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Scandinavian Investment Group (OCSE:SIG) Debt-to-EBITDA : 27.26 (As of Dec. 2023)


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What is Scandinavian Investment Group Debt-to-EBITDA?

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

Scandinavian Investment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr12.90 Mil. Scandinavian Investment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr90.70 Mil. Scandinavian Investment Group's annualized EBITDA for the quarter that ended in Dec. 2023 was kr3.80 Mil. Scandinavian Investment Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 27.26.

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 Scandinavian Investment Group's Debt-to-EBITDA or its related term are showing as below:

OCSE:SIG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.09   Med: 3.57   Max: 10.68
Current: 10.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of Scandinavian Investment Group was 10.68. The lowest was -2.09. And the median was 3.57.

OCSE:SIG's Debt-to-EBITDA is ranked worse than
79.74% of 227 companies
in the Forest Products industry
Industry Median: 3.38 vs OCSE:SIG: 10.68

Scandinavian Investment Group Debt-to-EBITDA Historical Data

The historical data trend for Scandinavian Investment Group'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.

Scandinavian Investment Group Debt-to-EBITDA Chart

Scandinavian Investment Group 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 - 3.57 4.06 3.84 10.68

Scandinavian Investment Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 5.27 4.85 3.69 7.28 27.26

Competitive Comparison of Scandinavian Investment Group's Debt-to-EBITDA

For the Lumber & Wood Production subindustry, Scandinavian Investment Group'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.


Scandinavian Investment Group's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Scandinavian Investment Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Scandinavian Investment Group's Debt-to-EBITDA falls into.



Scandinavian Investment Group Debt-to-EBITDA Calculation

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

Scandinavian Investment Group'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
=(12.9 + 90.7) / 9.7
=10.68

Scandinavian Investment Group'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
=(12.9 + 90.7) / 3.8
=27.26

* 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.


Scandinavian Investment Group  (OCSE:SIG) 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.


Scandinavian Investment Group Debt-to-EBITDA Related Terms

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


Scandinavian Investment Group (OCSE:SIG) Business Description

Traded in Other Exchanges
Address
Herlev Hovedgade 195, Herlev, DNK, 2730
Scandinavian Investment Group Ltd formerly, Dalhoff Larsen & Hornemann A/S is a Denmark based company operates in Lumber and Wood division. It primarily acts as the supplier of timber and timber products to the building and construction industry. Business activity of the group is operated through two business areas namely Nordic Region and Western Europe region. The company generally serves industrial and retail customers. Geographically, the business presences of the firm are seen across the regions of Denmark, Sweden, Norway, and France.