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Arise AB (CHIX:ARISES) Debt-to-EBITDA : 4.05 (As of Mar. 2024)


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What is Arise AB Debt-to-EBITDA?

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

Arise AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr61.0 Mil. Arise AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,218.0 Mil. Arise AB's annualized EBITDA for the quarter that ended in Mar. 2024 was kr316.0 Mil. Arise AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.05.

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

CHIX:ARISEs' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.74   Med: 6.61   Max: 15.02
Current: 3.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Arise AB was 15.02. The lowest was -9.74. And the median was 6.61.

CHIX:ARISEs's Debt-to-EBITDA is ranked better than
53.99% of 326 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.415 vs CHIX:ARISEs: 3.91

Arise AB Debt-to-EBITDA Historical Data

The historical data trend for Arise 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.

Arise AB Debt-to-EBITDA Chart

Arise AB 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 -9.74 15.02 4.17 1.17 3.65

Arise AB Quarterly Data
Jun19 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 3.11 3.88 4.32 2.71 4.05

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

For the Utilities - Renewable subindustry, Arise 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.


Arise AB's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Arise AB's Debt-to-EBITDA distribution charts can be found below:

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



Arise AB Debt-to-EBITDA Calculation

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

Arise 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
=(59 + 1134) / 327
=3.65

Arise 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
=(61 + 1218) / 316
=4.05

* 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 (Mar. 2024) EBITDA data.


Arise AB  (CHIX:ARISEs) 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.


Arise AB Debt-to-EBITDA Related Terms

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


Arise AB (CHIX:ARISES) Business Description

Traded in Other Exchanges
Address
Kristian IV: s vag 3, Box 808, Halmstad, SWE, 302 50
Arise AB is an onshore wind power company. The company operates its business in two segments: Own Wind Power Operations and Development & Management. The Own wind power operations comprise 10 wind farms totaling 139 MW in southern Sweden and is engaged in the production and sale of electricity and electricity certificates. The Development and Management segment includes project development, construction, and sales of projects for renewable electricity production and management.

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