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RanMarine Technology BV (RanMarine Technology BV) Debt-to-EBITDA : N/A (As of Jun. 2023)


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What is RanMarine Technology BV Debt-to-EBITDA?

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

RanMarine Technology BV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3.41 Mil. RanMarine Technology BV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.11 Mil. RanMarine Technology BV's annualized EBITDA for the quarter that ended in Jun. 2023 was $0.00 Mil.

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 RanMarine Technology BV's Debt-to-EBITDA or its related term are showing as below:

RAN's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.705
* Ranked among companies with meaningful Debt-to-EBITDA only.

RanMarine Technology BV Debt-to-EBITDA Historical Data

The historical data trend for RanMarine Technology BV'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.

RanMarine Technology BV Debt-to-EBITDA Chart

RanMarine Technology BV Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A -0.80 5.25 -6.24

RanMarine Technology BV Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Competitive Comparison of RanMarine Technology BV's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, RanMarine Technology BV'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.


RanMarine Technology BV's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RanMarine Technology BV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where RanMarine Technology BV's Debt-to-EBITDA falls into.



RanMarine Technology BV Debt-to-EBITDA Calculation

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

RanMarine Technology BV'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
=(1.436 + 0.142) / -0.253
=-6.24

RanMarine Technology BV's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.41 + 0.109) / 0
=N/A

* 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 (Jun. 2023) EBITDA data.


RanMarine Technology BV  (NAS:RAN) 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.


RanMarine Technology BV Debt-to-EBITDA Related Terms

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RanMarine Technology BV (RanMarine Technology BV) Business Description

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RanMarine Technology BV is a pioneering company specializing in the design and development of advanced technologies, including autonomous surface vessels (ASVs) for the efficient cleanup of pollution, bio-waste, and debris in various aquatic environments and waterways.

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