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ContextVision AB (OSL:CONTX) Debt-to-EBITDA : 0.20 (As of Dec. 2023)


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What is ContextVision AB Debt-to-EBITDA?

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

ContextVision AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr3.8 Mil. ContextVision AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1.6 Mil. ContextVision AB's annualized EBITDA for the quarter that ended in Dec. 2023 was kr27.3 Mil. ContextVision AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.20.

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

OSL:CONTX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.31
Current: 0.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of ContextVision AB was 0.31. The lowest was 0.09. And the median was 0.10.

OSL:CONTX's Debt-to-EBITDA is ranked better than
91.9% of 420 companies
in the Healthcare Providers & Services industry
Industry Median: 2.575 vs OSL:CONTX: 0.11

ContextVision AB Debt-to-EBITDA Historical Data

The historical data trend for ContextVision AB'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.

ContextVision AB Debt-to-EBITDA Chart

ContextVision AB 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 0.31 0.09 0.16 0.09 0.10

ContextVision AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.10 0.23 0.11 0.11 0.20

Competitive Comparison of ContextVision AB's Debt-to-EBITDA

For the Health Information Services subindustry, ContextVision AB'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.


ContextVision AB's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

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



ContextVision AB Debt-to-EBITDA Calculation

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

ContextVision AB'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
=(3.772 + 1.556) / 51.741
=0.10

ContextVision AB's annualized Debt-to-EBITDA for the quarter 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
=(3.772 + 1.556) / 27.268
=0.20

* 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. 2023) EBITDA data.


ContextVision AB  (OSL:CONTX) 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.


ContextVision AB Debt-to-EBITDA Related Terms

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


ContextVision AB (OSL:CONTX) Business Description

Traded in Other Exchanges
Address
Klara Norra Kyrkogata 31, Stockholm, SWE, SE-111 22
ContextVision AB is a Sweden-based medical technology company. It develops and sells image enhancement software for medical diagnosis and artificial intelligence. Its product portfolio includes image enhancement software for 2D/3D/4D (dimensional) ultrasound, magnetic resonance imaging (MRI), X-Ray, radiography, and mammography. its geographical segments are Asia, Europe, and America.

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