EZGO (EZGO Technologies) Debt-to-EBITDA : -1.76 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EZGO EZGO Technologies Ltd EZGO
37 GF Score
Price $1.01
GF Value $737.86
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is EZGO Technologies Debt-to-EBITDA?

EZGO Technologies EZGO -2.88% 37 Debt-to-EBITDA is -1.76 as of Mar. 2026. GuruFocus rates EZGO with a GF Score™ of 37/100 and a GF Value™ of $737.86 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,110 Vehicles & Parts companies, EZGO Technologies ranks worse than 90090% on this metric.

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

EZGO Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.46 Mil. EZGO Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.78 Mil. EZGO Technologies's annualized EBITDA for the quarter that ended in Mar. 2026 was $-6.41 Mil. EZGO Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -1.75.

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 EZGO Technologies's Debt-to-EBITDA or its related term are showing as below:

EZGO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.51   Med: -0.5   Max: 5.49
Current: -1.1

During the past 8 years, the highest Debt-to-EBITDA Ratio of EZGO Technologies was 5.49. The lowest was -2.51. And the median was -0.50.

EZGO's Debt-to-EBITDA is ranked worse than
100% of 1110 companies
in the Vehicles & Parts industry
Industry Median: 2.29 vs EZGO: -1.10

EZGO Technologies  (NAS:EZGO) 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.


EZGO Technologies Debt-to-EBITDA Related Terms


EZGO Technologies Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for EZGO Technologies'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.

EZGO Technologies Debt-to-EBITDA Chart

EZGO Technologies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.09 -0.50 -1.80 -2.51 -1.51

EZGO Technologies Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -1.86 -2.41 -11.23 -0.81 -1.76

EZGO vs MCOM, VMAR, VEEE: Debt-to-EBITDA Comparison

For the Recreational Vehicles subindustry, EZGO Technologies'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.


EZGO Technologies Debt-to-EBITDA vs Vehicles & Parts Industry

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

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


EZGO
37GF Score
EZGO Technologies Ltd EZGO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EZGO Technologies Debt-to-EBITDA Calculation

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

EZGO Technologies'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
=(5.004 + 6.425) / -7.566
=-1.51

EZGO Technologies'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
=(5.457 + 5.784) / -6.406
=-1.75

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.76 mean?
EZGO Technologies (EZGO) has a Debt-to-EBITDA of -1.76 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 EZGO Technologies. According to the industry distribution chart, EZGO Technologies ranks #999999 out of 1110 companies in the Vehicles & Parts industry.
Is EZGO Technologies' Debt-to-EBITDA too high?
EZGO Technologies' current Debt-to-EBITDA is -1.76. Based on the distribution chart, EZGO Technologies ranks #999999 out of 1110 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, EZGO Technologies has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EZGO Technologies' Debt-to-EBITDA compare to MCOM and VMAR?
According to the Vehicles & Parts industry distribution chart, EZGO Technologies ranks #999999 out of 1110 companies for Debt-to-EBITDA. This places EZGO Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 2.29. 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 2.29, based on 1,110 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 EZGO Technologies. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EZGO Technologies's current Debt-to-EBITDA is -1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZGO Technologies stock overvalued right now?
Based on GuruFocus' analysis, EZGO Technologies (EZGO) is currently considered Possible Value Trap. The stock's GF Value™ is $737.86, compared to a current price of $1.01 — trading 99.9% below its estimated fair value. The current Debt-to-EBITDA is -1.76. EZGO Technologies' overall GF Score™ is 37/100 with 5 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 EZGO Technologies (EZGO), the current Debt-to-EBITDA is -1.76 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.

Is EZGO Technologies (EZGO) Overvalued in 2026?

Based on GuruFocus' analysis, EZGO Technologies stock appears to be undervalued. The current stock price of $1.01 is trading 99.9% below its estimated GF Value™ of $737.86. GuruFocus considers EZGO Technologies to be Possible Value Trap.

Key valuation signals for EZGO:

  • Debt-to-EBITDA: -1.76
  • GF Value™: $737.86 vs. price of $1.01 (99.9% below fair value)
  • GF Score™: 37/100 with 5 warning signs

No single metric tells the full story. See the EZGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EZGO Technologies Business Description

Address Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, Intelligent unmanned patrol car, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs, electronic control system and intelligent robot segment. and the E-bicycle sales segment. The company generates maximum revenue from the Battery cells and packs segment.
37GF Score

Get the complete analysis for EZGO

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.01
Price
$737.86
GF Value