Norconsult ASA (OSL:NORCO) Debt-to-EBITDA : 1.83 (As of Dec. 2023)

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What is Norconsult ASA Debt-to-EBITDA?

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

Norconsult ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr354 Mil. Norconsult ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1,265 Mil. Norconsult ASA's annualized EBITDA for the quarter that ended in Dec. 2023 was kr886 Mil. Norconsult ASA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.83.

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

OSL:NORCO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 1.5 Max: 2.63
Current: 1.38

During the past 5 years, the highest Debt-to-EBITDA Ratio of Norconsult ASA was 2.63. The lowest was 0.01. And the median was 1.50.

OSL:NORCO's Debt-to-EBITDA is ranked better than
64.27% of 1310 companies
in the Construction industry
Industry Median: 2.28 vs OSL:NORCO: 1.38

Norconsult ASA Debt-to-EBITDA Historical Data

The historical data trend for Norconsult 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.

* Premium members only.

Norconsult ASA Debt-to-EBITDA Chart

Norconsult ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.01

2.63

1.90

1.50

1.38

Norconsult ASA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	1.84	1.10	1.83

Competitive Comparison of Norconsult ASA's Debt-to-EBITDA

For the Engineering & Construction subindustry, Norconsult 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.

Norconsult ASA's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Norconsult ASA's Debt-to-EBITDA distribution charts can be found below:

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

Norconsult ASA Debt-to-EBITDA Calculation

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

Norconsult ASA'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
	=	(354	+	1265)	/	1176
	=	1.38

Norconsult ASA'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
	=	(354	+	1265)	/	886
	=	1.83

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. 2023) EBITDA data.

Norconsult ASA (OSL:NORCO) 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.

Norconsult ASA Debt-to-EBITDA Related Terms

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

Norconsult ASA (OSL:NORCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Norconsult ASA (OSL:NORCO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

NORCOo:UK

Address

Vestfjordgaten 4, Sandvika, NOR, 1338

Website

https://www.norconsult.com

Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design and architecture projects. The Group also develops and distributes complete IT solutions for project, building and facility management for infrastructure and property.

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