Mandatum (OHEL:MANTA) Debt-to-EBITDA : N/A (As of Dec. 2022)

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What is Mandatum Debt-to-EBITDA?

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

Mandatum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €0 Mil. Mandatum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €371 Mil. Mandatum's annualized EBITDA for the quarter that ended in Dec. 2022 was €0 Mil.

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

During the past 3 years, the highest Debt-to-EBITDA Ratio of Mandatum was 1.20. The lowest was 0.53. And the median was 0.87.

OHEL:MANTA's Debt-to-EBITDA is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 4.22
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mandatum Debt-to-EBITDA Historical Data

The historical data trend for Mandatum'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.

Mandatum Debt-to-EBITDA Chart

Mandatum Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

N/A

0.53

1.20

Mandatum Quarterly Data
	Dec22	Dec23
Debt-to-EBITDA	N/A	N/A

Competitive Comparison of Mandatum's Debt-to-EBITDA

For the Financial Conglomerates subindustry, Mandatum'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.

Mandatum's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mandatum's Debt-to-EBITDA distribution charts can be found below:

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

Mandatum Debt-to-EBITDA Calculation

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

Mandatum'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
	=	(0	+	272.8)	/	226.8
	=	1.20

Mandatum's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	370.6)	/	0
	=	N/A

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 (Dec. 2022) EBITDA data.

Mandatum (OHEL:MANTA) 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.

Mandatum Debt-to-EBITDA Related Terms

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

Mandatum (OHEL:MANTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mandatum PLC (OHEL:MANTA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

MANDF:USA 0MAN:UK N2S:Germany

Address

Bulevardi 56, Helsinki, FIN, 00120

Website

Mandatum PLC is a financial services provider offering a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, complimentary pension plans and personal risk insurance to corporates, retail customers as well as institutional and wealth management customers. Mandatum serves a network of 20,000 Finnish corporates through its highly skilled sales force and customer relationship personnel, which gives opportunity to cross sell products from its broad offering.

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