GRAIL (GRAL) Debt-to-EBITDA : -0.13 (As of Mar. 2026)

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GRAL GRAIL Inc GRAL
12 GF Score
Price $72.62
! 2 Warning Signs
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What is GRAIL Debt-to-EBITDA?

GRAIL GRAL +0.92% 12 Debt-to-EBITDA is -0.13 as of Mar. 2026. GuruFocus rates GRAL with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 112 Medical Diagnostics & Research companies, GRAIL ranks worse than 892856.25% on this metric.

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

GRAIL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $9.9 Mil. GRAIL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $41.1 Mil. GRAIL's annualized EBITDA for the quarter that ended in Mar. 2026 was $-387.9 Mil. GRAIL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.13.

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

GRAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.17   Med: -0.14   Max: 0
Current: -0.14

GRAL's Debt-to-EBITDA is ranked worse than
100% of 112 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.29 vs GRAL: -0.14

GRAIL  (NAS:GRAL) 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.


GRAIL Debt-to-EBITDA Related Terms


GRAIL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for GRAIL'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.

GRAIL Debt-to-EBITDA Chart

GRAIL Annual Data
Trend Dec18 Dec19 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.17 -0.16 -0.13 -0.11 -0.15

GRAIL Quarterly Data
Dec18 Dec19 Jun20 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 -0.14 -0.17 -0.17 -0.16 -0.13

GRAL vs ADPT, WGS, NEO: Debt-to-EBITDA Comparison

For the Diagnostics & Research subindustry, GRAIL'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.


GRAIL Debt-to-EBITDA vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, GRAIL's Debt-to-EBITDA distribution charts can be found below:

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


GRAL
12GF Score
GRAIL Inc GRAL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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GRAIL Debt-to-EBITDA Calculation

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

GRAIL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(11.715 + 43.148) / -377.819
=-0.15

GRAIL'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
=(9.939 + 41.091) / -387.884
=-0.13

* 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 -0.13 mean?
GRAIL (GRAL) has a Debt-to-EBITDA of -0.13 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 GRAIL. According to the industry distribution chart, GRAIL ranks #999999 out of 112 companies in the Medical Diagnostics & Research industry.
Is GRAIL's Debt-to-EBITDA too high?
GRAIL's current Debt-to-EBITDA is -0.13. Based on the distribution chart, GRAIL ranks #999999 out of 112 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, GRAIL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does GRAIL's Debt-to-EBITDA compare to ADPT and WGS?
According to the Medical Diagnostics & Research industry distribution chart, GRAIL ranks #999999 out of 112 companies for Debt-to-EBITDA. This places GRAIL 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 Medical Diagnostics & Research company?
The median Debt-to-EBITDA among Medical Diagnostics & Research companies is 2.29, based on 112 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 GRAIL. For the Medical Diagnostics & Research 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. GRAIL's current Debt-to-EBITDA is -0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRAIL stock overvalued right now?
GRAIL (GRAL) has a current Debt-to-EBITDA of -0.13. The current Debt-to-EBITDA is -0.13. GRAIL's overall GF Score™ is 12/100 with 2 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 GRAIL (GRAL), the current Debt-to-EBITDA is -0.13 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.

GRAIL Business Description

Other Exchanges NL0:Germany
Address 1525 O’Brien Drive, Menlo Park, CA, USA, 94025
GRAIL Inc is a healthcare company focused on developing technologies for early cancer detection. The company has developed a multi-cancer early detection blood test that has the ability to detect all types of cancer, across all stages. It operates in one reportable operating segment which provides multi-cancer early detection testing and service.
12GF Score

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

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