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Olink Holding AB (Olink Holding AB) Debt-to-EBITDA : -1.57 (As of Dec. 2023)


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What is Olink Holding AB Debt-to-EBITDA?

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

Olink Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.0 Mil. Olink Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22.8 Mil. Olink Holding AB's annualized EBITDA for the quarter that ended in Dec. 2023 was $-17.1 Mil. Olink Holding AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.57.

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

OLK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -36.2   Med: -0.29   Max: 5.55
Current: -1.34

During the past 5 years, the highest Debt-to-EBITDA Ratio of Olink Holding AB was 5.55. The lowest was -36.20. And the median was -0.29.

OLK's Debt-to-EBITDA is ranked worse than
100% of 106 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.005 vs OLK: -1.34

Olink Holding AB Debt-to-EBITDA Historical Data

The historical data trend for Olink Holding 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.

Olink Holding AB Debt-to-EBITDA Chart

Olink Holding AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-36.20 5.55 -0.29 3.85 -1.34

Olink Holding AB Quarterly Data
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 0.21 -0.17 -0.35 2.01 -1.57

Competitive Comparison of Olink Holding AB's Debt-to-EBITDA

For the Diagnostics & Research subindustry, Olink Holding 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.


Olink Holding AB's Debt-to-EBITDA Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Olink Holding AB's Debt-to-EBITDA distribution charts can be found below:

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



Olink Holding AB Debt-to-EBITDA Calculation

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

Olink Holding AB'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
=(4.024 + 22.765) / -20.047
=-1.34

Olink Holding AB'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
=(4.024 + 22.765) / -17.108
=-1.57

* 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 (Dec. 2023) EBITDA data.


Olink Holding AB  (NAS:OLK) 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.


Olink Holding AB Debt-to-EBITDA Related Terms

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


Olink Holding AB (Olink Holding AB) Business Description

Traded in Other Exchanges
Address
Uppsala Science Park, Uppsala, SWE, SE-75183
Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, EMEA (Excluding Sweden) Japan, and other regions.