Expro Group Holdings NV (FRA:FK2) Debt-to-EBITDA : 0.56 (As of Mar. 2024)

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What is Expro Group Holdings NV Debt-to-EBITDA?

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

Expro Group Holdings NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €17 Mil. Expro Group Holdings NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €98 Mil. Expro Group Holdings NV's annualized EBITDA for the quarter that ended in Mar. 2024 was €205 Mil. Expro Group Holdings NV's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.56.

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 Expro Group Holdings NV's Debt-to-EBITDA or its related term are showing as below:

FRA:FK2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.56 Med: 0.83 Max: 6.47
Current: 0.58

During the past 5 years, the highest Debt-to-EBITDA Ratio of Expro Group Holdings NV was 6.47. The lowest was 0.56. And the median was 0.83.

FRA:FK2's Debt-to-EBITDA is ranked better than
78.91% of 716 companies
in the Oil & Gas industry
Industry Median: 1.76 vs FRA:FK2: 0.58

Expro Group Holdings NV Debt-to-EBITDA Historical Data

The historical data trend for Expro Group Holdings NV'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.

Expro Group Holdings NV Debt-to-EBITDA Chart

Expro Group Holdings NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.08

6.47

0.59

0.56

Expro Group Holdings NV Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial										0.63	0.36	0.87	0.46	0.56

Competitive Comparison of Expro Group Holdings NV's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Expro Group Holdings NV'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.

Expro Group Holdings NV's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Expro Group Holdings NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Expro Group Holdings NV's Debt-to-EBITDA falls into.

Expro Group Holdings NV Debt-to-EBITDA Calculation

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

Expro Group Holdings NV'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
	=	(17.88	+	83.801)	/	180.787
	=	0.56

Expro Group Holdings NV'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
	=	(17.385	+	97.587)	/	205.304
	=	0.56

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.

Expro Group Holdings NV (FRA:FK2) 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.

Expro Group Holdings NV Debt-to-EBITDA Related Terms

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

Expro Group Holdings NV (FRA:FK2) Business Description

Industry

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Traded in Other Exchanges

XPRO:USA

Address

1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084

Website

https://www.expro.com

Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

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