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Solwers Oyj (OHEL:SOLWERS) Debt-to-EBITDA : 3.13 (As of Dec. 2023)


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What is Solwers Oyj Debt-to-EBITDA?

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

Solwers Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.61 Mil. Solwers Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €20.64 Mil. Solwers Oyj's annualized EBITDA for the quarter that ended in Dec. 2023 was €8.06 Mil. Solwers Oyj's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.13.

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

OHEL:SOLWERS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.85   Med: 3.38   Max: 5.95
Current: 3.14

During the past 6 years, the highest Debt-to-EBITDA Ratio of Solwers Oyj was 5.95. The lowest was 2.85. And the median was 3.38.

OHEL:SOLWERS's Debt-to-EBITDA is ranked worse than
59.5% of 1311 companies
in the Construction industry
Industry Median: 2.3 vs OHEL:SOLWERS: 3.14

Solwers Oyj Debt-to-EBITDA Historical Data

The historical data trend for Solwers Oyj'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.

Solwers Oyj Debt-to-EBITDA Chart

Solwers Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 5.95 3.18 3.56 2.85 3.20

Solwers Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 - 3.00 - 3.13

Competitive Comparison of Solwers Oyj's Debt-to-EBITDA

For the Engineering & Construction subindustry, Solwers Oyj'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.


Solwers Oyj's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Solwers Oyj's Debt-to-EBITDA distribution charts can be found below:

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



Solwers Oyj Debt-to-EBITDA Calculation

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

Solwers Oyj'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
=(4.611 + 20.642) / 7.898
=3.20

Solwers Oyj'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
=(4.611 + 20.642) / 8.058
=3.13

* 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.


Solwers Oyj  (OHEL:SOLWERS) 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.


Solwers Oyj Debt-to-EBITDA Related Terms

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


Solwers Oyj (OHEL:SOLWERS) Business Description

Traded in Other Exchanges
Address
Kappelikuja 6 B, 2nd Floor, Espoo, FIN, 02200
Solwers Oyj is engaged in providing architecture, technical consulting, environmental monitoring, project management, circular economy, and digital solutions. It offers a wide range of design and project management solutions for building individual and sustainable environments in Finland and Sweden. In addition, its two subsidiaries offer financial services.

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