Isfelag hfs (OISE:ISF) Debt-to-EBITDA : 2.50 (As of Dec. 2023)

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What is Isfelag hfs Debt-to-EBITDA?

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

Isfelag hfs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr2,496 Mil. Isfelag hfs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr17,397 Mil. Isfelag hfs's annualized EBITDA for the quarter that ended in Dec. 2023 was kr7,966 Mil. Isfelag hfs's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.50.

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 Isfelag hfs's Debt-to-EBITDA or its related term are showing as below:

OISE:ISF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.59 Med: 1.81 Max: 3.49
Current: 2.11

During the past 4 years, the highest Debt-to-EBITDA Ratio of Isfelag hfs was 3.49. The lowest was 0.59. And the median was 1.81.

OISE:ISF's Debt-to-EBITDA is ranked better than
50.53% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs OISE:ISF: 2.11

Isfelag hfs Debt-to-EBITDA Historical Data

The historical data trend for Isfelag hfs'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.

Isfelag hfs Debt-to-EBITDA Chart

Isfelag hfs Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

3.49

1.52

0.59

2.11

Isfelag hfs Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23
Debt-to-EBITDA	N/A	N/A	N/A	1.88	2.50

Competitive Comparison of Isfelag hfs's Debt-to-EBITDA

For the Packaged Foods subindustry, Isfelag hfs'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.

Isfelag hfs's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Isfelag hfs's Debt-to-EBITDA distribution charts can be found below:

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

Isfelag hfs Debt-to-EBITDA Calculation

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

Isfelag hfs'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
	=	(2496.231	+	17397.29)	/	9417.695
	=	2.11

Isfelag hfs'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
	=	(2496.231	+	17397.29)	/	7966.06
	=	2.50

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.

Isfelag hfs (OISE:ISF) 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.

Isfelag hfs Debt-to-EBITDA Related Terms

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

Isfelag hfs (OISE:ISF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Isfelag hfs (OISE:ISF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tangagata 1, Vestmannaeyjar, ISL, 900

Website

https://www.isfelag.is

Isfelag is engaged in fishing and the processing of marine products. It is active in Iceland in the field of fishing and processing of pelagic species and production of fishmeal and fish oil and also produces sea-frozen seafood. Its products include COD fish, HADDOCK fish, SAITHE fish, CAPELIN fish, MACKEREL fish, HERRING fish etc.

Isfelag hfs (OISE:ISF) Headlines

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