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CarmaASX:CMA -0.55%4 Debt-to-EBITDA is -0.64 as of Dec. 2025. GuruFocus rates ASX:CMA with a GF Score™ of 4/100. The stock has 1 warning sign investors should review. Among 1,096 Vehicles & Parts companies, Carma ranks worse than 91240.78% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Carma's Debt-to-EBITDA or its related term are showing as below:
ASX:CMA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.28 Med: -0.5 Max: -0.5
Current: -1.28
During the past 3 years, the highest Debt-to-EBITDA Ratio of Carma was -0.50. The lowest was -1.28. And the median was -0.50.
ASX:CMA's Debt-to-EBITDA is ranked worse than 100% of 1096
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs ASX:CMA: -1.28
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.
Carma Debt-to-EBITDA Related Terms
Carma Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Carma'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.
Carma Debt-to-EBITDA Chart
Carma Annual Data
Trend
Jun23
Jun24
Jun25
Debt-to-EBITDA
0.00
0.00
-0.50
Carma Semi-Annual Data
Jun23
Jun24
Jun25
Dec25
Debt-to-EBITDA
N/A
N/A
N/A
-0.64
ASX:CMA vs CVNA, PAG, ALTB: Debt-to-EBITDA Comparison
For the Auto & Truck Dealerships subindustry, Carma'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.
Carma Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Carma's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Carma's Debt-to-EBITDA falls into.
* 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 two times the quarterly (Dec. 2025) EBITDA data.
Carma (ASX:CMA) has a Debt-to-EBITDA of -0.64 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Carma. According to the industry distribution chart, Carma ranks #999999 out of 1096 companies in the Vehicles & Parts industry.
Is Carma's Debt-to-EBITDA too high?
Carma's current Debt-to-EBITDA is -0.64. Based on the distribution chart, Carma ranks #999999 out of 1096 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Carma has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Carma's Debt-to-EBITDA compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Carma ranks #999999 out of 1096 companies for Debt-to-EBITDA. This places Carma in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Carma. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carma's current Debt-to-EBITDA is -0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carma stock overvalued right now?
Carma (ASX:CMA) has a current Debt-to-EBITDA of -0.64. The current Debt-to-EBITDA is -0.64. Carma's overall GF Score™ is 4/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Carma (ASX:CMA), the current Debt-to-EBITDA is -0.64 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Carma Ltd is an online retailer of quality used cars in Australia. It offers an online platform that makes it easy to view a huge range of quality cars, compare them like-for-like, and pick and reserve a car online. The company offer fair pricing with no haggling, finance arrangements or cash payments, free delivery within Greater Sydney, and a 7-day trial period allowing customers to test the car in everyday life with the option to return it for a full refund if not satisfied.
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