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Swedish Match AB (XTER:SWMC) Debt-to-EBITDA : 1.62 (As of Sep. 2022)


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What is Swedish Match AB Debt-to-EBITDA?

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

Swedish Match AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was €209 Mil. Swedish Match AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was €1,248 Mil. Swedish Match AB's annualized EBITDA for the quarter that ended in Sep. 2022 was €899 Mil. Swedish Match AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was 1.62.

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

XTER:SWMC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52   Med: 2.18   Max: 2.56
Current: 1.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Swedish Match AB was 2.56. The lowest was 1.52. And the median was 2.18.

XTER:SWMC's Debt-to-EBITDA is not ranked
in the Tobacco Products industry.
Industry Median: 1.64 vs XTER:SWMC: 1.83

Swedish Match AB Debt-to-EBITDA Historical Data

The historical data trend for Swedish Match 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.

Swedish Match AB Debt-to-EBITDA Chart

Swedish Match AB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.56 2.17 2.06 1.75

Swedish Match AB Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.85 2.05 1.93 1.72 1.62

Competitive Comparison of Swedish Match AB's Debt-to-EBITDA

For the Tobacco subindustry, Swedish Match 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.


Swedish Match AB's Debt-to-EBITDA Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Swedish Match AB's Debt-to-EBITDA distribution charts can be found below:

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



Swedish Match AB Debt-to-EBITDA Calculation

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

Swedish Match AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(105.737 + 1412.168) / 868.682
=1.75

Swedish Match AB's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(209.312 + 1248) / 899.088
=1.62

* 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. 2022) EBITDA data.


Swedish Match AB  (XTER:SWMC) 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.


Swedish Match AB Debt-to-EBITDA Related Terms

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


Swedish Match AB (XTER:SWMC) Business Description

Traded in Other Exchanges
N/A
Address
Sveavagen 44, 8th Floor, Stockholm, SWE, SE-118 85
Swedish Match AB is primarily a smokeless tobacco company. It does not sell cigarettes. Its products include snus, moist snuff, chewing tobacco, cigars, and lighters and matches. Swedish Match's largest markets are Scandinavia and the United States, which collectively account for roughly 85% of the company's total revenue. Key brands include general (snus), longhorn (moist snuff), red Man (chewing tobacco), garcia y vega (cigars), and cricket (lighters). The company produces its products in Sweden, the United States, the Dominican Republic, Brazil, the Netherlands, and the Philippines.

Swedish Match AB (XTER:SWMC) Headlines

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