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Telenor ASA (Telenor ASA) Debt-to-EBITDA

: -20.13 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Telenor ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,502 Mil. Telenor ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,185 Mil. Telenor ASA's annualized EBITDA for the quarter that ended in Dec. 2023 was $-481 Mil. Telenor ASA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -20.13.

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

TELNY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.6   Med: 2.34   Max: 4.64
Current: 4.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of Telenor ASA was 4.64. The lowest was 1.60. And the median was 2.34.

TELNY's Debt-to-EBITDA is ranked worse than
80.19% of 318 companies
in the Telecommunication Services industry
Industry Median: 2.23 vs TELNY: 4.64

Telenor ASA Debt-to-EBITDA Historical Data

The historical data trend for Telenor 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.

Telenor ASA 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 2.77 2.64 2.60 3.01 4.64

Telenor ASA 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 3.11 4.35 3.33 2.48 -20.13

Competitive Comparison

For the Telecom Services subindustry, Telenor 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.


Telenor ASA Debt-to-EBITDA Distribution

For the Telecommunication Services industry and Communication Services sector, Telenor ASA's Debt-to-EBITDA distribution charts can be found below:

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



Telenor ASA Debt-to-EBITDA Calculation

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

Telenor 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
=(1501.886 + 8185.205) / 2088.744
=4.64

Telenor 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
=(1501.886 + 8185.205) / -481.164
=-20.13

* 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.


Telenor ASA  (OTCPK:TELNY) 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.


Telenor ASA Debt-to-EBITDA Related Terms

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


Telenor ASA (Telenor ASA) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (Telenor ASA) Headlines

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