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Vow ASA (OSL:VOW) Debt-to-EBITDA : -3.99 (As of Dec. 2023)


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What is Vow ASA Debt-to-EBITDA?

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

Vow ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr308.1 Mil. Vow ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr413.9 Mil. Vow ASA's annualized EBITDA for the quarter that ended in Dec. 2023 was kr-180.8 Mil. Vow ASA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -3.99.

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

OSL:VOW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18   Med: 0.91   Max: 28.5
Current: -11.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vow ASA was 28.50. The lowest was -18.00. And the median was 0.91.

OSL:VOW's Debt-to-EBITDA is ranked worse than
100% of 2293 companies
in the Industrial Products industry
Industry Median: 1.72 vs OSL:VOW: -11.88

Vow ASA Debt-to-EBITDA Historical Data

The historical data trend for Vow 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.

Vow ASA Debt-to-EBITDA Chart

Vow 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 28.50 2.82 0.86 7.10 -11.93

Vow ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 3.41 14.13 10.47 -3.99

Competitive Comparison of Vow ASA's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Vow 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.


Vow ASA's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vow ASA's Debt-to-EBITDA distribution charts can be found below:

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



Vow ASA Debt-to-EBITDA Calculation

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

Vow 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
=(308.1 + 413.9) / -60.5
=-11.93

Vow 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
=(308.1 + 413.9) / -180.8
=-3.99

* 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.


Vow ASA  (OSL:VOW) 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.


Vow ASA Debt-to-EBITDA Related Terms

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


Vow ASA (OSL:VOW) Business Description

Traded in Other Exchanges
Address
Lysaker Torg 12, Lysaker, NOR, 1366
Vow ASA designs, engineers, and provide solutions for waste management and wastewater purification to markets globaly. The company offers solutions such as wastewater purification, food and industrial waste processing, production of renewable materials and products, molecules, and fuels from organic waste and biomass, valorization of non-recyclable plastic and polymers, and sterilization of food and electrified high-temperature processing of minerals. Its solutions convert biomass and waste into valuable resources and generate clean energy for marine applications and land-based industries. The company's operating segment includes Projects; Aftersales and Landbased. It generates maximum revenue from the Projects segment and Geographically from Europe.

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