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Vilniaus Baldai AB (OVSE:VBL1L) Debt-to-EBITDA : 2.14 (As of Feb. 2024)


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What is Vilniaus Baldai AB Debt-to-EBITDA?

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

Vilniaus Baldai AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €3.9 Mil. Vilniaus Baldai AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €34.0 Mil. Vilniaus Baldai AB's annualized EBITDA for the quarter that ended in Feb. 2024 was €17.6 Mil. Vilniaus Baldai AB's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 2.14.

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

OVSE:VBL1L' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.28   Med: 2.81   Max: 7.7
Current: 2.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vilniaus Baldai AB was 7.70. The lowest was 0.28. And the median was 2.81.

OVSE:VBL1L's Debt-to-EBITDA is ranked worse than
54.49% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.86 vs OVSE:VBL1L: 2.11

Vilniaus Baldai AB Debt-to-EBITDA Historical Data

The historical data trend for Vilniaus Baldai 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.

Vilniaus Baldai AB Debt-to-EBITDA Chart

Vilniaus Baldai AB Annual Data
Trend Dec13 Dec14 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 5.63 7.70 4.87 4.66

Vilniaus Baldai AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 30.65 2.86 2.57 1.64 2.14

Competitive Comparison of Vilniaus Baldai AB's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Vilniaus Baldai 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.


Vilniaus Baldai AB's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vilniaus Baldai AB's Debt-to-EBITDA distribution charts can be found below:

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



Vilniaus Baldai AB Debt-to-EBITDA Calculation

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

Vilniaus Baldai AB's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.678 + 34.076) / 8.742
=4.66

Vilniaus Baldai AB's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.868 + 33.963) / 17.648
=2.14

* 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 (Feb. 2024) EBITDA data.


Vilniaus Baldai AB  (OVSE:VBL1L) 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.


Vilniaus Baldai AB Debt-to-EBITDA Related Terms

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


Vilniaus Baldai AB (OVSE:VBL1L) Business Description

Traded in Other Exchanges
N/A
Address
Pramones street 23, Guopstu k., Traku r., Vilnius, LTU, 21148
Vilniaus Baldai AB is a Lithuania-based manufacturer of lightweight construction cabinet furniture. It operates in one segment that is furniture which includes sales of raw materials and finished production. It derives the majority of its revenue from the sale of furniture in the European Union countries followed by non-European Union countries and Lithuania.

Vilniaus Baldai AB (OVSE:VBL1L) Headlines

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