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Klarna GroupWBO:KLAR +2.16%12 Debt-to-EBITDA is 1.82 as of Mar. 2026, which is 15% below its 10-year median of 2.15. GuruFocus rates WBO:KLAR with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 286 Credit Services companies, Klarna Group ranks better than 78.32% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Klarna Group's Debt-to-EBITDA or its related term are showing as below:
WBO:KLAR'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.75 Med: 2.15 Max: 2.59
Current: 1.94
During the past 4 years, the highest Debt-to-EBITDA Ratio of Klarna Group was 2.59. The lowest was 0.75. And the median was 2.15.
WBO:KLAR's Debt-to-EBITDA is ranked better than 78.32% of 286
companies
in the Credit Services industry
Industry Median: 8.745
vs WBO:KLAR: 1.94
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.
Klarna Group Debt-to-EBITDA Related Terms
Klarna Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Klarna Group'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.
WBO:KLAR vs OMF, CACC, ENVA: Debt-to-EBITDA Comparison
For the Credit Services subindustry, Klarna Group'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.
Klarna Group Debt-to-EBITDA vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Klarna Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Klarna Group's Debt-to-EBITDA falls into.
* 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. 2026) EBITDA data.
Klarna Group (WBO:KLAR) has a Debt-to-EBITDA of 1.82 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Klarna Group. This is 15% below median its historical median of 2.15. Over the past decade, Klarna Group's Debt-to-EBITDA has ranged from 0.75 to 2.59. According to the industry distribution chart, Klarna Group ranks #62 out of 286 companies in the Credit Services industry, placing it in the top 21.7%.
Is Klarna Group's Debt-to-EBITDA too high?
Klarna Group's current Debt-to-EBITDA of 1.82 is 15% below median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.59. The Credit Services industry median Debt-to-EBITDA is 8.75. Klarna Group's value of 1.82 is 79.2% below this industry median. Based on the distribution chart, Klarna Group ranks #62 out of 286 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Klarna Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Klarna Group's Debt-to-EBITDA compare to OMF and CACC?
According to the Credit Services industry distribution chart, Klarna Group ranks #62 out of 286 companies for Debt-to-EBITDA. This places Klarna Group in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 8.75. Klarna Group's value of 1.82 is 79.2% below this benchmark. Historically, Klarna Group's own Debt-to-EBITDA has ranged from 0.75 to 2.59 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 8.75, Klarna Group 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 a Credit Services company?
The median Debt-to-EBITDA among Credit Services companies is 8.75, based on 286 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. Klarna Group's current Debt-to-EBITDA of 1.82 is 79.2% 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 Klarna Group. For the Credit Services industry, the median Debt-to-EBITDA is 8.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Klarna Group's current Debt-to-EBITDA is 1.82, which is 15% below median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Klarna Group stock overvalued right now?
Klarna Group (WBO:KLAR) has a current Debt-to-EBITDA of 1.82. The current Debt-to-EBITDA is 1.82, which is 15% below median its 10-year median of 2.15 and 79.2% below the Credit Services industry median of 8.75. Klarna Group's overall GF Score™ is 12/100 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 Klarna Group (WBO:KLAR), the current Debt-to-EBITDA is 1.82 as of Mar. 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.
Klarna Group PLC is a technology-driven payments company, with operations spanning multiple countries. It connects consumers and merchants with comprehensive payment solutions and tailored advertising solutions, both online and offline. Its payment solutions provide consumers with more control and flexibility over their payments. It is a digital bank and flexible payments provider building the next-generation AI-powered commerce network.
12GF Score
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