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Horisont Energi AS (STU:9GJ) Debt-to-EBITDA : -0.03 (As of Dec. 2024)


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What is Horisont Energi AS Debt-to-EBITDA?

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

Horisont Energi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.13 Mil. Horisont Energi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.06 Mil. Horisont Energi AS's annualized EBITDA for the quarter that ended in Dec. 2024 was €-6.36 Mil. Horisont Energi AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.03.

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 Horisont Energi AS's Debt-to-EBITDA or its related term are showing as below:

STU:9GJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.18   Med: -0.08   Max: -0.02
Current: -0.02

During the past 6 years, the highest Debt-to-EBITDA Ratio of Horisont Energi AS was -0.02. The lowest was -0.18. And the median was -0.08.

STU:9GJ's Debt-to-EBITDA is ranked worse than
100% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs STU:9GJ: -0.02

Horisont Energi AS Debt-to-EBITDA Historical Data

The historical data trend for Horisont Energi AS'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.

Horisont Energi AS Debt-to-EBITDA Chart

Horisont Energi AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial -0.18 -0.09 -0.08 -0.04 -0.02

Horisont Energi AS Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.11 -0.05 -0.05 -0.05 -0.03

Competitive Comparison of Horisont Energi AS's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Horisont Energi AS'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.


Horisont Energi AS's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

* The bar in red indicates where Horisont Energi AS's Debt-to-EBITDA falls into.


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Horisont Energi AS Debt-to-EBITDA Calculation

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

Horisont Energi AS'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
=(0.127 + 0.057) / -8.898
=-0.02

Horisont Energi AS'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
=(0.127 + 0.057) / -6.356
=-0.03

* 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 (Dec. 2024) EBITDA data.


Horisont Energi AS  (STU:9GJ) 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.


Horisont Energi AS Debt-to-EBITDA Related Terms

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


Horisont Energi AS Business Description

Traded in Other Exchanges
Address
Grenseveien 21, Sandnes, NOR, 4313
Horisont Energi AS is a Norwegian clean energy, carbon infrastructure, and storage company. It is developing blue hydrogen, blue ammonia, and carbon storage solutions, providing clean energy and carbon transport, and storage services. The company transforms gas, water, and renewable energy into clean ammonia and hydrogen and offers CO2 transportation and storage services using proprietary technology. Its Project includes the Gismarvik CO2 hub, the Polaris carbon storage project, and the Barents Blue project for the production of clean ammonia, featuring a low carbon footprint.

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