Sonova Holding AG (Sonova Holding AG) Debt-to-EBITDA

: 0.31 (As of Sep. 2023)

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

Sonova Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $75 Mil. Sonova Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $223 Mil. Sonova Holding AG's annualized EBITDA for the quarter that ended in Sep. 2023 was $971 Mil. Sonova Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.31.

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

SONVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.17 Med: 1.42 Max: 2.18
Current: 0.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sonova Holding AG was 2.18. The lowest was 0.17. And the median was 1.42.

SONVF's Debt-to-EBITDA is ranked better than
79.21% of 428 companies
in the Medical Devices & Instruments industry
Industry Median: 1.225 vs SONVF: 0.29

Sonova Holding AG Debt-to-EBITDA Historical Data

The historical data trend for Sonova Holding AG'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.

Sonova Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

0.92

1.49

2.18

1.55

1.85

Sonova Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA																0.29	1.54	0.27	1.86	0.31

Competitive Comparison

For the Medical Devices subindustry, Sonova Holding AG'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.

Sonova Holding AG Debt-to-EBITDA Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Debt-to-EBITDA distribution charts can be found below:

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

Sonova Holding AG Debt-to-EBITDA Calculation

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

Sonova Holding AG's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(84.927	+	1875.959)	/	1057.482
	=	1.85

Sonova Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(75.256	+	222.543)	/	971.32
	=	0.31

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 two times the quarterly (Sep. 2023) EBITDA data.

Sonova Holding AG (OTCPK:SONVF) 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.

Sonova Holding AG Debt-to-EBITDA Related Terms

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Sonova Holding AG (Sonova Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sonova Holding AG (OTCPK:SONVF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SONVY:USA SOONz:UK 0QPY:UK PHBA:Germany SOON:Switzerland

Address

Laubisrutistrasse 28, Stafa, CHE, CH-8712

Website

https://www.sonova.com

Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants through its advanced bionics subsidiary and recently acquired Sennheiser's consumer division to expand into audio technologies.