SREDF (Storebrand ASA) Debt-to-EBITDA : 4.56 (As of Dec. 2024)

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What is Storebrand ASA Debt-to-EBITDA?

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

Storebrand ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $304 Mil. Storebrand ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $4,499 Mil. Storebrand ASA's annualized EBITDA for the quarter that ended in Dec. 2024 was $1,055 Mil. Storebrand ASA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 4.55.

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 Storebrand ASA's Debt-to-EBITDA or its related term are showing as below:

SREDF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.88 Med: 6.52 Max: 38.87
Current: 4.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Storebrand ASA was 38.87. The lowest was 4.88. And the median was 6.52.

SREDF's Debt-to-EBITDA is ranked worse than
56.3% of 135 companies
in the Diversified Financial Services industry
Industry Median: 4.11 vs SREDF: 4.88

Storebrand ASA Debt-to-EBITDA Historical Data

The historical data trend for Storebrand ASA'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.

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Storebrand ASA Debt-to-EBITDA Chart

Storebrand ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

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8.38

6.57

10.91

7.77

4.88

Storebrand ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial															6.46	6.15	3.65	5.33	4.56

Competitive Comparison of Storebrand ASA's Debt-to-EBITDA

For the Financial Conglomerates subindustry, Storebrand ASA'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.

Storebrand ASA's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Debt-to-EBITDA distribution charts can be found below:

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

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Storebrand ASA Debt-to-EBITDA Calculation

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

Storebrand ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(304.356	+	4498.592)	/	984.011
	=	4.88

Storebrand ASA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(304.356	+	4498.592)	/	1054.504
	=	4.55

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 (Dec. 2024) EBITDA data.

Storebrand ASA (OTCPK:SREDF) 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.

Storebrand ASA Debt-to-EBITDA Related Terms

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

Storebrand ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Storebrand ASA (OTCPK:SREDF) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

STBo:Sweden STB:Norway STBo:UK 0NO0:UK SKT:Germany SKT:Germany

Address

Professor Kohts vei 9, P.O. Box 500, Lysaker, Oslo, NOR, N-1327

Website

https://www.storebrand.no

Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments Savings, Insurance, Guaranteed Pension, and Others. The Savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The Insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.