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Icelandiclmon AS (OSL:ISLAX) Debt-to-EBITDA : 9.56 (As of Dec. 2023)


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What is Icelandiclmon AS Debt-to-EBITDA?

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

Icelandiclmon AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr28 Mil. Icelandiclmon AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr682 Mil. Icelandiclmon AS's annualized EBITDA for the quarter that ended in Dec. 2023 was kr74 Mil. Icelandiclmon AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.55.

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 Icelandiclmon AS's Debt-to-EBITDA or its related term are showing as below:

OSL:ISLAX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.27   Med: 3.42   Max: 24.04
Current: 2.66

During the past 7 years, the highest Debt-to-EBITDA Ratio of Icelandiclmon AS was 24.04. The lowest was 1.27. And the median was 3.42.

OSL:ISLAX's Debt-to-EBITDA is ranked worse than
56.63% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs OSL:ISLAX: 2.66

Icelandiclmon AS Debt-to-EBITDA Historical Data

The historical data trend for Icelandiclmon AS'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.

Icelandiclmon AS Debt-to-EBITDA Chart

Icelandiclmon AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 4.01 2.84 4.43 1.27 2.70

Icelandiclmon AS 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 6.09 0.79 1.53 1.18 9.56

Competitive Comparison of Icelandiclmon AS's Debt-to-EBITDA

For the Farm Products subindustry, Icelandiclmon AS'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.


Icelandiclmon AS's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Icelandiclmon AS Debt-to-EBITDA Calculation

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

Icelandiclmon AS'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
=(27.541 + 681.88) / 262.872
=2.70

Icelandiclmon AS'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
=(27.541 + 681.88) / 74.248
=9.55

* 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.


Icelandiclmon AS  (OSL:ISLAX) 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.


Icelandiclmon AS Debt-to-EBITDA Related Terms

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


Icelandiclmon AS (OSL:ISLAX) Business Description

Traded in Other Exchanges
Address
Industriveien 51, Kverva, NOR, 7266
Icelandic Salmon AS is an aquaculture company in Iceland. It is engaged in the production, processing, and sale of high-quality Icelandic salmon. Geographically, it derives a majority of revenue from Europe excluding Norway.

Icelandiclmon AS (OSL:ISLAX) Headlines

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