ECDA (ECD Automotive Design) Debt-to-EBITDA : 10.75 (As of Jun. 2024)

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What is ECD Automotive Design Debt-to-EBITDA?

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

ECD Automotive Design's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.33 Mil. ECD Automotive Design's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $15.11 Mil. ECD Automotive Design's annualized EBITDA for the quarter that ended in Jun. 2024 was $1.44 Mil. ECD Automotive Design's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 10.75.

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 ECD Automotive Design's Debt-to-EBITDA or its related term are showing as below:

ECDA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.61 Med: -2.08 Max: 12.91
Current: 12.91

During the past 3 years, the highest Debt-to-EBITDA Ratio of ECD Automotive Design was 12.91. The lowest was -16.61. And the median was -2.08.

ECDA's Debt-to-EBITDA is ranked worse than
93.67% of 1058 companies
in the Vehicles & Parts industry
Industry Median: 2.395 vs ECDA: 12.91

ECD Automotive Design Debt-to-EBITDA Historical Data

The historical data trend for ECD Automotive Design'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.

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ECD Automotive Design Debt-to-EBITDA Chart

ECD Automotive Design Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.94

-2.08

-16.61

ECD Automotive Design Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial					19.48	2.42	N/A	3,771.00	10.75

Competitive Comparison of ECD Automotive Design's Debt-to-EBITDA

For the Auto Manufacturers subindustry, ECD Automotive Design'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.

ECD Automotive Design's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where ECD Automotive Design's Debt-to-EBITDA falls into.

ECD Automotive Design Debt-to-EBITDA Calculation

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

ECD Automotive Design'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
	=	(0.315	+	14.382)	/	-0.885
	=	-16.61

ECD Automotive Design's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.334	+	15.106)	/	1.436
	=	10.75

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 (Jun. 2024) EBITDA data.

ECD Automotive Design (NAS:ECDA) 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.

ECD Automotive Design Debt-to-EBITDA Related Terms

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

ECD Automotive Design Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ECD Automotive Design Inc (NAS:ECDA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

4930 Industrial Lane, Unit 107, Kissimmee, FL, USA, 34758

Website

https://www.ecdautodesign.com

ECD Automotive Design Inc is a custom-car builder in the Restomod sector with a focus on British classic motor vehicles of various models of both two-door and four-door styles. The company has established a facility geared towards producing the most customized Land Rovers with the highest quality of parts and the highest quality labor force building each vehicle. ECD restores Land Rovers Defenders, Land Rover Series IIA, the Range Rover Classic and the Jaguar E-Type. It upgrade any engine, including Chevrolet V8's, Land Rover V8's, Cummins diesel engines and new electric drivetrains, performing all the necessary body work, drivetrain selection and installation, every stitch in the interior, paint work, up to placement of the last nut and bolt.