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BBS-Bioactive Bone Substitutes (OHEL:BONEH) Debt-to-EBITDA : -1.41 (As of Dec. 2023)


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What is BBS-Bioactive Bone Substitutes Debt-to-EBITDA?

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

BBS-Bioactive Bone Substitutes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.80 Mil. BBS-Bioactive Bone Substitutes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.95 Mil. BBS-Bioactive Bone Substitutes's annualized EBITDA for the quarter that ended in Dec. 2023 was €-3.37 Mil. BBS-Bioactive Bone Substitutes's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.41.

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 BBS-Bioactive Bone Substitutes's Debt-to-EBITDA or its related term are showing as below:

OHEL:BONEH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.88   Med: -2.47   Max: 8.96
Current: -1.51

During the past 9 years, the highest Debt-to-EBITDA Ratio of BBS-Bioactive Bone Substitutes was 8.96. The lowest was -19.88. And the median was -2.47.

OHEL:BONEH's Debt-to-EBITDA is ranked worse than
100% of 437 companies
in the Medical Devices & Instruments industry
Industry Median: 1.26 vs OHEL:BONEH: -1.51

BBS-Bioactive Bone Substitutes Debt-to-EBITDA Historical Data

The historical data trend for BBS-Bioactive Bone Substitutes'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.

BBS-Bioactive Bone Substitutes Debt-to-EBITDA Chart

BBS-Bioactive Bone Substitutes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -4.83 -2.47 -2.65 -2.08 -1.51

BBS-Bioactive Bone Substitutes Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.62 -2.34 -2.09 -2.17 -1.41

Competitive Comparison of BBS-Bioactive Bone Substitutes's Debt-to-EBITDA

For the Medical Devices subindustry, BBS-Bioactive Bone Substitutes'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.


BBS-Bioactive Bone Substitutes's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BBS-Bioactive Bone Substitutes's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where BBS-Bioactive Bone Substitutes's Debt-to-EBITDA falls into.



BBS-Bioactive Bone Substitutes Debt-to-EBITDA Calculation

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

BBS-Bioactive Bone Substitutes'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
=(0.802 + 3.951) / -3.15
=-1.51

BBS-Bioactive Bone Substitutes'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
=(0.802 + 3.951) / -3.368
=-1.41

* 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.


BBS-Bioactive Bone Substitutes  (OHEL:BONEH) 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.


BBS-Bioactive Bone Substitutes Debt-to-EBITDA Related Terms

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


BBS-Bioactive Bone Substitutes (OHEL:BONEH) Business Description

Traded in Other Exchanges
N/A
Address
Kiviharjunlenkki 6, Oulu, FIN, 90220
BBS-Bioactive Bone Substitutes PLC is a health technology company, that develops, designs, and manufactures bioactive bone-graft substitute implants. Its ortho-biological product ARTEBONE, which is based on tricalcium phosphate and a natural spectrum of bone proteins has the capability of bone regeneration.

BBS-Bioactive Bone Substitutes (OHEL:BONEH) Headlines

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