GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tingsvalvet Fastighets AB (XSAT:TINGS A) » Definitions » Debt-to-EBITDA

Tingsvalvet Fastighets AB (XSAT:TINGS A) Debt-to-EBITDA : 10.47 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Tingsvalvet Fastighets AB Debt-to-EBITDA?

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

Tingsvalvet Fastighets AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr570.6 Mil. Tingsvalvet Fastighets AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr471.6 Mil. Tingsvalvet Fastighets AB's annualized EBITDA for the quarter that ended in Mar. 2024 was kr99.6 Mil. Tingsvalvet Fastighets AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 10.47.

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

XSAT:TINGS A' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -97.16   Med: 34.5   Max: 503.4
Current: 17.9

During the past 5 years, the highest Debt-to-EBITDA Ratio of Tingsvalvet Fastighets AB was 503.40. The lowest was -97.16. And the median was 34.50.

XSAT:TINGS A's Debt-to-EBITDA is ranked worse than
83.66% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs XSAT:TINGS A: 17.90

Tingsvalvet Fastighets AB Debt-to-EBITDA Historical Data

The historical data trend for Tingsvalvet Fastighets 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.

Tingsvalvet Fastighets AB Debt-to-EBITDA Chart

Tingsvalvet Fastighets AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -97.16 50.06 503.40 18.93

Tingsvalvet Fastighets AB Quarterly Data
May19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.16 10.60 9.87 -20.99 10.47

Competitive Comparison of Tingsvalvet Fastighets AB's Debt-to-EBITDA

For the Real Estate - Development subindustry, Tingsvalvet Fastighets 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.


Tingsvalvet Fastighets AB's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tingsvalvet Fastighets AB's Debt-to-EBITDA distribution charts can be found below:

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



Tingsvalvet Fastighets AB Debt-to-EBITDA Calculation

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

Tingsvalvet Fastighets AB'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
=(466.727 + 577.799) / 55.19
=18.93

Tingsvalvet Fastighets AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(570.567 + 471.601) / 99.576
=10.47

* 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 (Mar. 2024) EBITDA data.


Tingsvalvet Fastighets AB  (XSAT:TINGS A) 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.


Tingsvalvet Fastighets AB Debt-to-EBITDA Related Terms

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


Tingsvalvet Fastighets AB (XSAT:TINGS A) Business Description

Traded in Other Exchanges
Address
c/o Arctic Securities AS, filial Sverige, Biblioteksgatan 8, 3tr., Stockholm, SWE, 111 46
Tingsvalvet Fastighets AB is a Swedish real estate company that owns, manages and leases office, retail and restaurant premises in central Karlstad.

Tingsvalvet Fastighets AB (XSAT:TINGS A) Headlines

No Headlines