Havila Kystruten AS (OSL:HKY) Debt-to-EBITDA : 0.01 (As of Mar. 2026)

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OSL:HKY Havila Kystruten AS OSL:HKY
52 GF Score
Price kr57.50
GF Value kr55.15
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Havila Kystruten AS Debt-to-EBITDA?

Havila Kystruten AS OSL:HKY 52 Debt-to-EBITDA is 0.01 as of Mar. 2026. GuruFocus rates OSL:HKY with a GF Score™ of 52/100 and a GF Value™ of kr55.15 (Fairly Valued). The stock has 6 warning signs investors should review. Among 652 Travel & Leisure companies, Havila Kystruten AS ranks better than 98.93% on this metric.

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

Havila Kystruten AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr4 Mil. Havila Kystruten AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr8 Mil. Havila Kystruten AS's annualized EBITDA for the quarter that ended in Mar. 2026 was kr1,170 Mil. Havila Kystruten AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.01.

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

OSL:HKY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -24.01   Med: -9.35   Max: 78.42
Current: 0.02

During the past 8 years, the highest Debt-to-EBITDA Ratio of Havila Kystruten AS was 78.42. The lowest was -24.01. And the median was -9.35.

OSL:HKY's Debt-to-EBITDA is ranked better than
98.93% of 652 companies
in the Travel & Leisure industry
Industry Median: 2.525 vs OSL:HKY: 0.02

Havila Kystruten AS  (OSL:HKY) 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.


Havila Kystruten AS Debt-to-EBITDA Related Terms


Havila Kystruten AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Havila Kystruten 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.

Havila Kystruten AS Debt-to-EBITDA Chart

Havila Kystruten AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -17.85 -8.39 -9.35 78.42 0.03

Havila Kystruten AS Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.59 -13.06 3.15 -0.18 0.01

OSL:HKY vs BKNG, ABNB, RCL: Debt-to-EBITDA Comparison

For the Travel Services subindustry, Havila Kystruten 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.


Havila Kystruten AS Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Havila Kystruten AS's Debt-to-EBITDA distribution charts can be found below:

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


OSL:HKY
52GF Score
Havila Kystruten AS OSL:HKY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Havila Kystruten AS Debt-to-EBITDA Calculation

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

Havila Kystruten 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
=(3.677 + 8.954) / 375.922
=0.03

Havila Kystruten AS'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
=(3.674 + 8.118) / 1170.364
=0.01

* 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 0.01 mean?
Havila Kystruten AS (OSL:HKY) has a Debt-to-EBITDA of 0.01 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 Havila Kystruten AS. According to the industry distribution chart, Havila Kystruten AS ranks #7 out of 652 companies in the Travel & Leisure industry, placing it in the top 1.1%.
Is Havila Kystruten AS's Debt-to-EBITDA too high?
Havila Kystruten AS's current Debt-to-EBITDA is 0.01. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. Havila Kystruten AS's value of 0.01 is 99.6% below this industry median. Based on the distribution chart, Havila Kystruten AS ranks #7 out of 652 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Havila Kystruten AS has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Havila Kystruten AS's Debt-to-EBITDA compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Havila Kystruten AS ranks #7 out of 652 companies for Debt-to-EBITDA. This places Havila Kystruten AS in the top 1% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.53. Havila Kystruten AS's value of 0.01 is 99.6% below this benchmark. 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 652 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. Havila Kystruten AS's current Debt-to-EBITDA of 0.01 is 99.6% 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 Havila Kystruten AS. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havila Kystruten AS's current Debt-to-EBITDA is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Kystruten AS stock overvalued right now?
Based on GuruFocus' analysis, Havila Kystruten AS (OSL:HKY) is currently considered Fairly Valued. The stock's GF Value™ is kr55.15, compared to a current price of kr57.50 — trading 4.3% above its estimated fair value. The current Debt-to-EBITDA is 0.01 and 99.6% below the Travel & Leisure industry median of 2.53. Havila Kystruten AS's overall GF Score™ is 52/100 with 6 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 Havila Kystruten AS (OSL:HKY), the current Debt-to-EBITDA is 0.01 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.

Is Havila Kystruten AS (OSL:HKY) Overvalued in 2026?

Based on GuruFocus' analysis, Havila Kystruten AS stock appears to be overvalued. The current stock price of kr57.50 is trading 4.3% above its estimated GF Value™ of kr55.15. GuruFocus considers Havila Kystruten AS to be Fairly Valued.

Key valuation signals for OSL:HKY:

  • Debt-to-EBITDA: 0.01
  • GF Value™: kr55.15 vs. price of kr57.50 (4.3% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 99.6% below the Travel & Leisure median (#7 of 652)

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


Havila Kystruten AS Business Description

Other Exchanges 6FZ0:Germany
Address Mjolstadnesvegen 24, Fosnavag, NOR, 6092
Havila Kystruten AS purpose is to operate shipping, transport, and tourism activities, including development and investment in other companies, and other activities naturally related thereto. It operates four vessels on the classic coastal route between Bergen and Kirkenes, using some of the environmentally friendly ships along the Norwegian coast.
52GF Score

Get the complete analysis for OSL:HKY

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

kr57.50
Price
kr55.15
GF Value