Norwegian Block Exchange AS (OSL:NBX) Debt-to-EBITDA : -1.85 (As of Dec. 2023)

Norwegian Block Exchange AS Debt-to-EBITDA Chart

Norwegian Block Exchange AS Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial				-1,278.50	-0.04	-0.44	-1.30	-1.85

Competitive Comparison of Norwegian Block Exchange AS's Debt-to-EBITDA

For the Capital Markets subindustry, Norwegian Block Exchange AS'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.

Norwegian Block Exchange AS's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Norwegian Block Exchange AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Norwegian Block Exchange AS's Debt-to-EBITDA falls into.

Norwegian Block Exchange AS Debt-to-EBITDA Calculation

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

Norwegian Block Exchange AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Norwegian Block Exchange AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.

Norwegian Block Exchange AS  (OSL:NBX) 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.

Norwegian Block Exchange AS Debt-to-EBITDA Related Terms

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Norwegian Block Exchange AS (OSL:NBX) Business Description