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FOM Technologies A/S (OCSE:FOM) Debt-to-EBITDA : 1.09 (As of Dec. 2023)


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What is FOM Technologies A/S Debt-to-EBITDA?

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

FOM Technologies A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1.82 Mil. FOM Technologies A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr6.98 Mil. FOM Technologies A/S's annualized EBITDA for the quarter that ended in Dec. 2023 was kr8.09 Mil. FOM Technologies A/S's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.09.

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 FOM Technologies A/S's Debt-to-EBITDA or its related term are showing as below:

OCSE:FOM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.44   Med: 0.19   Max: 2.49
Current: 2.49

During the past 6 years, the highest Debt-to-EBITDA Ratio of FOM Technologies A/S was 2.49. The lowest was -0.44. And the median was 0.19.

OCSE:FOM's Debt-to-EBITDA is ranked worse than
60.74% of 2295 companies
in the Industrial Products industry
Industry Median: 1.72 vs OCSE:FOM: 2.49

FOM Technologies A/S Debt-to-EBITDA Historical Data

The historical data trend for FOM Technologies A/S'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.

FOM Technologies A/S Debt-to-EBITDA Chart

FOM Technologies A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.44 -0.01 0.28 0.10 2.49

FOM Technologies A/S Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.06 - 0.04 -9.26 1.09

Competitive Comparison of FOM Technologies A/S's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, FOM Technologies A/S'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.


FOM Technologies A/S's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies A/S's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where FOM Technologies A/S's Debt-to-EBITDA falls into.



FOM Technologies A/S Debt-to-EBITDA Calculation

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

FOM Technologies A/S'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
=(1.823 + 6.977) / 3.531
=2.49

FOM Technologies A/S'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
=(1.823 + 6.977) / 8.09
=1.09

* 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 two times the quarterly (Dec. 2023) EBITDA data.


FOM Technologies A/S  (OCSE:FOM) 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.


FOM Technologies A/S Debt-to-EBITDA Related Terms

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


FOM Technologies A/S (OCSE:FOM) Business Description

Traded in Other Exchanges
N/A
Address
Artillerivej 86, 1, Copenhagen, DNK, 2300
FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

FOM Technologies A/S (OCSE:FOM) Headlines

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