Hesai Group (FRA:ZN80) Debt-to-EBITDA : -1.51 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hesai Group Debt-to-EBITDA?

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

Hesai Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €24.1 Mil. Hesai Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €56.5 Mil. Hesai Group's annualized EBITDA for the quarter that ended in Mar. 2024 was €-53.3 Mil. Hesai Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -1.51.

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

FRA:ZN80' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.45 Med: -0.85 Max: -0.26
Current: -1.37

During the past 5 years, the highest Debt-to-EBITDA Ratio of Hesai Group was -0.26. The lowest was -1.45. And the median was -0.85.

FRA:ZN80's Debt-to-EBITDA is ranked worse than
100% of 1052 companies
in the Vehicles & Parts industry
Industry Median: 2.355 vs FRA:ZN80: -1.37

Hesai Group Debt-to-EBITDA Historical Data

The historical data trend for Hesai Group'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.

Hesai Group Debt-to-EBITDA Chart

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.26

-1.45

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial								-0.51	-1.07	-0.64	-1.00	-1.51

Competitive Comparison of Hesai Group's Debt-to-EBITDA

For the Auto Parts subindustry, Hesai Group'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.

Hesai Group's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's Debt-to-EBITDA distribution charts can be found below:

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

Hesai Group Debt-to-EBITDA Calculation

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

Hesai Group'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
	=	(19.769	+	52.053)	/	-49.564
	=	-1.45

Hesai Group'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
	=	(24.058	+	56.467)	/	-53.34
	=	-1.51

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.

Hesai Group (FRA:ZN80) 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.

Hesai Group Debt-to-EBITDA Related Terms

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

Hesai Group (FRA:ZN80) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hesai Group (FRA:ZN80) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

HSAI:USA ZN80:Germany

Address

1588 Zhuguang Road, 9th Floor, Building L2-B, Qingpu District, Shanghai, CHN, 201702

Website

https://www.hesaitech.com

Hesai Group is engaged in the development, manufacture, and sales of three dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. The Group organized its operations into two segments: the LiDAR segment and the gas detection segment.

Hesai Group (FRA:ZN80) Headlines

No Headlines