Cortus Energy AB (OSTO:CE) Debt-to-EBITDA : 1.95 (As of Dec. 2024)

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OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
Price kr0.18
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What is Cortus Energy AB Debt-to-EBITDA?

Cortus Energy AB OSTO:CE 8 Debt-to-EBITDA is 1.95 as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

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

Cortus Energy AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr4.58 Mil. Cortus Energy AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr39.66 Mil. Cortus Energy AB's annualized EBITDA for the quarter that ended in Dec. 2024 was kr22.69 Mil. Cortus Energy AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.95.

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

OSTO:CE's Debt-to-EBITDA is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 4.63
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cortus Energy AB  (OSTO:CE) 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.


Cortus Energy AB Debt-to-EBITDA Related Terms


Cortus Energy AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cortus Energy 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.

Cortus Energy AB Debt-to-EBITDA Chart

Cortus Energy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.33 -0.23 -0.67 -0.83 -1.13

Cortus Energy AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.78 -1.16 -0.57 -0.89 1.95

OSTO:CE vs CEG: Debt-to-EBITDA Comparison

For the Utilities - Renewable subindustry, Cortus Energy 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.


Cortus Energy AB Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cortus Energy AB's Debt-to-EBITDA distribution charts can be found below:

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


OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Cortus Energy AB Debt-to-EBITDA Calculation

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

Cortus Energy AB'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
=(4.577 + 39.663) / -39.158
=-1.13

Cortus Energy AB's annualized Debt-to-EBITDA for the quarter 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
=(4.577 + 39.663) / 22.688
=1.95

* 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. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.95 mean?
Cortus Energy AB (OSTO:CE) has a Debt-to-EBITDA of 1.95 as of Dec. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cortus Energy AB.
Is Cortus Energy AB's Debt-to-EBITDA too high?
Cortus Energy AB's current Debt-to-EBITDA is 1.95. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.63. Cortus Energy AB's value of 1.95 is 57.9% below this industry median. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's Debt-to-EBITDA compare to CEG?
Cortus Energy AB's Debt-to-EBITDA of 1.95 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Debt-to-EBITDA is 4.63. Cortus Energy AB's value of 1.95 is 57.9% below 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 an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.63, based on 340 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. Cortus Energy AB's current Debt-to-EBITDA of 1.95 is 57.9% 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 Cortus Energy AB. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cortus Energy AB's current Debt-to-EBITDA is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current Debt-to-EBITDA of 1.95. The current Debt-to-EBITDA is 1.95 and 57.9% below the Utilities - Independent Power Producers industry median of 4.63. Cortus Energy AB's overall GF Score™ is 8/100. 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 Cortus Energy AB (OSTO:CE), the current Debt-to-EBITDA is 1.95 as of Dec. 2024. 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.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

Get the complete analysis for OSTO:CE

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

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