DWAY (DriveItAway Holdings) Debt-to-EBITDA : -0.64 (As of Mar. 2026)

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What is DriveItAway Holdings Debt-to-EBITDA?

DriveItAway Holdings DWAY Debt-to-EBITDA is -0.64 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 835 Business Services companies, DriveItAway Holdings ranks worse than 119760.36% on this metric.

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

DriveItAway Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.71 Mil. DriveItAway Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.11 Mil. DriveItAway Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was $-4.38 Mil. DriveItAway Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.64.

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

DWAY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.5   Med: -1.46   Max: -0.53
Current: -0.61

During the past 5 years, the highest Debt-to-EBITDA Ratio of DriveItAway Holdings was -0.53. The lowest was -2.50. And the median was -1.46.

DWAY's Debt-to-EBITDA is ranked worse than
100% of 835 companies
in the Business Services industry
Industry Median: 1.64 vs DWAY: -0.61

DriveItAway Holdings  (OTCPK:DWAY) 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.


DriveItAway Holdings Debt-to-EBITDA Related Terms


DriveItAway Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for DriveItAway Holdings'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.

DriveItAway Holdings Debt-to-EBITDA Chart

DriveItAway Holdings Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
-0.53 -1.46 -2.50 -2.47 -0.77

DriveItAway Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.12 -0.20 -1.26 0.88 -0.64

DWAY vs ZCAR, BDST, AITX: Debt-to-EBITDA Comparison

For the Rental & Leasing Services subindustry, DriveItAway Holdings'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.


DriveItAway Holdings Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, DriveItAway Holdings's Debt-to-EBITDA distribution charts can be found below:

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



DriveItAway Holdings Debt-to-EBITDA Calculation

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

DriveItAway Holdings's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.869 + 0.112) / -3.879
=-0.77

DriveItAway Holdings'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
=(2.709 + 0.111) / -4.376
=-0.64

* 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 -0.64 mean?
DriveItAway Holdings (DWAY) has a Debt-to-EBITDA of -0.64 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 DriveItAway Holdings. According to the industry distribution chart, DriveItAway Holdings ranks #999999 out of 835 companies in the Business Services industry.
Is DriveItAway Holdings' Debt-to-EBITDA too high?
DriveItAway Holdings' current Debt-to-EBITDA is -0.64. Based on the distribution chart, DriveItAway Holdings ranks #999999 out of 835 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does DriveItAway Holdings' Debt-to-EBITDA compare to ZCAR and BDST?
According to the Business Services industry distribution chart, DriveItAway Holdings ranks #999999 out of 835 companies for Debt-to-EBITDA. This places DriveItAway Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.64, based on 835 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 DriveItAway Holdings. For the Business Services industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DriveItAway Holdings'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 DriveItAway Holdings stock overvalued right now?
Based on GuruFocus' analysis, DriveItAway Holdings (DWAY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.07, compared to a current price of $0.04 — trading 46.6% below its estimated fair value. The current Debt-to-EBITDA is -0.64. 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 DriveItAway Holdings (DWAY), the current Debt-to-EBITDA is -0.64 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.

DriveItAway Holdings Business Description

Address 3201 Market Street, Suite 200/201, Philadelphia, PA, USA, 10104
DriveItAway Holdings Inc provides dealer focused mobility platform that enables car dealers to sell more vehicles seamlessly through eCommerce, with its 'Pay as You Go' app-based subscription program. DIA provides a comprehensive turnkey, solutions-driven program with proprietary mobile technology and driver app, insurance coverages, and training to get dealerships up and running quickly and profitably in emerging online sales opportunities.