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Swedish Stirling AB (OSTO:STRLNG) Debt-to-EBITDA : -0.05 (As of Dec. 2022)


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What is Swedish Stirling AB Debt-to-EBITDA?

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

Swedish Stirling AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was kr1.94 Mil. Swedish Stirling AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was kr57.75 Mil. Swedish Stirling AB's annualized EBITDA for the quarter that ended in Dec. 2022 was kr-1,194.85 Mil. Swedish Stirling AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was -0.05.

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

OSTO:STRLNG's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.72
* Ranked among companies with meaningful Debt-to-EBITDA only.

Swedish Stirling AB Debt-to-EBITDA Historical Data

The historical data trend for Swedish Stirling 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.

Swedish Stirling AB Debt-to-EBITDA Chart

Swedish Stirling AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.42 -1.21 -9.89 -2.89 -0.11

Swedish Stirling AB Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -2.52 -1.74 -0.79 -0.10 -0.05

Competitive Comparison of Swedish Stirling AB's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Swedish Stirling 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.


Swedish Stirling AB's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Swedish Stirling AB Debt-to-EBITDA Calculation

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

Swedish Stirling AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.936 + 57.749) / -562.682
=-0.11

Swedish Stirling AB's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.936 + 57.749) / -1194.852
=-0.05

* 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 (Dec. 2022) EBITDA data.


Swedish Stirling AB  (OSTO:STRLNG) 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.


Swedish Stirling AB Debt-to-EBITDA Related Terms

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


Swedish Stirling AB (OSTO:STRLNG) Business Description

Traded in Other Exchanges
N/A
Address
Gruvgatan 35 B, Vastra Frolunda, Gothenburg, SWE, 421 30
Swedish Stirling AB has developed a hybridized Stirling engine based on a license from Kockums AB. The Stirling engine forms the basis of the company's products Ripasso Stirling Hybrid and PWR BLOK. The Ripasso Stirling Hybrid is a solar hybrid where energy from the sun is supplemented with some other fuel during the dark hours of the day. PWR BLOK is the product from Ripasso Energy towards the market for residual gas.

Swedish Stirling AB (OSTO:STRLNG) Headlines

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