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DSV AS (DSV AS) Debt-to-EBITDA

: 2.56 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

DSV AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $870 Mil. DSV AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,995 Mil. DSV AS's annualized EBITDA for the quarter that ended in Dec. 2023 was $2,288 Mil. DSV AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.56.

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 DSV AS's Debt-to-EBITDA or its related term are showing as below:

DSDVY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.13   Med: 1.78   Max: 3.55
Current: 2.23

During the past 13 years, the highest Debt-to-EBITDA Ratio of DSV AS was 3.55. The lowest was 1.13. And the median was 1.78.

DSDVY's Debt-to-EBITDA is ranked better than
60.68% of 847 companies
in the Transportation industry
Industry Median: 2.83 vs DSDVY: 2.23

DSV AS Debt-to-EBITDA Historical Data

The historical data trend for DSV AS'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.

DSV AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 3.23 1.84 1.31 1.72

DSV AS 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 1.94 2.07 2.02 2.27 2.56

Competitive Comparison

For the Integrated Freight & Logistics subindustry, DSV AS'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.


DSV AS Debt-to-EBITDA Distribution

For the Transportation industry and Industrials sector, DSV AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where DSV AS's Debt-to-EBITDA falls into.



DSV AS Debt-to-EBITDA Calculation

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

DSV AS'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
=(870.106 + 4995.464) / 3405.659
=1.72

DSV AS'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
=(870.106 + 4995.464) / 2287.704
=2.56

* 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.


DSV AS  (OTCPK:DSDVY) 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.


DSV AS Debt-to-EBITDA Related Terms

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


DSV AS (DSV AS) Business Description

Address
Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, sea, and train, with the bulk of its activities coming from its European trucking network and airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021. This acquisition further diversifies its revenue base away from European road freight and adds scale in key regions such as the Middle East. It also moves DSV into third spot among the largest 3PL firms globally.

DSV AS (DSV AS) Headlines

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