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Nordic Aqua Partners ASOSL:NOAP -1.77%23 Debt-to-EBITDA is 2.92 as of Mar. 2026. GuruFocus rates OSL:NOAP with a GF Score™ of 23/100. The stock has 3 warning signs investors should review. Among 1,551 Consumer Packaged Goods companies, Nordic Aqua Partners AS ranks worse than 64474.47% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Nordic Aqua Partners AS's Debt-to-EBITDA or its related term are showing as below:
OSL:NOAP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.7 Med: -4.7 Max: -4.08
Current: -31.7
During the past 9 years, the highest Debt-to-EBITDA Ratio of Nordic Aqua Partners AS was -4.08. The lowest was -31.70. And the median was -4.70.
OSL:NOAP's Debt-to-EBITDA is ranked worse than 100% of 1551
companies
in the Consumer Packaged Goods industry
Industry Median: 2.08
vs OSL:NOAP: -31.70
Nordic Aqua Partners AS (OSL:NOAP) Debt-to-EBITDA Explanation
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.
Nordic Aqua Partners AS Debt-to-EBITDA Related Terms
Nordic Aqua Partners AS Debt-to-EBITDA Historical Data
* 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.
OSL:NOAP vs ADM, BG, TSN: Debt-to-EBITDA Comparison
For the Farm Products subindustry, Nordic Aqua Partners 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.
Nordic Aqua Partners AS Debt-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nordic Aqua Partners AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nordic Aqua Partners AS's Debt-to-EBITDA falls into.
* 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.
Nordic Aqua Partners AS (OSL:NOAP) has a Debt-to-EBITDA of 2.92 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 Nordic Aqua Partners AS. According to the industry distribution chart, Nordic Aqua Partners AS ranks #999999 out of 1551 companies in the Consumer Packaged Goods industry.
Is Nordic Aqua Partners AS's Debt-to-EBITDA too high?
Nordic Aqua Partners AS's current Debt-to-EBITDA is 2.92. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.08. Nordic Aqua Partners AS's value of 2.92 is 40.4% above this industry median. Based on the distribution chart, Nordic Aqua Partners AS ranks #999999 out of 1551 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nordic Aqua Partners AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Aqua Partners AS's Debt-to-EBITDA compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Nordic Aqua Partners AS ranks #999999 out of 1551 companies for Debt-to-EBITDA. This places Nordic Aqua Partners AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. Nordic Aqua Partners AS's value of 2.92 is 40.4% above 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 Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,551 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. Nordic Aqua Partners AS's current Debt-to-EBITDA of 2.92 is 40.4% above 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 Nordic Aqua Partners AS. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Aqua Partners AS's current Debt-to-EBITDA is 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Aqua Partners AS stock overvalued right now?
Nordic Aqua Partners AS (OSL:NOAP) has a current Debt-to-EBITDA of 2.92. The current Debt-to-EBITDA is 2.92 and 40.4% above the Consumer Packaged Goods industry median of 2.08. Nordic Aqua Partners AS's overall GF Score™ is 23/100 with 3 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 Nordic Aqua Partners AS (OSL:NOAP), the current Debt-to-EBITDA is 2.92 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.
Nordic Aqua Partners AS operates in the seafood industry. The company is a land-based Atlantic Salmon farming company, using technology and expertise to set up the first fully integrated and commercially scaled Recirculating Aquaculture System ("RAS") farm for Atlantic Salmon in China. The company's planning is to deliver fresh and locally farmed Atlantic Salmon to China.
23GF Score
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