Viking Holdings (Viking Holdings) Debt-to-EBITDA : -3.01 (As of Dec. 2023)

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What is Viking Holdings Debt-to-EBITDA?

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

Viking Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $278 Mil. Viking Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,271 Mil. Viking Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1,847 Mil. Viking Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -3.00.

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 Viking Holdings's Debt-to-EBITDA or its related term are showing as below:

VIK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.02 Med: -3.22 Max: 4.79
Current: -12.02

During the past 3 years, the highest Debt-to-EBITDA Ratio of Viking Holdings was 4.79. The lowest was -12.02. And the median was -3.22.

VIK's Debt-to-EBITDA is ranked worse than
100% of 626 companies
in the Travel & Leisure industry
Industry Median: 2.795 vs VIK: -12.02

Viking Holdings Debt-to-EBITDA Historical Data

The historical data trend for Viking Holdings'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.

Viking Holdings Debt-to-EBITDA Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

-3.22

4.79

-4.99

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Sep23	Dec23
Debt-to-EBITDA	N/A	N/A	3.57	N/A	-3.01

Competitive Comparison of Viking Holdings's Debt-to-EBITDA

For the Travel Services subindustry, Viking Holdings'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.

Viking Holdings's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Viking Holdings Debt-to-EBITDA Calculation

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

Viking Holdings'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
	=	(277.69	+	5271.231)	/	-1112.673
	=	-4.99

Viking Holdings's annualized Debt-to-EBITDA for the quarter 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
	=	(277.69	+	5271.231)	/	-1846.744
	=	-3.00

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 (Dec. 2023) EBITDA data.

Viking Holdings (NYSE:VIK) 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.

Viking Holdings Debt-to-EBITDA Related Terms

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

Viking Holdings (Viking Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings (Viking Holdings) Headlines

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