GURUFOCUS.COM » STOCK LIST » Technology » Software » SSH Communications Security Oyj (OHEL:SSH1V) » Definitions » Debt-to-EBITDA

SSH Communications Security Oyj (OHEL:SSH1V) Debt-to-EBITDA : -0.58 (As of Jun. 2023)


View and export this data going back to 2000. Start your Free Trial

What is SSH Communications Security Oyj Debt-to-EBITDA?

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

SSH Communications Security Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €1.10 Mil. SSH Communications Security Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.30 Mil. SSH Communications Security Oyj's annualized EBITDA for the quarter that ended in Jun. 2023 was €-2.40 Mil. SSH Communications Security Oyj's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.58.

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

OHEL:SSH1V' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.17   Med: -0.99   Max: 0.25
Current: -12.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of SSH Communications Security Oyj was 0.25. The lowest was -12.17. And the median was -0.99.

OHEL:SSH1V's Debt-to-EBITDA is ranked worse than
100% of 1616 companies
in the Software industry
Industry Median: 1.005 vs OHEL:SSH1V: -12.17

SSH Communications Security Oyj Debt-to-EBITDA Historical Data

The historical data trend for SSH Communications Security 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.

SSH Communications Security Oyj Debt-to-EBITDA Chart

SSH Communications Security Oyj 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 -0.69 -0.44 -2.02 -5.09 -1.29

SSH Communications Security Oyj Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 1.42 - 1.64 -0.58 N/A

Competitive Comparison of SSH Communications Security Oyj's Debt-to-EBITDA

For the Software - Infrastructure subindustry, SSH Communications Security 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.


SSH Communications Security Oyj's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, SSH Communications Security Oyj's Debt-to-EBITDA distribution charts can be found below:

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



SSH Communications Security Oyj Debt-to-EBITDA Calculation

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

SSH Communications Security 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
=(0.968 + 1.465) / -1.886
=-1.29

SSH Communications Security Oyj's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.1 + 0.3) / -2.4
=-0.58

* 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 four times the quarterly (Jun. 2023) EBITDA data.


SSH Communications Security Oyj  (OHEL:SSH1V) 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.


SSH Communications Security Oyj Debt-to-EBITDA Related Terms

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


SSH Communications Security Oyj (OHEL:SSH1V) Business Description

Traded in Other Exchanges
Address
Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company provides software, professional services, and recurring services. Its recurring service generates maximum revenue for the company. The company products consist of the crypto auditor, tectia ssh, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and others. Its EMEA region generates maximum revenue for the company.

SSH Communications Security Oyj (OHEL:SSH1V) Headlines

No Headlines