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Glunz & Jensen Holding A/S (OCSE:GJ) Debt-to-EBITDA : 33.70 (As of Dec. 2023)


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What is Glunz & Jensen Holding A/S Debt-to-EBITDA?

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

Glunz & Jensen Holding A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr20.3 Mil. Glunz & Jensen Holding A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr56.7 Mil. Glunz & Jensen Holding A/S's annualized EBITDA for the quarter that ended in Dec. 2023 was kr2.3 Mil. Glunz & Jensen Holding A/S's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 33.70.

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 Glunz & Jensen Holding A/S's Debt-to-EBITDA or its related term are showing as below:

OCSE:GJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.62   Med: 5.93   Max: 15.61
Current: 7.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Glunz & Jensen Holding A/S was 15.61. The lowest was -25.62. And the median was 5.93.

OCSE:GJ's Debt-to-EBITDA is ranked worse than
87.83% of 2292 companies
in the Industrial Products industry
Industry Median: 1.72 vs OCSE:GJ: 7.90

Glunz & Jensen Holding A/S Debt-to-EBITDA Historical Data

The historical data trend for Glunz & Jensen Holding A/S'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.

Glunz & Jensen Holding A/S Debt-to-EBITDA Chart

Glunz & Jensen Holding A/S Annual Data
Trend May13 May14 May15 May16 May17 Mar19 Mar20 Mar21 Mar22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.61 -25.62 6.41 3.63 7.90

Glunz & Jensen Holding A/S Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23
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 3.93 3.74 5.02 5.04 33.70

Competitive Comparison of Glunz & Jensen Holding A/S's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding A/S'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.


Glunz & Jensen Holding A/S's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding A/S's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Glunz & Jensen Holding A/S's Debt-to-EBITDA falls into.



Glunz & Jensen Holding A/S Debt-to-EBITDA Calculation

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

Glunz & Jensen Holding A/S'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
=(20.264 + 56.705) / 9.742
=7.90

Glunz & Jensen Holding A/S's annualized Debt-to-EBITDA for the quarter 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
=(20.264 + 56.705) / 2.284
=33.70

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Glunz & Jensen Holding A/S  (OCSE:GJ) 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.


Glunz & Jensen Holding A/S Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Glunz & Jensen Holding A/S's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Glunz & Jensen Holding A/S (OCSE:GJ) Business Description

Traded in Other Exchanges
N/A
Address
Selandia Park 1, Ringsted, DNK, DK-4100
Glunz & Jensen Holding A/S is active in the press industry. The company sells and develops hardware, where production is controlled from the company's facilities around Europe, the USA, and China. In addition to press services, the company provides aftermarket services and related products, including assembly tables and display units. The company is headquartered in Ringsted. Product area Flexo and Product area Offset, are both part of the Prepress market. All products and services are connected to setters and printing equipment. Geographically, the majority is from the EMEA (Europe, Middle East, Africa).

Glunz & Jensen Holding A/S (OCSE:GJ) Headlines

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