Odfjell SE (OSL:ODF) Debt-to-EBITDA : 2.05 (As of Mar. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Odfjell SE Debt-to-EBITDA?

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

Odfjell SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr3,646 Mil. Odfjell SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr7,432 Mil. Odfjell SE's annualized EBITDA for the quarter that ended in Mar. 2024 was kr5,412 Mil. Odfjell SE's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.05.

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

OSL:ODF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -35.51 Med: 4.9 Max: 19.1
Current: 2.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Odfjell SE was 19.10. The lowest was -35.51. And the median was 4.90.

OSL:ODF's Debt-to-EBITDA is ranked better than
60.38% of 838 companies
in the Transportation industry
Industry Median: 2.835 vs OSL:ODF: 2.17

Odfjell SE Debt-to-EBITDA Historical Data

The historical data trend for Odfjell SE'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.

Odfjell SE Debt-to-EBITDA Chart

Odfjell SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

6.74

5.70

5.69

3.04

2.32

Odfjell SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															2.70	2.45	2.30	2.39	2.05

Competitive Comparison of Odfjell SE's Debt-to-EBITDA

For the Marine Shipping subindustry, Odfjell SE'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.

Odfjell SE's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Odfjell SE's Debt-to-EBITDA distribution charts can be found below:

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

Odfjell SE Debt-to-EBITDA Calculation

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

Odfjell SE'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
	=	(2745.661	+	8571.767)	/	4887.548
	=	2.32

Odfjell SE's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3646.318	+	7431.654)	/	5412.172
	=	2.05

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 (Mar. 2024) EBITDA data.

Odfjell SE (OSL:ODF) 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.

Odfjell SE Debt-to-EBITDA Related Terms

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

Odfjell SE (OSL:ODF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Odfjell SE (OSL:ODF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ODFO:Sweden ODFBO:Sweden ODFB:Norway O7F:Germany

Address

Conrad Mohrs veg 29, P.O. Box 6101, Postterminalen, Bergen, NOR, 5892

Website

https://www.odfjell.com

Odfjell SE is a company engaged in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products. It also owns and operates chemical tankers and tank terminals. The Company has two reportable operating segments: The Chemical Tankers involve a round-the-world service, servicing ports in Europe, North, and South America, the Middle East and Asia, Australia, and Africa, and The Tank Terminals segment offers storage of various chemical and petroleum products. It operates through various geographical regions which include North and South America, Norway, Netherlands, Australasia, Africa Middle East, and Asia, and derives a majority of its revenue from the Middle East and Asia.

Odfjell SE (OSL:ODF) Headlines

No Headlines