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Fortinova Fastigheter AB (OSTO:FNOVA B) Debt-to-EBITDA : 12.98 (As of Mar. 2025)


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What is Fortinova Fastigheter AB Debt-to-EBITDA?

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

Fortinova Fastigheter AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr625.3 Mil. Fortinova Fastigheter AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr2,063.5 Mil. Fortinova Fastigheter AB's annualized EBITDA for the quarter that ended in Mar. 2025 was kr207.2 Mil. Fortinova Fastigheter AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 12.98.

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

OSTO:FNOVA B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.76   Med: 5.81   Max: 9.57
Current: 9.57

During the past 5 years, the highest Debt-to-EBITDA Ratio of Fortinova Fastigheter AB was 9.57. The lowest was -15.76. And the median was 5.81.

OSTO:FNOVA B's Debt-to-EBITDA is ranked worse than
66.64% of 1277 companies
in the Real Estate industry
Industry Median: 6.11 vs OSTO:FNOVA B: 9.57

Fortinova Fastigheter AB Debt-to-EBITDA Historical Data

The historical data trend for Fortinova 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.

Fortinova Fastigheter AB Debt-to-EBITDA Chart

Fortinova Fastigheter AB Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec23
Debt-to-EBITDA
N/A 7.93 8.90 3.69 -15.76

Fortinova Fastigheter AB Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.50 11.07 29.52 4.67 12.98

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

For the Real Estate Services subindustry, Fortinova 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.


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

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

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


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Fortinova Fastigheter AB Debt-to-EBITDA Calculation

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

Fortinova 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
=(611.4 + 2175.7) / -176.8
=-15.76

Fortinova Fastigheter AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(625.3 + 2063.5) / 207.2
=12.98

* 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. 2025) EBITDA data.


Fortinova Fastigheter AB  (OSTO:FNOVA 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.


Fortinova Fastigheter AB Debt-to-EBITDA Related Terms

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


Fortinova Fastigheter AB Business Description

Traded in Other Exchanges
N/A
Address
Norrgatan 10, Varberg, SWE, 432 41
Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.

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