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Fiskars Oyj (OHEL:FSKRS) Debt-to-EBITDA : 5.32 (As of Mar. 2024)


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What is Fiskars Oyj Debt-to-EBITDA?

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

Fiskars Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €118 Mil. Fiskars Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €445 Mil. Fiskars Oyj's annualized EBITDA for the quarter that ended in Mar. 2024 was €106 Mil. Fiskars Oyj's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.32.

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 Fiskars Oyj's Debt-to-EBITDA or its related term are showing as below:

OHEL:FSKRS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.2   Med: 1.31   Max: 3.62
Current: 3.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fiskars Oyj was 3.62. The lowest was 0.20. And the median was 1.31.

OHEL:FSKRS's Debt-to-EBITDA is ranked worse than
63.1% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.675 vs OHEL:FSKRS: 3.62

Fiskars Oyj Debt-to-EBITDA Historical Data

The historical data trend for Fiskars Oyj'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.

Fiskars Oyj Debt-to-EBITDA Chart

Fiskars Oyj 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 2.14 1.21 0.82 2.28 3.31

Fiskars Oyj 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 2.53 2.59 4.38 2.31 5.32

Competitive Comparison of Fiskars Oyj's Debt-to-EBITDA

For the Home Improvement Retail subindustry, Fiskars Oyj'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.


Fiskars Oyj's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fiskars Oyj's Debt-to-EBITDA distribution charts can be found below:

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



Fiskars Oyj Debt-to-EBITDA Calculation

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

Fiskars Oyj'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
=(125.7 + 448.1) / 173.2
=3.31

Fiskars Oyj'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
=(118.4 + 445.4) / 106
=5.32

* 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.


Fiskars Oyj  (OHEL:FSKRS) 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.


Fiskars Oyj Debt-to-EBITDA Related Terms

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


Fiskars Oyj (OHEL:FSKRS) Business Description

Traded in Other Exchanges
Address
Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is a Finnish company that supplies consumer products for home, garden, and outdoor use. The company operates in Europe, the Americas, and the Asia-Pacific region. Fiskar's business areas are functional products, which offer household tools; living products, which offer tabletop and interior decoration products; and outdoor products, which offer gear for recreational and professional use. The major brands of the company include Fiskars, Waterford, Wedgwood, Iittala, Gerber, and Royal Copenhagen. The firm derives the majority of its revenue from sales in Europe and the Americas, with overall sales fairly evenly split between the two. Revenue is also fairly evenly split between the functional products and living products segments, stemming mostly from the Fiskars brand.

Fiskars Oyj (OHEL:FSKRS) Headlines

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