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Resqunit AB (OSTO:RESQ) Debt-to-EBITDA : -1.82 (As of Jun. 2024)


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What is Resqunit AB Debt-to-EBITDA?

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

Resqunit AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr7.17 Mil. Resqunit AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr4.98 Mil. Resqunit AB's annualized EBITDA for the quarter that ended in Jun. 2024 was kr-6.69 Mil. Resqunit AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -1.82.

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

OSTO:RESQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.32   Med: -0.57   Max: -0.57
Current: -1.32

During the past 3 years, the highest Debt-to-EBITDA Ratio of Resqunit AB was -0.57. The lowest was -1.32. And the median was -0.57.

OSTO:RESQ's Debt-to-EBITDA is ranked worse than
100% of 2275 companies
in the Industrial Products industry
Industry Median: 1.7 vs OSTO:RESQ: -1.32

Resqunit AB Debt-to-EBITDA Historical Data

The historical data trend for Resqunit 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.

Resqunit AB Debt-to-EBITDA Chart

Resqunit AB Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.57 -

Resqunit AB Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial -0.16 -0.62 -0.93 - -1.82

Competitive Comparison of Resqunit AB's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Resqunit 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.


Resqunit AB's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Resqunit AB's Debt-to-EBITDA distribution charts can be found below:

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



Resqunit AB Debt-to-EBITDA Calculation

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

Resqunit 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
=(0 + 0) / -10.223
=0.00

Resqunit 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
=(7.169 + 4.984) / -6.688
=-1.82

* 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 two times the quarterly (Jun. 2024) EBITDA data.


Resqunit AB  (OSTO:RESQ) 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.


Resqunit AB Debt-to-EBITDA Related Terms

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


Resqunit AB Business Description

Traded in Other Exchanges
N/A
Address
Grenseveien 21, Sandnes, NOR, 4313
Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

Resqunit AB Headlines

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