Kongsberg Maritime ASA (OSL:KMAR) Debt-to-EBITDA : 0.55 (As of Jun. 2026) — 33% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:KMAR Kongsberg Maritime ASA OSL:KMAR
17 GF Score
Price kr55.52
! 1 Warning Sign
View Full Analysis

What is Kongsberg Maritime ASA Debt-to-EBITDA?

Kongsberg Maritime ASA OSL:KMAR +1.35% 17 Debt-to-EBITDA is 0.55 as of Jun. 2026, which is 33% below its 10-year median of 0.82. GuruFocus rates OSL:KMAR with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 254 Aerospace & Defense companies, Kongsberg Maritime ASA ranks better than 76.77% on this metric.

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

Kongsberg Maritime ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr201 Mil. Kongsberg Maritime ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr1,688 Mil. Kongsberg Maritime ASA's annualized EBITDA for the quarter that ended in Jun. 2026 was kr3,468 Mil. Kongsberg Maritime ASA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.54.

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

OSL:KMAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.47   Med: 0.82   Max: 0.95
Current: 0.47

During the past 3 years, the highest Debt-to-EBITDA Ratio of Kongsberg Maritime ASA was 0.95. The lowest was 0.47. And the median was 0.82.

OSL:KMAR's Debt-to-EBITDA is ranked better than
76.77% of 254 companies
in the Aerospace & Defense industry
Industry Median: 1.695 vs OSL:KMAR: 0.47

Kongsberg Maritime ASA  (OSL:KMAR) 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.


Kongsberg Maritime ASA Debt-to-EBITDA Related Terms


Kongsberg Maritime ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kongsberg Maritime 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.

Kongsberg Maritime ASA Debt-to-EBITDA Chart

Kongsberg Maritime ASA Annual Data
Trend Dec22 Dec23 Dec24
Debt-to-EBITDA
N/A 0.95 0.70

Kongsberg Maritime ASA Semi-Annual Data
Dec22 Dec23 Dec24 Jun25 Dec25 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial N/A N/A 0.00 0.93 0.55

OSL:KMAR vs SPCX, GE, RTX: Debt-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Kongsberg Maritime 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.


Kongsberg Maritime ASA Debt-to-EBITDA vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Maritime ASA's Debt-to-EBITDA distribution charts can be found below:

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


OSL:KMAR
17GF Score
Kongsberg Maritime ASA OSL:KMAR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kongsberg Maritime ASA Debt-to-EBITDA Calculation

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

Kongsberg Maritime ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(408 + 2458) / 4119
=0.70

Kongsberg Maritime ASA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(201 + 1688) / 3468
=0.54

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.55 mean?
Kongsberg Maritime ASA (OSL:KMAR) has a Debt-to-EBITDA of 0.55 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kongsberg Maritime ASA. This is 33% below median its historical median of 0.82. Over the past decade, Kongsberg Maritime ASA's Debt-to-EBITDA has ranged from 0.47 to 0.95. According to the industry distribution chart, Kongsberg Maritime ASA ranks #59 out of 254 companies in the Aerospace & Defense industry, placing it in the top 23.2%.
Is Kongsberg Maritime ASA's Debt-to-EBITDA too high?
Kongsberg Maritime ASA's current Debt-to-EBITDA of 0.55 is 33% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.95. The Aerospace & Defense industry median Debt-to-EBITDA is 1.70. Kongsberg Maritime ASA's value of 0.55 is 67.6% below this industry median. Based on the distribution chart, Kongsberg Maritime ASA ranks #59 out of 254 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Kongsberg Maritime ASA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Maritime ASA's Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Kongsberg Maritime ASA ranks #59 out of 254 companies for Debt-to-EBITDA. This places Kongsberg Maritime ASA in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.70. Kongsberg Maritime ASA's value of 0.55 is 67.6% below this benchmark. Historically, Kongsberg Maritime ASA's own Debt-to-EBITDA has ranged from 0.47 to 0.95 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.70, Kongsberg Maritime 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 an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.70, based on 254 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. Kongsberg Maritime ASA's current Debt-to-EBITDA of 0.55 is 67.6% 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 Kongsberg Maritime ASA. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kongsberg Maritime ASA's current Debt-to-EBITDA is 0.55, which is 33% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Maritime ASA stock overvalued right now?
Kongsberg Maritime ASA (OSL:KMAR) has a current Debt-to-EBITDA of 0.55. The current Debt-to-EBITDA is 0.55, which is 33% below median its 10-year median of 0.82 and 67.6% below the Aerospace & Defense industry median of 1.70. Kongsberg Maritime ASA's overall GF Score™ is 17/100 with 1 warning sign 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 Kongsberg Maritime ASA (OSL:KMAR), the current Debt-to-EBITDA is 0.55 as of Jun. 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.

Kongsberg Maritime ASA Business Description

Other Exchanges KMRRF:USAZ4Q:Germany
Address Kirkegardsveien 45, Kongsberg, NOR
Kongsberg Maritime ASA provides maritime technology solutions focused on safety, operational efficiency, and sustainability. Its offerings include automation, digitalisation, and integrated systems designed to support the needs of maritime customers across various applications. The company serves many segments including Cargo, Fisheries & Aquaculture, Naval & Coast Guard, Offshore Oil & Gas, Offshore Wind, Passenger vessels, and Research Workboats.
17GF Score

Get the complete analysis for OSL:KMAR

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

kr55.52
Price