Astrocast (OSL:ASTRO) Debt-to-EBITDA : -2.14 (As of Jun. 2023)

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What is Astrocast Debt-to-EBITDA?

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

Astrocast's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr337.14 Mil. Astrocast's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr8.99 Mil. Astrocast's annualized EBITDA for the quarter that ended in Jun. 2023 was kr-162.02 Mil. Astrocast's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -2.14.

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

OSL:ASTRO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.3 Med: -0.57 Max: -0.07
Current: -2.3

During the past 3 years, the highest Debt-to-EBITDA Ratio of Astrocast was -0.07. The lowest was -2.30. And the median was -0.57.

OSL:ASTRO's Debt-to-EBITDA is ranked worse than
100% of 1737 companies
in the Hardware industry
Industry Median: 1.8 vs OSL:ASTRO: -2.30

Astrocast Debt-to-EBITDA Historical Data

The historical data trend for Astrocast'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.

Astrocast Debt-to-EBITDA Chart

Astrocast Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-EBITDA

-1.33

-0.07

-0.57

Astrocast Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-0.05	-0.16	-0.68	-2.14

Competitive Comparison of Astrocast's Debt-to-EBITDA

For the Communication Equipment subindustry, Astrocast'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.

Astrocast's Debt-to-EBITDA Distribution in the Hardware Industry

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

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

Astrocast Debt-to-EBITDA Calculation

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

Astrocast's Debt-to-EBITDA for the fiscal year 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
	=	(86.87	+	7.954)	/	-166.337
	=	-0.57

Astrocast's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(337.142	+	8.993)	/	-162.018
	=	-2.14

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 two times the quarterly (Jun. 2023) EBITDA data.

Astrocast (OSL:ASTRO) 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.

Astrocast Debt-to-EBITDA Related Terms

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

Astrocast (OSL:ASTRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Astrocast SA (OSL:ASTRO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chemin des Ramiers 20, Chavannes-pres-Renens, Vaud, CHE, 1022

Website

https://www.astrocast.com

Astrocast SA is an operator of the nanosatellite IoT network intended to provide unlimited coverage all over the planet, with no geographical limitations. The company tackles challenges in industries such as Agriculture and Livestock, Oil, Gas and Mining, Maritime, Environmental, Connected Vehicles, and IoT Devices, enabling companies to monitor, track, assess, and communicate with critical remote assets from anywhere in the world.

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