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Annehem Fastigheter AB (OSTO:ANNE B) Debt-to-EBITDA : 18.65 (As of Dec. 2023)


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What is Annehem Fastigheter AB Debt-to-EBITDA?

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

Annehem Fastigheter AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr116.2 Mil. Annehem Fastigheter AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1,920.1 Mil. Annehem Fastigheter AB's annualized EBITDA for the quarter that ended in Dec. 2023 was kr109.2 Mil. Annehem Fastigheter AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 18.65.

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 Annehem Fastigheter AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:ANNE B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.17   Med: 6.9   Max: 10.42
Current: -17.17

During the past 8 years, the highest Debt-to-EBITDA Ratio of Annehem Fastigheter AB was 10.42. The lowest was -17.17. And the median was 6.90.

OSTO:ANNE B's Debt-to-EBITDA is ranked worse than
100% of 1254 companies
in the Real Estate industry
Industry Median: 5.965 vs OSTO:ANNE B: -17.17

Annehem Fastigheter AB Debt-to-EBITDA Historical Data

The historical data trend for Annehem Fastigheter AB'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.

Annehem Fastigheter AB Debt-to-EBITDA Chart

Annehem Fastigheter AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 9.61 10.42 5.60 5.80 -17.13

Annehem Fastigheter AB Quarterly Data
Dec17 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.47 -5.54 -63.55 -9.89 18.65

Competitive Comparison of Annehem Fastigheter AB's Debt-to-EBITDA

For the Real Estate Services subindustry, Annehem Fastigheter AB'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.


Annehem Fastigheter AB's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Annehem Fastigheter AB's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Annehem Fastigheter AB's Debt-to-EBITDA falls into.



Annehem Fastigheter AB Debt-to-EBITDA Calculation

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

Annehem Fastigheter AB'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
=(116.2 + 1920.1) / -118.9
=-17.13

Annehem Fastigheter AB'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
=(116.2 + 1920.1) / 109.2
=18.65

* 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 (Dec. 2023) EBITDA data.


Annehem Fastigheter AB  (OSTO:ANNE B) 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.


Annehem Fastigheter AB Debt-to-EBITDA Related Terms

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


Annehem Fastigheter AB (OSTO:ANNE B) Business Description

Traded in Other Exchanges
N/A
Address
Drottning Kristinas Esplanad 2, Solna, SWE, SE-170 67
Annehem Fastigheter AB develops and manages properties in the Oresund region. It develops a portfolio of residential buildings, shops, offices, health properties, and day centers. The group's operations are divided into two operating segments: Capital Region (Stockholm, Oslo, Helsinki) and South Region (Malmo, Gothenburg, Angelholm). It generates the majority of its revenue from the Capital Region.

Annehem Fastigheter AB (OSTO:ANNE B) Headlines

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