Oceanpact Servicos Maritimos (BSP:OPCT3) Debt-to-EBITDA : 2.31 (As of Dec. 2023)

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Oceanpact Servicos Maritimos Debt-to-EBITDA Definition

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

Oceanpact Servicos Maritimos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$277 Mil. Oceanpact Servicos Maritimos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$924 Mil. Oceanpact Servicos Maritimos's annualized EBITDA for the quarter that ended in Dec. 2023 was R$519 Mil. Oceanpact Servicos Maritimos's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.31.

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 Oceanpact Servicos Maritimos's Debt-to-EBITDA or its related term are showing as below:

BSP:OPCT3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.14 Med: 4.56 Max: 9.82
Current: 2.14

During the past 7 years, the highest Debt-to-EBITDA Ratio of Oceanpact Servicos Maritimos was 9.82. The lowest was 2.14. And the median was 4.56.

BSP:OPCT3's Debt-to-EBITDA is ranked worse than
53.56% of 829 companies
in the Business Services industry
Industry Median: 1.84 vs BSP:OPCT3: 2.14

Oceanpact Servicos Maritimos Debt-to-EBITDA Historical Data

The historical data trend for Oceanpact Servicos Maritimos'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.

Oceanpact Servicos Maritimos Debt-to-EBITDA Chart

Oceanpact Servicos Maritimos Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.47

9.82

7.19

4.27

2.14

Oceanpact Servicos Maritimos Quarterly Data
	Dec17	Dec18	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															2.81	2.77	1.44	2.70	2.31

Competitive Comparison of Oceanpact Servicos Maritimos's Debt-to-EBITDA

For the Specialty Business Services subindustry, Oceanpact Servicos Maritimos'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.

Oceanpact Servicos Maritimos Debt-to-EBITDA Distribution

For the Business Services industry and Industrials sector, Oceanpact Servicos Maritimos's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Oceanpact Servicos Maritimos's Debt-to-EBITDA falls into.

Oceanpact Servicos Maritimos Debt-to-EBITDA Calculation

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

Oceanpact Servicos Maritimos'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
	=	(276.679	+	923.718)	/	561.25
	=	2.14

Oceanpact Servicos Maritimos'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
	=	(276.679	+	923.718)	/	519.072
	=	2.31

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.

Oceanpact Servicos Maritimos (BSP:OPCT3) 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.

Oceanpact Servicos Maritimos Debt-to-EBITDA Related Terms

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

Oceanpact Servicos Maritimos (BSP:OPCT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Oceanpact Servicos Maritimos SA (BSP:OPCT3) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua da Gloria, 122 - 11 Andar, Gloria, Rio de Janeiro, BRA, 20241-180

Website

https://www.oceanpact.com

Oceanpact Servicos Maritimos SA specialized in the management and response to emergency situations occurring in marine and coastal environments. It develops and implements safe, efficient and innovative solutions in the areas of the environment, subsea operations and logistical and engineering support. The company offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for customers from different sectors of the economy, such as oil and gas, energy, mining, telecommunications, port, navigation, tourism, fishing and aquaculture.

Oceanpact Servicos Maritimos (BSP:OPCT3) Headlines

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