PONY (Pony AI) Debt-to-EBITDA : -0.07 (As of Mar. 2026)

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PONY Pony AI Inc PONY
13 GF Score
Price $6.98
! 2 Warning Signs
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What is Pony AI Debt-to-EBITDA?

Pony AI PONY -2.45% 13 Debt-to-EBITDA is -0.07 as of Mar. 2026. GuruFocus rates PONY with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 1,716 Software companies, Pony AI ranks worse than 58275% on this metric.

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

Pony AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.0 Mil. Pony AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $11.3 Mil. Pony AI's annualized EBITDA for the quarter that ended in Mar. 2026 was $-233.3 Mil. Pony AI's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.07.

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

PONY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.11   Med: -0.07   Max: -0.05
Current: -0.06

During the past 5 years, the highest Debt-to-EBITDA Ratio of Pony AI was -0.05. The lowest was -0.11. And the median was -0.07.

PONY's Debt-to-EBITDA is ranked worse than
100% of 1716 companies
in the Software industry
Industry Median: 1.09 vs PONY: -0.06

Pony AI  (NAS:PONY) 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.


Pony AI Debt-to-EBITDA Related Terms


Pony AI Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Pony AI'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.

Pony AI Debt-to-EBITDA Chart

Pony AI Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
0.00 -0.09 -0.06 -0.05 -0.11

Pony AI Quarterly Data
Dec21 Dec22 Jun23 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 -0.05 -0.07 -0.05 -0.10 -0.07

PONY vs PENG, CHRN, KD: Debt-to-EBITDA Comparison

For the Information Technology Services subindustry, Pony AI'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.


Pony AI Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Pony AI's Debt-to-EBITDA distribution charts can be found below:

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


PONY
13GF Score
Pony AI Inc PONY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Pony AI Debt-to-EBITDA Calculation

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

Pony AI'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
=(18.503 + 10.375) / -254.637
=-0.11

Pony AI'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
=(5.041 + 11.322) / -233.348
=-0.07

* 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 -0.07 mean?
Pony AI (PONY) has a Debt-to-EBITDA of -0.07 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 Pony AI. According to the industry distribution chart, Pony AI ranks #999999 out of 1716 companies in the Software industry.
Is Pony AI's Debt-to-EBITDA too high?
Pony AI's current Debt-to-EBITDA is -0.07. Based on the distribution chart, Pony AI ranks #999999 out of 1716 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Pony AI has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Pony AI's Debt-to-EBITDA compare to PENG and CHRN?
According to the Software industry distribution chart, Pony AI ranks #999999 out of 1716 companies for Debt-to-EBITDA. This places Pony AI in the lower half of its industry. The industry median Debt-to-EBITDA is 1.09. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,716 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 Pony AI. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pony AI's current Debt-to-EBITDA is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pony AI stock overvalued right now?
Pony AI (PONY) has a current Debt-to-EBITDA of -0.07. The current Debt-to-EBITDA is -0.07. Pony AI's overall GF Score™ is 13/100 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 Pony AI (PONY), the current Debt-to-EBITDA is -0.07 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.

Pony AI Business Description

Address 1 Mingzhu 1st Street, 1301 Pearl Development Building, Nansha District, Hengli Town, Guangzhou, CHN, 511458
Pony AI Inc is an artificial intelligence technology company that is principally engaged in the operation and development of autonomous vehicles. It operates fully driverless robotaxis through the PonyPilot mobile app in Beijing, Shanghai, Guangzhou, and Shenzhen. The company operates a fleet of robotaxis. The Group conducts its operations mainly in the People's Republic of China (PRC) and the United States of America (U.S.) through subsidiaries. Key revenue is generated from the Peoples Republic of China.
13GF Score

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

$6.98
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