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Formpipe Software AB (OSTO:FPIP) Debt-to-EBITDA : 0.43 (As of Mar. 2024)


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What is Formpipe Software AB Debt-to-EBITDA?

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

Formpipe Software AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr18.0 Mil. Formpipe Software AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr18.6 Mil. Formpipe Software AB's annualized EBITDA for the quarter that ended in Mar. 2024 was kr85.3 Mil. Formpipe Software AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.43.

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 Formpipe Software AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:FPIP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1   Med: 0.7   Max: 2.7
Current: 0.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of Formpipe Software AB was 2.70. The lowest was 0.10. And the median was 0.70.

OSTO:FPIP's Debt-to-EBITDA is ranked better than
73.73% of 1610 companies
in the Software industry
Industry Median: 1.06 vs OSTO:FPIP: 0.31

Formpipe Software AB Debt-to-EBITDA Historical Data

The historical data trend for Formpipe Software AB'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.

Formpipe Software AB Debt-to-EBITDA Chart

Formpipe Software AB 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 0.33 0.61 0.10 0.63 0.34

Formpipe Software AB 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 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 - 0.35 0.30 0.26 0.43

Competitive Comparison of Formpipe Software AB's Debt-to-EBITDA

For the Software - Application subindustry, Formpipe Software AB'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.


Formpipe Software AB's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Formpipe Software AB's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Formpipe Software AB's Debt-to-EBITDA falls into.



Formpipe Software AB Debt-to-EBITDA Calculation

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

Formpipe Software AB'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
=(17.282 + 20.553) / 112.28
=0.34

Formpipe Software AB'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
=(17.955 + 18.552) / 85.276
=0.43

* 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 (Mar. 2024) EBITDA data.


Formpipe Software AB  (OSTO:FPIP) 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.


Formpipe Software AB Debt-to-EBITDA Related Terms

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


Formpipe Software AB (OSTO:FPIP) Business Description

Traded in Other Exchanges
N/A
Address
Box 231 31, Stockholm, SWE, 104 35
Formpipe Software AB is a Swedish software company within the Content Services market. The business relies on two cornerstones with strong offerings to customers in both the public and private sectors. With the mission to build valuable relationship between data and people, the company is providing Software as a Service (SaaS), specializing in customer communication, cases and documents, and the automation of information-intense business processes. Formpipe has offices in Sweden, Denmark, the UK, the U.S. and Germany.

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