Light Science Technologies Holdings (LSE:LST) Debt-to-EBITDA : -2.13 (As of Nov. 2025)

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What is Light Science Technologies Holdings Debt-to-EBITDA?

Light Science Technologies Holdings LSE:LST Debt-to-EBITDA is -2.13 as of Nov. 2025. The stock has 2 warning signs investors should review. Among 1,794 Hardware companies, Light Science Technologies Holdings ranks worse than 55741.3% on this metric.

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

Light Science Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was £1.03 Mil. Light Science Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was £0.65 Mil. Light Science Technologies Holdings's annualized EBITDA for the quarter that ended in Nov. 2025 was £-0.79 Mil. Light Science Technologies Holdings's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2025 was -2.13.

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

LSE:LST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.66   Med: 0.56   Max: 5.55
Current: -14.66

During the past 8 years, the highest Debt-to-EBITDA Ratio of Light Science Technologies Holdings was 5.55. The lowest was -14.66. And the median was 0.56.

LSE:LST's Debt-to-EBITDA is ranked worse than
100% of 1794 companies
in the Hardware industry
Industry Median: 1.71 vs LSE:LST: -14.66

Light Science Technologies Holdings  (LSE:LST) 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.


Light Science Technologies Holdings Debt-to-EBITDA Related Terms


Light Science Technologies Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Light Science Technologies 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.

Light Science Technologies Holdings Debt-to-EBITDA Chart

Light Science Technologies Holdings Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-EBITDA
Get a 7-Day Free Trial -1.35 -1.27 -4.53 2.40 -14.66

Light Science Technologies Holdings Semi-Annual Data
Nov18 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 -42.25 51.25 1.24 3.11 -2.13

LSE:LST vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Light Science Technologies 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.


Light Science Technologies Holdings Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Light Science Technologies Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Light Science Technologies Holdings Debt-to-EBITDA Calculation

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

Light Science Technologies Holdings's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.026 + 0.645) / -0.114
=-14.66

Light Science Technologies Holdings's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.026 + 0.645) / -0.786
=-2.13

* 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 two times the quarterly (Nov. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -2.13 mean?
Light Science Technologies Holdings (LSE:LST) has a Debt-to-EBITDA of -2.13 as of Nov. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Light Science Technologies Holdings. According to the industry distribution chart, Light Science Technologies Holdings ranks #999999 out of 1794 companies in the Hardware industry.
Is Light Science Technologies Holdings' Debt-to-EBITDA too high?
Light Science Technologies Holdings' current Debt-to-EBITDA is -2.13. Based on the distribution chart, Light Science Technologies Holdings ranks #999999 out of 1794 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does Light Science Technologies Holdings' Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Light Science Technologies Holdings ranks #999999 out of 1794 companies for Debt-to-EBITDA. This places Light Science Technologies Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,794 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 Light Science Technologies Holdings. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light Science Technologies Holdings's current Debt-to-EBITDA is -2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light Science Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Light Science Technologies Holdings (LSE:LST) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.02, compared to a current price of £0.02 — trading 20% below its estimated fair value. The current Debt-to-EBITDA is -2.13. 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 Light Science Technologies Holdings (LSE:LST), the current Debt-to-EBITDA is -2.13 as of Nov. 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.

Light Science Technologies Holdings Business Description

Other Exchanges 9FD:Germany
Address Painters Lane, The Byre Ednaston Park Business Centre, Ednaston, Ashbourne, Derbyshire, GBR, DE6 3FA
Light Science Technologies Holdings PLC focuses on the development and manufacturing of Contract electronic boards and lighting and technology products for the Controlled Environment Agriculture (CEA) sector. The company operates in Contract Electronics Manufacturing, Agtech, and Passive fire protection. The company generates maximum revenue from the Contract electronics manufacturing segment. Geographically, the company operates in United Kingdom, Europe and Rest of the World, of which it derives maximum revenue from United Kingdom.