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Freetrailer Group A/S (XSAT:FREETR) Debt-to-EBITDA : 0.01 (As of Dec. 2023)


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What is Freetrailer Group A/S Debt-to-EBITDA?

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

Freetrailer Group A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.08 Mil. Freetrailer Group A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil. Freetrailer Group A/S's annualized EBITDA for the quarter that ended in Dec. 2023 was kr14.13 Mil. Freetrailer Group A/S's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.01.

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 Freetrailer Group A/S's Debt-to-EBITDA or its related term are showing as below:

XSAT:FREETR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.6   Med: 0.03   Max: 2.69
Current: 0.01

During the past 7 years, the highest Debt-to-EBITDA Ratio of Freetrailer Group A/S was 2.69. The lowest was -0.60. And the median was 0.03.

XSAT:FREETR's Debt-to-EBITDA is ranked better than
99.88% of 833 companies
in the Business Services industry
Industry Median: 1.9 vs XSAT:FREETR: 0.01

Freetrailer Group A/S Debt-to-EBITDA Historical Data

The historical data trend for Freetrailer Group A/S'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.

Freetrailer Group A/S Debt-to-EBITDA Chart

Freetrailer Group A/S Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.60 0.05 0.01 0.03 0.04

Freetrailer Group A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 -0.06 0.03 0.01 0.01

Competitive Comparison of Freetrailer Group A/S's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Freetrailer Group A/S'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.


Freetrailer Group A/S's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Freetrailer Group A/S's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Freetrailer Group A/S's Debt-to-EBITDA falls into.



Freetrailer Group A/S Debt-to-EBITDA Calculation

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

Freetrailer Group A/S's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.287 + 0) / 8.272
=0.03

Freetrailer Group A/S's annualized Debt-to-EBITDA for the quarter 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
=(0.082 + 0) / 14.132
=0.01

* 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. 2023) EBITDA data.


Freetrailer Group A/S  (XSAT:FREETR) 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.


Freetrailer Group A/S Debt-to-EBITDA Related Terms

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


Freetrailer Group A/S (XSAT:FREETR) Business Description

Traded in Other Exchanges
Address
Mollevej 67-69, Gladsaxe, Soborg, DNK, 2860
Freetrailer Group A/S is a Danish tech company that allows people to hire different types of trailers and cargo bikes on a rental basis through its technology platform. Some of the products that people can hire through its platform are Closed trailer, Open trailer, Open 2 axle trailer and Trio eBike.

Freetrailer Group A/S (XSAT:FREETR) Headlines

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