CBRS (Cerebras Systems) Debt-to-EBITDA : 13.83 (As of Mar. 2026)

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CBRS Cerebras Systems Inc CBRS
10 GF Score
Price $199.12
! 3 Warning Signs
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What is Cerebras Systems Debt-to-EBITDA?

Cerebras Systems CBRS -9.46% 10 Debt-to-EBITDA is 13.83 as of Mar. 2026. GuruFocus rates CBRS with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 721 Semiconductors companies, Cerebras Systems ranks worse than 98.2% on this metric.

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

Cerebras Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $687.5 Mil. Cerebras Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $674.1 Mil. Cerebras Systems's annualized EBITDA for the quarter that ended in Mar. 2026 was $98.5 Mil. Cerebras Systems's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 13.83.

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

CBRS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.36   Med: -0.23   Max: 55.32
Current: 55.32

During the past 4 years, the highest Debt-to-EBITDA Ratio of Cerebras Systems was 55.32. The lowest was -2.36. And the median was -0.23.

CBRS's Debt-to-EBITDA is ranked worse than
98.2% of 721 companies
in the Semiconductors industry
Industry Median: 1.44 vs CBRS: 55.32

Cerebras Systems  (NAS:CBRS) 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.


Cerebras Systems Debt-to-EBITDA Related Terms


Cerebras Systems Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cerebras Systems'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.

Cerebras Systems Debt-to-EBITDA Chart

Cerebras Systems Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
-0.01 -0.01 -0.45 -2.36

Cerebras Systems Quarterly Data
Dec22 Dec23 Jun24 Dec24 Mar25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial N/A N/A 0.00 N/A 13.83

CBRS vs GFS, CRDO, ON: Debt-to-EBITDA Comparison

For the Semiconductors subindustry, Cerebras Systems'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.


Cerebras Systems Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Cerebras Systems's Debt-to-EBITDA distribution charts can be found below:

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


CBRS
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Cerebras Systems Inc CBRS
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Cerebras Systems Debt-to-EBITDA Calculation

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

Cerebras Systems's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(45.865 + 215.957) / -110.8
=-2.36

Cerebras Systems's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(687.524 + 674.091) / 98.46
=13.83

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 13.83 mean?
Cerebras Systems (CBRS) has a Debt-to-EBITDA of 13.83 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cerebras Systems. According to the industry distribution chart, Cerebras Systems ranks #708 out of 721 companies in the Semiconductors industry, placing it in the top 98.2%.
Is Cerebras Systems' Debt-to-EBITDA too high?
Cerebras Systems' current Debt-to-EBITDA is 13.83. The Semiconductors industry median Debt-to-EBITDA is 1.44. Cerebras Systems' value of 13.83 is 860.4% above this industry median. Based on the distribution chart, Cerebras Systems ranks #708 out of 721 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Cerebras Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Cerebras Systems' Debt-to-EBITDA compare to GFS and CRDO?
According to the Semiconductors industry distribution chart, Cerebras Systems ranks #708 out of 721 companies for Debt-to-EBITDA. This places Cerebras Systems in the lower half of its industry. The industry median Debt-to-EBITDA is 1.44. Cerebras Systems' value of 13.83 is 860.4% above this benchmark. 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.44, based on 721 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. Cerebras Systems's current Debt-to-EBITDA of 13.83 is 860.4% above the industry median. 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 Cerebras Systems. For the Semiconductors industry, the median Debt-to-EBITDA is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerebras Systems's current Debt-to-EBITDA is 13.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerebras Systems stock overvalued right now?
Cerebras Systems (CBRS) has a current Debt-to-EBITDA of 13.83. The current Debt-to-EBITDA is 13.83 and 860.4% above the Semiconductors industry median of 1.44. Cerebras Systems' overall GF Score™ is 10/100 with 3 warning signs 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 Cerebras Systems (CBRS), the current Debt-to-EBITDA is 13.83 as of Mar. 2026. 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.

Cerebras Systems Business Description

Address 1237 E. Arques Avenue, Sunnyvale, CA, USA, 94085
Cerebras Systems Inc is an AI company. It designs the world's fastest AI infrastructure for training and inference. The company builds the world's largest semiconductor as well as the AI systems to power, cool, and feed the processors data. It develops software to link these systems together into industry-leading supercomputers that are simple to use even for the most complicated AI work, using familiar ML frameworks like PyTorch. Customers use its supercomputers to train industry-leading models. The company uses these supercomputers to run inference at speeds unobtainable from alternative commercial technologies. It delivers these AI capabilities to its customers on-premise and via the cloud. The company generates the majority of its revenue from the USA.
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