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Tangiamo Touch Technology AB (OSTO:TANGI) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Tangiamo Touch Technology AB Debt-to-EBITDA?

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

Tangiamo Touch Technology AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr0.00 Mil. Tangiamo Touch Technology AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr0.00 Mil. Tangiamo Touch Technology AB's annualized EBITDA for the quarter that ended in Jun. 2024 was kr-8.52 Mil. Tangiamo Touch Technology AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.00.

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

During the past 8 years, the highest Debt-to-EBITDA Ratio of Tangiamo Touch Technology AB was 0.57. The lowest was -6.70. And the median was -0.27.

OSTO:TANGI's Debt-to-EBITDA is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.99
* Ranked among companies with meaningful Debt-to-EBITDA only.

Tangiamo Touch Technology AB Debt-to-EBITDA Historical Data

The historical data trend for Tangiamo Touch Technology 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.

Tangiamo Touch Technology AB Debt-to-EBITDA Chart

Tangiamo Touch Technology AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial -0.27 -0.01 - - -

Tangiamo Touch Technology AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 - - - - -

Competitive Comparison of Tangiamo Touch Technology AB's Debt-to-EBITDA

For the Gambling subindustry, Tangiamo Touch Technology 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.


Tangiamo Touch Technology AB's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tangiamo Touch Technology AB's Debt-to-EBITDA distribution charts can be found below:

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



Tangiamo Touch Technology AB Debt-to-EBITDA Calculation

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

Tangiamo Touch Technology AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -10.282
=0.00

Tangiamo Touch Technology 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
=(0 + 0) / -8.524
=0.00

* 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.


Tangiamo Touch Technology AB  (OSTO:TANGI) 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.


Tangiamo Touch Technology AB Debt-to-EBITDA Related Terms

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


Tangiamo Touch Technology AB Business Description

Traded in Other Exchanges
Address
Marieholmsgatan 10C, Gothenburg, SWE, 415 02
Tangiamo Touch Technology AB designs, develops and manufactures multi-player gaming systems for casinos and arcades, electronic. The company operates in touch technology, electronic table games, and online gaming. Its software allows players to play on the tables from mobiles and tablets, either within the casino.

Tangiamo Touch Technology AB Headlines

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