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Viafin Service Oyj (OHEL:VIAFIN) Debt-to-EBITDA : 0.03 (As of Dec. 2023)


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What is Viafin Service Oyj Debt-to-EBITDA?

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

Viafin Service Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.19 Mil. Viafin Service Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.01 Mil. Viafin Service Oyj's annualized EBITDA for the quarter that ended in Dec. 2023 was €7.86 Mil. Viafin Service Oyj's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.02.

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

OHEL:VIAFIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.12   Max: 0.19
Current: 0.03

During the past 6 years, the highest Debt-to-EBITDA Ratio of Viafin Service Oyj was 0.19. The lowest was 0.03. And the median was 0.12.

OHEL:VIAFIN's Debt-to-EBITDA is ranked better than
96.17% of 2295 companies
in the Industrial Products industry
Industry Median: 1.74 vs OHEL:VIAFIN: 0.03

Viafin Service Oyj Debt-to-EBITDA Historical Data

The historical data trend for Viafin Service 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.

Viafin Service Oyj Debt-to-EBITDA Chart

Viafin Service Oyj Annual Data
Trend Jul17 Jul18 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - 0.19 0.14 0.09 0.03

Viafin Service Oyj Semi-Annual Data
Jul17 Jul18 Jan19 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 0.10 0.16 0.07 0.10 0.03

Competitive Comparison of Viafin Service Oyj's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Viafin Service 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.


Viafin Service Oyj's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Viafin Service Oyj's Debt-to-EBITDA distribution charts can be found below:

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



Viafin Service Oyj Debt-to-EBITDA Calculation

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

Viafin Service 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
=(0.189 + 0.006) / 5.814
=0.03

Viafin Service 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
=(0.189 + 0.006) / 7.864
=0.02

* 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.


Viafin Service Oyj  (OHEL:VIAFIN) 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.


Viafin Service Oyj Debt-to-EBITDA Related Terms

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


Viafin Service Oyj (OHEL:VIAFIN) Business Description

Traded in Other Exchanges
N/A
Address
Kullervonkatu 15, Tampere, FIN, 33500
Viafin Service Oyj is specialized in industrial maintenance services, installation, and maintenance of industrial piping, equipment, and gas-based systems. It offers wide range of services includes maintenance and system supply of LNG and biogas systems, gas grids, and gas filling stations. The company's business is mainly in Finland and its clientele consists of several major companies in the pulp, energy, chemical, and metal industry.

Viafin Service Oyj (OHEL:VIAFIN) Headlines

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