76.6% of 1795 companies
in the Hardware industry
Industry Median: 1.72 vs OSL:APR: 0.47

Appear ASA  (OSL:APR) 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.


Appear ASA Debt-to-EBITDA Related Terms


Appear ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Appear ASA'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.

Appear ASA Debt-to-EBITDA Chart

Appear ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
N/A -2.35 0.15 0.49 0.32

Appear ASA Quarterly Data
Dec21 Dec22 Dec23 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 1.40 0.00 0.18 0.79 0.40

OSL:APR vs SNDK, DELL, STX: Debt-to-EBITDA Comparison

For the Computer Hardware subindustry, Appear ASA'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.


Appear ASA Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Appear ASA's Debt-to-EBITDA distribution charts can be found below:

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


OSL:APR
19GF Score
Appear ASA OSL:APR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appear ASA Debt-to-EBITDA Calculation

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

Appear ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.642 + 53.465) / 191.894
=0.32

Appear ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.684 + 59.707) / 173.18
=0.40

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.40 mean?
Appear ASA (OSL:APR) has a Debt-to-EBITDA of 0.40 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Appear ASA. This is 74% above median its historical median of 0.23. According to the industry distribution chart, Appear ASA ranks #420 out of 1795 companies in the Hardware industry, placing it in the top 23.4%.
Is Appear ASA's Debt-to-EBITDA too high?
Appear ASA's current Debt-to-EBITDA of 0.40 is 74% above median its 10-year median of 0.23. The Hardware industry median Debt-to-EBITDA is 1.72. Appear ASA's value of 0.40 is 76.7% below this industry median. Based on the distribution chart, Appear ASA ranks #420 out of 1795 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Appear ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Appear ASA's Debt-to-EBITDA compare to SNDK and DELL?
According to the Hardware industry distribution chart, Appear ASA ranks #420 out of 1795 companies for Debt-to-EBITDA. This places Appear ASA in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.72. Appear ASA's value of 0.40 is 76.7% below this benchmark. While the company's 10-year median is 0.23 vs. the industry median of 1.72, Appear ASA has consistently been below the industry average. 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, based on 1,795 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. Appear ASA's current Debt-to-EBITDA of 0.40 is 76.7% below 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 Appear ASA. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appear ASA's current Debt-to-EBITDA is 0.40, which is 74% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appear ASA stock overvalued right now?
Appear ASA (OSL:APR) has a current Debt-to-EBITDA of 0.40. The current Debt-to-EBITDA is 0.40, which is 74% above median its 10-year median of 0.23 and 76.7% below the Hardware industry median of 1.72. Appear ASA's overall GF Score™ is 19/100 with 3 warning signs to review. 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 Appear ASA (OSL:APR), the current Debt-to-EBITDA is 0.40 as of Mar. 2026. 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.

Appear ASA Business Description

Other Exchanges 69R:Germany
Address Lilleakerveien 2B, Oslo, NOR, 0283
Appear ASA, along with its subsidiaries, provides high-capacity, sustainable solutions for live-production and broadcast distribution technology to media, entertainment and sports clients. The company provides live video transport solutions that operate over satellite, dedicated fiber, and public internet infrastructure. Its offerings support a range of live event scenarios across media, entertainment, and sports industries, adapting to the varying requirements of these sectors. The company derives revenue from: Sales of media processing and delivery platforms, sales of software and licenses, and Sales of support and consulting services, majority being generated from the sales of media processing and delivery platforms. The Company has three geographic areas for Sales EMEA, APAC, and AM.
19GF Score

Get the complete analysis for OSL:APR

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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