HRBR (Harbor Diversified) Debt-to-EBITDA : -0.45 (As of Sep. 2025)

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HRBR Harbor Diversified Inc HRBR
39 GF Score
Price $2.20
GF Value $0.82
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Harbor Diversified Debt-to-EBITDA?

Harbor Diversified HRBR -0.90% 39 Debt-to-EBITDA is -0.45 as of Sep. 2025. GuruFocus rates HRBR with a GF Score™ of 39/100 and a GF Value™ of $0.82 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 873 Transportation companies, Harbor Diversified ranks better than 87.86% on this metric.

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

Harbor Diversified's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.7 Mil. Harbor Diversified's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $5.1 Mil. Harbor Diversified's annualized EBITDA for the quarter that ended in Sep. 2025 was $-12.8 Mil. Harbor Diversified's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was -0.45.

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

HRBR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.52   Med: 1.8   Max: 17.4
Current: 0.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Harbor Diversified was 17.40. The lowest was 0.52. And the median was 1.80.

HRBR's Debt-to-EBITDA is ranked better than
87.86% of 873 companies
in the Transportation industry
Industry Median: 2.62 vs HRBR: 0.52

Harbor Diversified  (OTCPK:HRBR) 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.


Harbor Diversified Debt-to-EBITDA Related Terms


Harbor Diversified Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Harbor Diversified'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.

Harbor Diversified Debt-to-EBITDA Chart

Harbor Diversified Annual Data
Trend Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 0.60 1.96 1.98 1.10

Harbor Diversified 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 0.54 0.24 0.09 -0.12 -0.45

HRBR vs SRFM, FLYX, FLYYQ: Debt-to-EBITDA Comparison

For the Airlines subindustry, Harbor Diversified'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.


Harbor Diversified Debt-to-EBITDA vs Transportation Industry

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

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


HRBR
39GF Score
Harbor Diversified Inc HRBR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harbor Diversified Debt-to-EBITDA Calculation

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

Harbor Diversified'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
=(2.934 + 5.512) / 7.711
=1.10

Harbor Diversified'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
=(0.671 + 5.067) / -12.816
=-0.45

* 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 -0.45 mean?
Harbor Diversified (HRBR) has a Debt-to-EBITDA of -0.45 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 Harbor Diversified. Over the past decade, Harbor Diversified's Debt-to-EBITDA has ranged from 0.52 to 17.40. According to the industry distribution chart, Harbor Diversified ranks #106 out of 873 companies in the Transportation industry, placing it in the top 12.1%.
Is Harbor Diversified's Debt-to-EBITDA too high?
Harbor Diversified's current Debt-to-EBITDA is -0.45. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 17.40. Based on the distribution chart, Harbor Diversified ranks #106 out of 873 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Harbor Diversified has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Diversified's Debt-to-EBITDA compare to SRFM and FLYX?
According to the Transportation industry distribution chart, Harbor Diversified ranks #106 out of 873 companies for Debt-to-EBITDA. This places Harbor Diversified in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.62. Historically, Harbor Diversified's own Debt-to-EBITDA has ranged from 0.52 to 17.40 over the past decade. 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.62, based on 873 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 Harbor Diversified. For the Transportation industry, the median Debt-to-EBITDA is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbor Diversified's current Debt-to-EBITDA is -0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Diversified stock overvalued right now?
Based on GuruFocus' analysis, Harbor Diversified (HRBR) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.82, compared to a current price of $2.20 — trading 168.3% above its estimated fair value. The current Debt-to-EBITDA is -0.45. Harbor Diversified's overall GF Score™ is 39/100 with 4 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 Harbor Diversified (HRBR), the current Debt-to-EBITDA is -0.45 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 Harbor Diversified (HRBR) Overvalued in 2026?

Based on GuruFocus' analysis, Harbor Diversified stock appears to be overvalued. The current stock price of $2.20 is trading 168.3% above its estimated GF Value™ of $0.82. GuruFocus considers Harbor Diversified to be Significantly Overvalued.

Key valuation signals for HRBR:

  • Debt-to-EBITDA: -0.45
  • GF Value™: $0.82 vs. price of $2.20 (168.3% above fair value)
  • GF Score™: 39/100 with 4 warning signs

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


Harbor Diversified Business Description

Address 5601 West Grande Market Drive, Suite C, Appleton, WI, USA, 54913
Harbor Diversified Inc are not engaged in any operating business, and do not have any sources of revenue from operations.
39GF Score

Get the complete analysis for HRBR

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

$2.20
Price
$0.82
GF Value