GORV (Lazydays Holdings) Debt-to-EBITDA : -0.88 (As of Sep. 2025)

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.

GORV Lazydays Holdings Inc GORV
35 GF Score
Price $0.42
GF Value $15.30
! 6 Warning Signs
View Full Analysis

What is Lazydays Holdings Debt-to-EBITDA?

Lazydays Holdings GORV -45.31% 35 Debt-to-EBITDA is -0.88 as of Sep. 2025. GuruFocus rates GORV with a GF Score™ of 35/100 and a GF Value™ of $15.30. The stock has 6 warning signs investors should review.

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

Lazydays Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $226.0 Mil. Lazydays Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $32.1 Mil. Lazydays Holdings's annualized EBITDA for the quarter that ended in Sep. 2025 was $-294.7 Mil. Lazydays Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was -0.88.

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

GORV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.79   Med: 2.61   Max: 8.61
Current: -1.82

During the past 9 years, the highest Debt-to-EBITDA Ratio of Lazydays Holdings was 8.61. The lowest was -7.79. And the median was 2.61.

GORV's Debt-to-EBITDA is not ranked
in the Vehicles & Parts industry.
Industry Median: 2.245 vs GORV: -1.82

Lazydays Holdings  (NAS:GORV) 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.


Lazydays Holdings Debt-to-EBITDA Related Terms


Lazydays Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Lazydays 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.

Lazydays Holdings Debt-to-EBITDA Chart

Lazydays Holdings Annual Data
Trend Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 4.87 2.61 4.06 -7.79 -6.22

Lazydays Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -144.41 -1.94 14.26 -7.52 -0.88

GORV vs AZI, CVNA, PAG: Debt-to-EBITDA Comparison

For the Auto & Truck Dealerships subindustry, Lazydays 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.


Lazydays Holdings Debt-to-EBITDA vs Vehicles & Parts Industry

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

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


GORV
35GF Score
Lazydays Holdings Inc GORV
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lazydays Holdings Debt-to-EBITDA Calculation

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

Lazydays Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(323.707 + 170.577) / -79.521
=-6.22

Lazydays Holdings's annualized Debt-to-EBITDA for the quarter 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
=(226.012 + 32.131) / -294.72
=-0.88

* 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. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.88 mean?
Lazydays Holdings (GORV) has a Debt-to-EBITDA of -0.88 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Lazydays Holdings.
Is Lazydays Holdings' Debt-to-EBITDA too high?
Lazydays Holdings' current Debt-to-EBITDA is -0.88. Overall, Lazydays Holdings has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Lazydays Holdings' Debt-to-EBITDA compare to AZI and CVNA?
Lazydays Holdings' Debt-to-EBITDA of -0.88 can be compared against companies in the Vehicles & Parts industry. The industry median Debt-to-EBITDA is 2.25. 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 2.25, based on 1,092 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 Lazydays Holdings. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lazydays Holdings's current Debt-to-EBITDA is -0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazydays Holdings stock overvalued right now?
Lazydays Holdings (GORV) has a current Debt-to-EBITDA of -0.88. The stock's GF Value™ is $15.30, compared to a current price of $0.42 — trading 97.2% below its estimated fair value. The current Debt-to-EBITDA is -0.88. Lazydays Holdings' overall GF Score™ is 35/100 with 6 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 Lazydays Holdings (GORV), the current Debt-to-EBITDA is -0.88 as of Sep. 2025. 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 Lazydays Holdings (GORV) Overvalued in 2026?

Based on GuruFocus' analysis, Lazydays Holdings stock appears to be undervalued. The current stock price of $0.42 is trading 97.2% below its estimated GF Value™ of $15.30.

Key valuation signals for GORV:

  • Debt-to-EBITDA: -0.88
  • GF Value™: $15.30 vs. price of $0.42 (97.2% below fair value)
  • GF Score™: 35/100 with 6 warning signs

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


Lazydays Holdings Business Description

Address 4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610
Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generates revenue by providing a full spectrum of RV products: New and pre-owned RV sales, RV parts and services, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.
35GF Score

Get the complete analysis for GORV

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

$0.42
Price
$15.30
GF Value