GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (LTS:0ZCB) » Definitions » Debt-to-EBITDA

Aker Carbon Capture ASA (LTS:0ZCB) Debt-to-EBITDA : -0.36 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Aker Carbon Capture ASA Debt-to-EBITDA?

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

Aker Carbon Capture ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr5 Mil. Aker Carbon Capture ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr37 Mil. Aker Carbon Capture ASA's annualized EBITDA for the quarter that ended in Dec. 2023 was kr-116 Mil. Aker Carbon Capture ASA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.36.

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 Aker Carbon Capture ASA's Debt-to-EBITDA or its related term are showing as below:

LTS:0ZCB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.27   Med: -0.09   Max: -0.03
Current: -0.27

During the past 4 years, the highest Debt-to-EBITDA Ratio of Aker Carbon Capture ASA was -0.03. The lowest was -0.27. And the median was -0.09.

LTS:0ZCB's Debt-to-EBITDA is ranked worse than
100% of 2303 companies
in the Industrial Products industry
Industry Median: 1.71 vs LTS:0ZCB: -0.27

Aker Carbon Capture ASA Debt-to-EBITDA Historical Data

The historical data trend for Aker Carbon Capture ASA'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.

Aker Carbon Capture ASA Debt-to-EBITDA Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.09 -0.03 -0.27

Aker Carbon Capture ASA Quarterly Data
Jul20 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 -0.04 -0.02 -0.01 - -0.36

Competitive Comparison of Aker Carbon Capture ASA's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Aker Carbon Capture ASA'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.


Aker Carbon Capture ASA's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aker Carbon Capture ASA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aker Carbon Capture ASA's Debt-to-EBITDA falls into.



Aker Carbon Capture ASA Debt-to-EBITDA Calculation

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

Aker Carbon Capture ASA'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
=(4.515 + 36.844) / -153.267
=-0.27

Aker Carbon Capture ASA'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
=(4.515 + 36.844) / -116.184
=-0.36

* 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.


Aker Carbon Capture ASA  (LTS:0ZCB) 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.


Aker Carbon Capture ASA Debt-to-EBITDA Related Terms

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


Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, Baerum, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

Aker Carbon Capture ASA (LTS:0ZCB) Headlines

No Headlines