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SkiStar AB (OSTO:SKIS B) Debt-to-EBITDA : 0.68 (As of Feb. 2024)


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What is SkiStar AB Debt-to-EBITDA?

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

SkiStar AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was kr646 Mil. SkiStar AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was kr2,642 Mil. SkiStar AB's annualized EBITDA for the quarter that ended in Feb. 2024 was kr4,813 Mil. SkiStar AB's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 0.68.

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 SkiStar AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:SKIS B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.91   Med: 2.96   Max: 4.7
Current: 2.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of SkiStar AB was 4.70. The lowest was 1.91. And the median was 2.96.

OSTO:SKIS B's Debt-to-EBITDA is ranked better than
51.67% of 629 companies
in the Travel & Leisure industry
Industry Median: 2.82 vs OSTO:SKIS B: 2.62

SkiStar AB Debt-to-EBITDA Historical Data

The historical data trend for SkiStar AB'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.

SkiStar AB Debt-to-EBITDA Chart

SkiStar AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 3.43 3.88 2.93 4.00

SkiStar AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.82 1.87 -9.69 -3.21 0.68

Competitive Comparison of SkiStar AB's Debt-to-EBITDA

For the Resorts & Casinos subindustry, SkiStar AB'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.


SkiStar AB's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkiStar AB's Debt-to-EBITDA distribution charts can be found below:

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



SkiStar AB Debt-to-EBITDA Calculation

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

SkiStar AB's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1256.336 + 3045.659) / 1076.313
=4.00

SkiStar AB's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(646.342 + 2642.159) / 4812.576
=0.68

* 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 four times the quarterly (Feb. 2024) EBITDA data.


SkiStar AB  (OSTO:SKIS B) 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.


SkiStar AB Debt-to-EBITDA Related Terms

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


SkiStar AB (OSTO:SKIS B) Business Description

Traded in Other Exchanges
Address
Salfjallsgarden, Salen, SWE, 78067
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB (OSTO:SKIS B) Headlines

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