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STI (Solidion Technology) Debt-to-EBITDA : -0.10 (As of Sep. 2024)


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What is Solidion Technology Debt-to-EBITDA?

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

Solidion Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2.48 Mil. Solidion Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Solidion Technology's annualized EBITDA for the quarter that ended in Sep. 2024 was $-26.05 Mil. Solidion Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.10.

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 Solidion Technology's Debt-to-EBITDA or its related term are showing as below:

STI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.63   Med: -0.38   Max: -0.14
Current: -0.19

During the past 3 years, the highest Debt-to-EBITDA Ratio of Solidion Technology was -0.14. The lowest was -0.63. And the median was -0.38.

STI's Debt-to-EBITDA is ranked worse than
100% of 2291 companies
in the Industrial Products industry
Industry Median: 1.71 vs STI: -0.19

Solidion Technology Debt-to-EBITDA Historical Data

The historical data trend for Solidion Technology'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.

Solidion Technology Debt-to-EBITDA Chart

Solidion Technology Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.14 -0.63

Solidion Technology Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - 0.79 -0.02 0.04 -0.10

Competitive Comparison of Solidion Technology's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Solidion Technology'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.


Solidion Technology's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solidion Technology's Debt-to-EBITDA distribution charts can be found below:

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


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Solidion Technology Debt-to-EBITDA Calculation

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

Solidion Technology'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
=(2.203 + 0) / -3.51
=-0.63

Solidion Technology'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
=(2.481 + 0) / -26.048
=-0.10

* 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. 2024) EBITDA data.


Solidion Technology  (NAS:STI) 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.


Solidion Technology Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Solidion Technology's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Solidion Technology Business Description

Traded in Other Exchanges
N/A
Address
13355 Noel Road, Suite 1100, Dallas, TX, USA, 75240
Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and components, as well as the development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.