Opera (OPRA) Debt-to-EBITDA : 0.12 (As of Mar. 2024)

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What is Opera Debt-to-EBITDA?

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

Opera's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.8 Mil. Opera's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.9 Mil. Opera's annualized EBITDA for the quarter that ended in Mar. 2024 was $90.7 Mil. Opera's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.12.

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

OPRA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.58 Med: 0.15 Max: 0.91
Current: 0.06

During the past 8 years, the highest Debt-to-EBITDA Ratio of Opera was 0.91. The lowest was -0.58. And the median was 0.15.

OPRA's Debt-to-EBITDA is ranked better than
89.21% of 278 companies
in the Interactive Media industry
Industry Median: 0.77 vs OPRA: 0.06

Opera Debt-to-EBITDA Historical Data

The historical data trend for Opera'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.

Opera Debt-to-EBITDA Chart

Opera Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.91

0.15

-0.58

0.21

0.06

Opera 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															0.08	0.11	0.10	0.02	0.12

Competitive Comparison of Opera's Debt-to-EBITDA

For the Internet Content & Information subindustry, Opera'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.

Opera's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Opera's Debt-to-EBITDA distribution charts can be found below:

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

Opera Debt-to-EBITDA Calculation

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

Opera'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
	=	(3.77	+	6.776)	/	173.531
	=	0.06

Opera'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
	=	(3.781	+	6.942)	/	90.728
	=	0.12

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.

Opera (NAS:OPRA) 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.

Opera Debt-to-EBITDA Related Terms

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

Opera (OPRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Opera Ltd (NAS:OPRA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

2V8:Germany 2V8:Germany

Address

Vitaminveien 4, Oslo, NOR, 0485

Website

https://www.opera.com

Opera Ltd is a global internet brand with a large, engaged and growing base. It offers users around the globe a range of products and services that include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services. Its features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad blocking and a built-in VPN. Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX and Opera GX Mobile, separate browsers tailored for gamers. The newest addition of browsers is the beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.