Luminar Technologies (MEX:LAZR) Debt-to-EBITDA : 3.28 (As of Sep. 2024)

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What is Luminar Technologies Debt-to-EBITDA?

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

Luminar Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN216 Mil. Luminar Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN11,271 Mil. Luminar Technologies's annualized EBITDA for the quarter that ended in Sep. 2024 was MXN3,498 Mil. Luminar Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.28.

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

MEX:LAZR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.7 Med: -1.26 Max: 0
Current: -1.82

MEX:LAZR's Debt-to-EBITDA is ranked worse than
100% of 1050 companies
in the Vehicles & Parts industry
Industry Median: 2.365 vs MEX:LAZR: -1.82

Luminar Technologies Debt-to-EBITDA Historical Data

The historical data trend for Luminar Technologies'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.

* Premium members only.

Luminar Technologies Debt-to-EBITDA Chart

Luminar Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.11

-2.70

-1.50

-1.26

Luminar Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial															-1.35	-1.25	-1.48	-1.39	3.28

Competitive Comparison of Luminar Technologies's Debt-to-EBITDA

For the Auto Parts subindustry, Luminar Technologies'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.

Luminar Technologies's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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

Luminar Technologies Debt-to-EBITDA Calculation

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

Luminar Technologies's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(172.357	+	11041.867)	/	-8910.02
	=	-1.26

Luminar Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(216.16	+	11271.141)	/	3498.1
	=	3.28

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. 2024) EBITDA data.

Luminar Technologies (MEX:LAZR) 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.

Luminar Technologies Debt-to-EBITDA Related Terms

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Luminar Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luminar Technologies Inc (MEX:LAZR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

LAZR:USA 9FS1:Germany

Address

2603 Discovery Drive, Suite 100, Orlando, FL, USA, 32826

Website

https://www.luminartech.com

Luminar Technologies Inc is an automotive technology company ushering in a new era of vehicle safety and autonomy. It operates its business through the following segments: Autonomy Solutions and advanced Technologies and Services. The majority of revenue is earned from the Autonomy Solutions segment which engaged in the design, manufacturing, and sale of LiDAR sensors catering mainly to the OEMs in the automobile, commercial vehicle, robo-taxi, and adjacent industries and advanced Technologies and Services provides semiconductors and related components, as well as design, test and consulting services to the Autonomy Solutions segment and various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles.