Is it safe?
Can VIK take a bad year?
Viking Holdings Ltd carries $2.24B of net debt at 1.25× EBITDA: a load its earnings can carry.
$2.24B
Net debt · as at Q4 2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.25×
Net debt / EBITDA · 2.59× a year ago · the load is coming down
- Interest cover
- 4.14×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 41%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ4 2025
- $6.04B
- Cash and short-term investments
- $3.80B
- Net debt
- $2.24B
- EBITDA, trailing twelve months
- $1.79B
- Operating profit, trailing twelve months
- $1.50B
- Debt / equity
- 5.39×
- Total debt / EBITDA
- 3.38×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −35%
- Below its 52-week high
- −16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Travel Services
Ranks #6 of 11 by Smart Score