Okea ASA (STU:3SX) Debt-to-EBITDA : 0.63 (As of Jun. 2026) — 54% Above Median

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STU:3SX Okea ASA STU:3SX
54 GF Score
Price €3.63
GF Value €2.01
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Okea ASA Debt-to-EBITDA?

Okea ASA STU:3SX +4.16% 54 Debt-to-EBITDA is 0.63 as of Jun. 2026, which is 54% above its 10-year median of 0.41. GuruFocus rates STU:3SX with a GF Score™ of 54/100 and a GF Value™ of €2.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 718 Oil & Gas companies, Okea ASA ranks better than 72.84% on this metric.

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

Okea ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €3.4 Mil. Okea ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €267.1 Mil. Okea ASA's annualized EBITDA for the quarter that ended in Jun. 2026 was €429.1 Mil. Okea ASA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.63.

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

STU:3SX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -121.08   Med: 0.41   Max: 1.76
Current: 0.79

During the past 11 years, the highest Debt-to-EBITDA Ratio of Okea ASA was 1.76. The lowest was -121.08. And the median was 0.41.

STU:3SX's Debt-to-EBITDA is ranked better than
72.84% of 718 companies
in the Oil & Gas industry
Industry Median: 1.83 vs STU:3SX: 0.79

Okea ASA  (STU:3SX) 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.


Okea ASA Debt-to-EBITDA Related Terms


Okea ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Okea 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.

Okea ASA Debt-to-EBITDA Chart

Okea ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.46 0.64 0.36 1.31

Okea ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.43 -3.01 -20.71 0.26 0.63

STU:3SX vs COP, EOG, OXY: Debt-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Okea 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.


Okea ASA Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Okea ASA's Debt-to-EBITDA distribution charts can be found below:

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


STU:3SX
54GF Score
Okea ASA STU:3SX
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okea ASA Debt-to-EBITDA Calculation

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

Okea ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.132 + 262.831) / 202.517
=1.31

Okea ASA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.396 + 267.13) / 429.124
=0.63

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.63 mean?
Okea ASA (STU:3SX) has a Debt-to-EBITDA of 0.63 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Okea ASA. This is 54% above median its historical median of 0.41. According to the industry distribution chart, Okea ASA ranks #195 out of 718 companies in the Oil & Gas industry, placing it in the top 27.2%.
Is Okea ASA's Debt-to-EBITDA too high?
Okea ASA's current Debt-to-EBITDA of 0.63 is 54% above median its 10-year median of 0.41. The Oil & Gas industry median Debt-to-EBITDA is 1.83. Okea ASA's value of 0.63 is 65.6% below this industry median. Based on the distribution chart, Okea ASA ranks #195 out of 718 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Okea ASA has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's Debt-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Okea ASA ranks #195 out of 718 companies for Debt-to-EBITDA. This puts Okea ASA in the upper half of its industry. The industry median Debt-to-EBITDA is 1.83. Okea ASA's value of 0.63 is 65.6% below this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 1.83, Okea ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.83, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Okea ASA's current Debt-to-EBITDA of 0.63 is 65.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Okea ASA. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okea ASA's current Debt-to-EBITDA is 0.63, which is 54% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (STU:3SX) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.01, compared to a current price of €3.63 — trading 80.6% above its estimated fair value. The current Debt-to-EBITDA is 0.63, which is 54% above median its 10-year median of 0.41 and 65.6% below the Oil & Gas industry median of 1.83. Okea ASA's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Okea ASA (STU:3SX), the current Debt-to-EBITDA is 0.63 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Okea ASA (STU:3SX) Overvalued in 2026?

Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued. The current stock price of €3.63 is trading 80.6% above its estimated GF Value™ of €2.01. GuruFocus considers Okea ASA to be Significantly Overvalued.

Key valuation signals for STU:3SX:

  • Debt-to-EBITDA: 0.63 (54% above median its 10-year median of 0.41)
  • GF Value™: €2.01 vs. price of €3.63 (80.6% above fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 65.6% below the Oil & Gas median (#195 of 718)

No single metric tells the full story. See the STU:3SX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okea ASA Business Description

Industry EnergyOil & Gas
Address Kongens Gate 8, Trondheim, NOR, 7011
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
54GF Score

Get the complete analysis for STU:3SX

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.63
Price
€2.01
GF Value