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Nilsson Special Vehicles AB (OSTO:NILS) Debt-to-EBITDA : 0.47 (As of Mar. 2024)


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What is Nilsson Special Vehicles AB Debt-to-EBITDA?

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

Nilsson Special Vehicles AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2.6 Mil. Nilsson Special Vehicles AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.0 Mil. Nilsson Special Vehicles AB's annualized EBITDA for the quarter that ended in Mar. 2024 was kr5.5 Mil. Nilsson Special Vehicles AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.47.

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 Nilsson Special Vehicles AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:NILS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -41.88   Med: -0.32   Max: 10.25
Current: 0.45

During the past 10 years, the highest Debt-to-EBITDA Ratio of Nilsson Special Vehicles AB was 10.25. The lowest was -41.88. And the median was -0.32.

OSTO:NILS's Debt-to-EBITDA is ranked better than
84.93% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs OSTO:NILS: 0.45

Nilsson Special Vehicles AB Debt-to-EBITDA Historical Data

The historical data trend for Nilsson Special Vehicles 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.

Nilsson Special Vehicles AB Debt-to-EBITDA Chart

Nilsson Special Vehicles AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.00 -2.31 -0.95 -41.88 10.25

Nilsson Special Vehicles AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.72 1.42 0.33 2.42 0.47

Competitive Comparison of Nilsson Special Vehicles AB's Debt-to-EBITDA

For the Auto Manufacturers subindustry, Nilsson Special Vehicles 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.


Nilsson Special Vehicles AB's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nilsson Special Vehicles AB's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nilsson Special Vehicles AB's Debt-to-EBITDA falls into.



Nilsson Special Vehicles AB Debt-to-EBITDA Calculation

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

Nilsson Special Vehicles AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.413 + 0) / 0.528
=10.25

Nilsson Special Vehicles 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
=(2.565 + 0) / 5.484
=0.47

* 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.


Nilsson Special Vehicles AB  (OSTO:NILS) 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.


Nilsson Special Vehicles AB Debt-to-EBITDA Related Terms

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


Nilsson Special Vehicles AB (OSTO:NILS) Business Description

Traded in Other Exchanges
N/A
Address
Tegelbruksvagen 17, Laholm, SWE, 312 32
Nilsson Special Vehicles AB is a Sweden based speciality car company. It produces and sells ambulances, funeral cars, and limousines. The company's customers are mainly in Europe, where the largest markets are Scandinavia and England.

Nilsson Special Vehicles AB (OSTO:NILS) Headlines

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