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Alleima AB (Alleima AB) Debt-to-EBITDA : 0.78 (As of Mar. 2024)


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What is Alleima AB Debt-to-EBITDA?

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

Alleima AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12 Mil. Alleima AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $108 Mil. Alleima AB's annualized EBITDA for the quarter that ended in Mar. 2024 was $153 Mil. Alleima AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.78.

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

SAMHF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 0.31   Max: 1.67
Current: 0.56

During the past 5 years, the highest Debt-to-EBITDA Ratio of Alleima AB was 1.67. The lowest was 0.14. And the median was 0.31.

SAMHF's Debt-to-EBITDA is ranked better than
82.57% of 482 companies
in the Steel industry
Industry Median: 2.73 vs SAMHF: 0.56

Alleima AB Debt-to-EBITDA Historical Data

The historical data trend for Alleima 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.

Alleima AB Debt-to-EBITDA Chart

Alleima AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
1.67 0.31 0.79 0.14 0.17

Alleima AB Quarterly Data
Dec19 Dec20 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 0.18 0.47 0.57 0.16 0.78

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

For the Steel subindustry, Alleima 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.


Alleima AB's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alleima AB's Debt-to-EBITDA distribution charts can be found below:

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



Alleima AB Debt-to-EBITDA Calculation

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

Alleima 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
=(12.674 + 36.948) / 297.925
=0.17

Alleima 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
=(12.102 + 107.96) / 153.296
=0.78

* 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.


Alleima AB  (OTCPK:SAMHF) 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.


Alleima AB Debt-to-EBITDA Related Terms

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


Alleima AB (Alleima AB) Business Description

Traded in Other Exchanges
Address
Storgatan 2, Sandviken, SWE, SE-811 81
Alleima AB is a developer, manufacturer, and supplier of high-value-added products in advanced stainless steels and special alloys as well as products for industrial heating. The company's products are sold in approximately 90 countries across the globe. The company's offering includes products like seamless steel tubes for the energy, chemical, and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.

Alleima AB (Alleima AB) Headlines