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Eevia Health (XSAT:EEVIA) Debt-to-EBITDA : -0.57 (As of Sep. 2024)


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What is Eevia Health Debt-to-EBITDA?

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

Eevia Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0.78 Mil. Eevia Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr6.95 Mil. Eevia Health's annualized EBITDA for the quarter that ended in Sep. 2024 was kr-13.53 Mil. Eevia Health's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.57.

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 Eevia Health's Debt-to-EBITDA or its related term are showing as below:

XSAT:EEVIA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.53   Med: -0.26   Max: 4.9
Current: -0.48

During the past 5 years, the highest Debt-to-EBITDA Ratio of Eevia Health was 4.90. The lowest was -1.53. And the median was -0.26.

XSAT:EEVIA's Debt-to-EBITDA is ranked worse than
100% of 1497 companies
in the Consumer Packaged Goods industry
Industry Median: 2.05 vs XSAT:EEVIA: -0.48

Eevia Health Debt-to-EBITDA Historical Data

The historical data trend for Eevia Health'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.

Eevia Health Debt-to-EBITDA Chart

Eevia Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.25 -0.27 -1.53 4.90

Eevia Health Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 101.91 -0.27 -1.27 -1.69 -0.57

Competitive Comparison of Eevia Health's Debt-to-EBITDA

For the Packaged Foods subindustry, Eevia Health'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.


Eevia Health's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Eevia Health's Debt-to-EBITDA distribution charts can be found below:

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



Eevia Health Debt-to-EBITDA Calculation

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

Eevia Health's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.092 + 6.846) / 1.823
=4.90

Eevia Health's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.783 + 6.948) / -13.532
=-0.57

* 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. 2024) EBITDA data.


Eevia Health  (XSAT:EEVIA) 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.


Eevia Health Debt-to-EBITDA Related Terms

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


Eevia Health Business Description

Traded in Other Exchanges
N/A
Address
Koulukatu 14, Seinajoki, FIN, FI-60100
Eevia Health PLC is a manufacturer of health-promoting extracts extracted from berries, mushrooms, and bark from the Nordic forests. Its products include Bilberry Extracts, Chaga Extracts, Pine Bark Extracts, and Lingonberry extracts among others.

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