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SalMar ASA (OSL:SALM) Debt-to-EBITDA : 3.18 (As of Sep. 2024)


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What is SalMar ASA Debt-to-EBITDA?

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

SalMar ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr3,187 Mil. SalMar ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr17,024 Mil. SalMar ASA's annualized EBITDA for the quarter that ended in Sep. 2024 was kr6,360 Mil. SalMar ASA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.18.

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

OSL:SALM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 1.36   Max: 3.89
Current: 2.87

During the past 13 years, the highest Debt-to-EBITDA Ratio of SalMar ASA was 3.89. The lowest was 0.35. And the median was 1.36.

OSL:SALM's Debt-to-EBITDA is ranked worse than
60.59% of 1497 companies
in the Consumer Packaged Goods industry
Industry Median: 2.05 vs OSL:SALM: 2.87

SalMar ASA Debt-to-EBITDA Historical Data

The historical data trend for SalMar 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.

SalMar ASA Debt-to-EBITDA Chart

SalMar ASA 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 0.93 1.71 1.51 3.89 1.58

SalMar ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.37 2.33 2.33 2.25 3.18

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

For the Farm Products subindustry, SalMar 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.


SalMar ASA's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Debt-to-EBITDA distribution charts can be found below:

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



SalMar ASA Debt-to-EBITDA Calculation

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

SalMar 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
=(2024.495 + 13712.967) / 9954.8
=1.58

SalMar ASA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3187 + 17024) / 6360
=3.18

* 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 (Sep. 2024) EBITDA data.


SalMar ASA  (OSL:SALM) 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.


SalMar ASA Debt-to-EBITDA Related Terms

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


SalMar ASA Business Description

Address
Industriveien 51, Kverva, NOR, 7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material.

SalMar ASA Headlines

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