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Altero AB (XSAT:ATO B) Debt-to-EBITDA : -2.32 (As of Sep. 2012)


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What is Altero AB Debt-to-EBITDA?

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

Altero AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was kr12.82 Mil. Altero AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was kr1.20 Mil. Altero AB's annualized EBITDA for the quarter that ended in Sep. 2012 was kr-6.04 Mil. Altero AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 was -2.32.

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

XSAT:ATO B's Debt-to-EBITDA is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Debt-to-EBITDA only.

Altero AB Debt-to-EBITDA Historical Data

The historical data trend for Altero 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.

Altero AB Debt-to-EBITDA Chart

Altero AB Annual Data
Trend Dec08 Dec09 Dec10
Debt-to-EBITDA
-1.45 28.18 -0.65

Altero AB Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Mar12 Jun12 Sep12
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.94 -2.59 -2.08 -2.74 -2.32

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

For the subindustry, Altero 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.


Altero AB's Debt-to-EBITDA Distribution in the Industry

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

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


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Altero AB Debt-to-EBITDA Calculation

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

Altero AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.774 + 0) / -8.956
=-0.64

Altero AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12.819 + 1.2) / -6.044
=-2.32

* 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 (Sep. 2012) EBITDA data.


Altero AB  (XSAT:ATO B) 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.


Altero AB Debt-to-EBITDA Related Terms

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