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flyExclusive (flyExclusive) Debt-to-EBITDA : N/A (As of Sep. 2023)


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What is flyExclusive Debt-to-EBITDA?

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

flyExclusive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $115.18 Mil. flyExclusive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $283.29 Mil. flyExclusive's annualized EBITDA for the quarter that ended in Sep. 2023 was $0.00 Mil.

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

FLYX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -462.47   Med: 7.23   Max: 11.03
Current: -462.47

During the past 4 years, the highest Debt-to-EBITDA Ratio of flyExclusive was 11.03. The lowest was -462.47. And the median was 7.23.

FLYX's Debt-to-EBITDA is ranked worse than
100% of 844 companies
in the Transportation industry
Industry Median: 2.81 vs FLYX: -462.47

flyExclusive Debt-to-EBITDA Historical Data

The historical data trend for flyExclusive'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.

* Premium members only.

flyExclusive Debt-to-EBITDA Chart

flyExclusive Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 7.23 11.03 -56.50

flyExclusive Quarterly Data
Dec20 Dec21 Mar22 Dec22 Mar23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - N/A -124.72 N/A N/A

Competitive Comparison of flyExclusive's Debt-to-EBITDA

For the Airlines subindustry, flyExclusive'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.


flyExclusive's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, flyExclusive's Debt-to-EBITDA distribution charts can be found below:

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



flyExclusive Debt-to-EBITDA Calculation

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

flyExclusive'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
=(77.713 + 234.918) / -5.533
=-56.50

flyExclusive's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(115.182 + 283.287) / 0
=N/A

* 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 (Sep. 2023) EBITDA data.


flyExclusive  (AMEX:FLYX) 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.


flyExclusive Debt-to-EBITDA Related Terms

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


flyExclusive (flyExclusive) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2860 Jetport Road, Kinston, NC, USA, 28504
flyExclusive Inc is a premier owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. its mission is to be the world's most vertically integrated private aviation company through capital-efficient program growth, an industry-leading pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company had over 90 aircraft in its owned and leased fleet which includes light, midsize, super-midsize, and large jets. As one of the nation's largest Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.

flyExclusive (flyExclusive) Headlines

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