CodeLab Capital AS (OSL:CODE) Debt-to-EBITDA : -0.31 (As of Dec. 2025)

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OSL:CODE CodeLab Capital AS OSL:CODE
53 GF Score
Price kr3.50
GF Value kr2.27
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is CodeLab Capital AS Debt-to-EBITDA?

CodeLab Capital AS OSL:CODE +3.55% 53 Debt-to-EBITDA is -0.31 as of Dec. 2025. GuruFocus rates OSL:CODE with a GF Score™ of 53/100 and a GF Value™ of kr2.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 478 Healthcare Providers & Services companies, CodeLab Capital AS ranks worse than 209204.81% on this metric.

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

CodeLab Capital AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr0.00 Mil. CodeLab Capital AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr3.35 Mil. CodeLab Capital AS's annualized EBITDA for the quarter that ended in Dec. 2025 was kr-10.85 Mil. CodeLab Capital AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -0.31.

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 CodeLab Capital AS's Debt-to-EBITDA or its related term are showing as below:

OSL:CODE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.69   Med: 1.43   Max: 16.4
Current: -0.29

During the past 8 years, the highest Debt-to-EBITDA Ratio of CodeLab Capital AS was 16.40. The lowest was -10.69. And the median was 1.43.

OSL:CODE's Debt-to-EBITDA is ranked worse than
100% of 478 companies
in the Healthcare Providers & Services industry
Industry Median: 2.25 vs OSL:CODE: -0.29

CodeLab Capital AS  (OSL:CODE) 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.


CodeLab Capital AS Debt-to-EBITDA Related Terms


CodeLab Capital AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CodeLab Capital AS'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.

CodeLab Capital AS Debt-to-EBITDA Chart

CodeLab Capital AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 16.40 -10.69 0.00 0.00 -0.28

CodeLab Capital AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 -0.31

OSL:CODE vs VEEV, BTSG, TEM: Debt-to-EBITDA Comparison

For the Health Information Services subindustry, CodeLab Capital AS'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.


CodeLab Capital AS Debt-to-EBITDA vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Debt-to-EBITDA distribution charts can be found below:

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


OSL:CODE
53GF Score
CodeLab Capital AS OSL:CODE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CodeLab Capital AS Debt-to-EBITDA Calculation

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

CodeLab Capital AS'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
=(0 + 3.35) / -12.094
=-0.28

CodeLab Capital AS's annualized Debt-to-EBITDA for the quarter 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
=(0 + 3.35) / -10.852
=-0.31

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.31 mean?
CodeLab Capital AS (OSL:CODE) has a Debt-to-EBITDA of -0.31 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CodeLab Capital AS. According to the industry distribution chart, CodeLab Capital AS ranks #999999 out of 478 companies in the Healthcare Providers & Services industry.
Is CodeLab Capital AS's Debt-to-EBITDA too high?
CodeLab Capital AS's current Debt-to-EBITDA is -0.31. Based on the distribution chart, CodeLab Capital AS ranks #999999 out of 478 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, CodeLab Capital AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeLab Capital AS's Debt-to-EBITDA compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, CodeLab Capital AS ranks #999999 out of 478 companies for Debt-to-EBITDA. This places CodeLab Capital AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. 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 Healthcare Providers & Services company?
The median Debt-to-EBITDA among Healthcare Providers & Services companies is 2.25, based on 478 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. 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 CodeLab Capital AS. For the Healthcare Providers & Services industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeLab Capital AS's current Debt-to-EBITDA is -0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeLab Capital AS stock overvalued right now?
Based on GuruFocus' analysis, CodeLab Capital AS (OSL:CODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.27, compared to a current price of kr3.50 — trading 54.2% above its estimated fair value. The current Debt-to-EBITDA is -0.31. CodeLab Capital AS's overall GF Score™ is 53/100 with 4 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 CodeLab Capital AS (OSL:CODE), the current Debt-to-EBITDA is -0.31 as of Dec. 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.

Is CodeLab Capital AS (OSL:CODE) Overvalued in 2026?

Based on GuruFocus' analysis, CodeLab Capital AS stock appears to be overvalued. The current stock price of kr3.50 is trading 54.2% above its estimated GF Value™ of kr2.27. GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.

Key valuation signals for OSL:CODE:

  • Debt-to-EBITDA: -0.31
  • GF Value™: kr2.27 vs. price of kr3.50 (54.2% above fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the OSL:CODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CodeLab Capital AS Business Description

Other Exchanges P990:Germany
Address C/o Azets Document Solutions AS, Dm520023, Postboks 1570 Torgarden, Trondheim, NOR, 7435
CodeLab Capital AS builds and invests in next-generation technology. Its primary objective is to invest in other companies and contribute with capital, network, and operations. CodeLab Capital AS is a holding company that, through its subsidiary, is engaged in making software development tools for the broader B2B market.
53GF Score

Get the complete analysis for OSL:CODE

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

kr3.50
Price
kr2.27
GF Value