LAAOF (Li Auto) Debt-to-EBITDA : -1.73 (As of Mar. 2026)


LAAOF Li Auto Inc LAAOF
74 GF Score
Price $9.49
GF Value $16.92
! 4 Warning Signs
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What is Li Auto Debt-to-EBITDA?

Li Auto LAAOF 74 Debt-to-EBITDA is -1.73 as of Mar. 2026. GuruFocus rates LAAOF with a GF Score™ of 74/100 and a GF Value™ of $16.92. The stock has 4 warning signs investors should review. Among 1,097 Vehicles & Parts companies, Li Auto ranks worse than 91157.61% on this metric.

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

Li Auto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,119 Mil. Li Auto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,455 Mil. Li Auto's annualized EBITDA for the quarter that ended in Mar. 2026 was $-1,486 Mil. Li Auto's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -1.73.

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

LAAOF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.62   Med: 1.2   Max: 15.66
Current: -9.1

During the past 8 years, the highest Debt-to-EBITDA Ratio of Li Auto was 15.66. The lowest was -14.62. And the median was 1.20.

LAAOF's Debt-to-EBITDA is ranked worse than
100% of 1097 companies
in the Vehicles & Parts industry
Industry Median: 2.25 vs LAAOF: -9.10

Li Auto  (OTCPK:LAAOF) 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.


Li Auto Debt-to-EBITDA Related Terms


Li Auto Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Li Auto'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.

Li Auto Debt-to-EBITDA Chart

Li Auto Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 15.66 -14.62 1.10 1.30 2.92

Li Auto Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only 4.97 3.16 -6.33 442.20 -1.73

LAAOF vs NIO, XPEV, VFS: Debt-to-EBITDA Comparison

For the Auto Manufacturers subindustry, Li Auto'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.


Li Auto Debt-to-EBITDA vs Vehicles & Parts Industry

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

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


LAAOF
74GF Score
Li Auto Inc LAAOF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Li Auto Debt-to-EBITDA Calculation

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

Li Auto'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
=(1122.799 + 1406.558) / 866.125
=2.92

Li Auto'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
=(1118.516 + 1455.141) / -1486.064
=-1.73

* 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 -1.73 mean?
Li Auto (LAAOF) has a Debt-to-EBITDA of -1.73 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 Li Auto. According to the industry distribution chart, Li Auto ranks #999999 out of 1097 companies in the Vehicles & Parts industry.
Is Li Auto's Debt-to-EBITDA too high?
Li Auto's current Debt-to-EBITDA is -1.73. Based on the distribution chart, Li Auto ranks #999999 out of 1097 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Li Auto has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Li Auto's Debt-to-EBITDA compare to NIO and XPEV?
According to the Vehicles & Parts industry distribution chart, Li Auto ranks #999999 out of 1097 companies for Debt-to-EBITDA. This places Li Auto in the lower half of its 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 1,097 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 Li Auto. 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. Li Auto's current Debt-to-EBITDA is -1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Auto stock overvalued right now?
Li Auto (LAAOF) has a current Debt-to-EBITDA of -1.73. The stock's GF Value™ is $16.92, compared to a current price of $9.49 — trading 43.9% below its estimated fair value. The current Debt-to-EBITDA is -1.73. Li Auto's overall GF Score™ is 74/100 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 Li Auto (LAAOF), the current Debt-to-EBITDA is -1.73 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 Li Auto (LAAOF) Overvalued in 2026?

Based on GuruFocus' analysis, Li Auto stock appears to be undervalued. The current stock price of $9.49 is trading 43.9% below its estimated GF Value™ of $16.92.

Key valuation signals for LAAOF:

  • Debt-to-EBITDA: -1.73
  • GF Value™: $16.92 vs. price of $9.49 (43.9% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Li Auto Business Description

Address 11 Wenliang Street, Shunyi District, Beijing, CHN, 101399
Li Auto is one of China's leading new energy vehicle manufacturers. Founded in 2015, the company designs, develops, manufactures, and sells premium smart NEVs with a particular focus on family size premium SUVs and MPVs. Li Auto started volume production of its first model—the Li One, an SUV that is a premium plug-in electric vehicle- in November 2019. Besides PHEVs, its product portfolio now extends to EVs that are fully battery-powered, reaching a wide audience. It has sold over 400,000 NEVs in 2025, accounting for about 3% of China's passenger NEV market.
74GF Score

Get the complete analysis for LAAOF

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

$9.49
Price
$16.92
GF Value