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Greater Than AB (OSTO:GREAT) Debt-to-EBITDA : 0.22 (As of Jun. 2024)


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What is Greater Than AB Debt-to-EBITDA?

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

Greater Than AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr1.08 Mil. Greater Than AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr0.41 Mil. Greater Than AB's annualized EBITDA for the quarter that ended in Jun. 2024 was kr6.74 Mil. Greater Than AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.22.

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

OSTO:GREAT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.46   Med: -0.23   Max: -0.01
Current: -0.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Greater Than AB was -0.01. The lowest was -0.46. And the median was -0.23.

OSTO:GREAT's Debt-to-EBITDA is ranked worse than
100% of 1640 companies
in the Software industry
Industry Median: 1.035 vs OSTO:GREAT: -0.33

Greater Than AB Debt-to-EBITDA Historical Data

The historical data trend for Greater Than 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.

Greater Than AB Debt-to-EBITDA Chart

Greater Than AB 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 -0.23 -0.37 -0.09 -0.01 -0.07

Greater Than AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.03 -0.05 -0.10 0.40 0.22

Competitive Comparison of Greater Than AB's Debt-to-EBITDA

For the Software - Application subindustry, Greater Than 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.


Greater Than AB's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Greater Than AB's Debt-to-EBITDA distribution charts can be found below:

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



Greater Than AB Debt-to-EBITDA Calculation

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

Greater Than 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
=(1.708 + 0) / -25.044
=-0.07

Greater Than AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.083 + 0.405) / 6.744
=0.22

* 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 (Jun. 2024) EBITDA data.


Greater Than AB  (OSTO:GREAT) 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.


Greater Than AB Debt-to-EBITDA Related Terms

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


Greater Than AB Business Description

Traded in Other Exchanges
N/A
Address
Karlavagen 58, Stockholm, SWE, 114 49
Greater Than AB is a driving data analytics company that uses artificial intelligence to convert GPS data into driver scores that predict crash probability and climate impact. Insurance companies, underwriters, fleet solution providers, mobility providers and other owners of GPS data use Greater Than's analysis to optimize driver risk management, achieve insurance profitability, manage sustainability and ESG reporting, and monetize GPS data.

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