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Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Debt-to-EBITDA : 59.28 (As of Mar. 2024)


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What is Svenska Nyttobostader AB Debt-to-EBITDA?

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

Svenska Nyttobostader AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,095.00 Mil. Svenska Nyttobostader AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,462.00 Mil. Svenska Nyttobostader AB's annualized EBITDA for the quarter that ended in Mar. 2024 was kr60.00 Mil. Svenska Nyttobostader AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 59.28.

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

OSTO:NYTTO.PREF.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -105.17   Med: 5.05   Max: 13.88
Current: -6.93

During the past 4 years, the highest Debt-to-EBITDA Ratio of Svenska Nyttobostader AB was 13.88. The lowest was -105.17. And the median was 5.05.

OSTO:NYTTO.PREF.PFD's Debt-to-EBITDA is ranked worse than
100% of 1259 companies
in the Real Estate industry
Industry Median: 6 vs OSTO:NYTTO.PREF.PFD: -6.93

Svenska Nyttobostader AB Debt-to-EBITDA Historical Data

The historical data trend for Svenska Nyttobostader 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.

Svenska Nyttobostader AB Debt-to-EBITDA Chart

Svenska Nyttobostader AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
6.75 13.88 3.35 -105.17

Svenska Nyttobostader AB Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.86 -142.13 120.68 -1.68 59.28

Competitive Comparison of Svenska Nyttobostader AB's Debt-to-EBITDA

For the Real Estate Services subindustry, Svenska Nyttobostader 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.


Svenska Nyttobostader AB's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Svenska Nyttobostader AB Debt-to-EBITDA Calculation

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

Svenska Nyttobostader AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(210 + 2945) / -30
=-105.17

Svenska Nyttobostader AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2095 + 1462) / 60
=59.28

* 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. 2024) EBITDA data.


Svenska Nyttobostader AB  (OSTO:NYTTO.PREF.PFD) 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.


Svenska Nyttobostader AB Debt-to-EBITDA Related Terms

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


Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 59, Stockholm, SWE, 111 59
Svenska Nyttobostader AB owns and manages newly constructed residential properties in Stockholm. The company offer its properties to private individuals, companies and authorities on rent.

Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Headlines

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