TOGI (TurnOnGreen) Debt-to-EBITDA : -5.62 (As of Mar. 2026)

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What is TurnOnGreen Debt-to-EBITDA?

TurnOnGreen TOGI -1.24% Debt-to-EBITDA is -5.62 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 2,332 Industrial Products companies, TurnOnGreen ranks worse than 42881.6% on this metric.

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

TurnOnGreen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $9.51 Mil. TurnOnGreen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.32 Mil. TurnOnGreen's annualized EBITDA for the quarter that ended in Mar. 2026 was $-1.93 Mil. TurnOnGreen's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -5.62.

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

TOGI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -46.5   Med: -0.64   Max: -0.15
Current: -10.72

During the past 10 years, the highest Debt-to-EBITDA Ratio of TurnOnGreen was -0.15. The lowest was -46.50. And the median was -0.64.

TOGI's Debt-to-EBITDA is ranked worse than
100% of 2332 companies
in the Industrial Products industry
Industry Median: 1.7 vs TOGI: -10.72

TurnOnGreen  (OTCPK:TOGI) 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.


TurnOnGreen Debt-to-EBITDA Related Terms


TurnOnGreen Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TurnOnGreen'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.

TurnOnGreen Debt-to-EBITDA Chart

TurnOnGreen Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.50 -0.92 -2.01 -10.68

TurnOnGreen 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 -5.92 -4.81 -9.29 84.62 -5.62

TOGI vs XPON, PWDY, POLA: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, TurnOnGreen'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.


TurnOnGreen Debt-to-EBITDA vs Industrial Products Industry

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

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



TurnOnGreen Debt-to-EBITDA Calculation

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

TurnOnGreen'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
=(8.462 + 0) / -0.792
=-10.68

TurnOnGreen'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
=(9.513 + 1.316) / -1.928
=-5.62

* 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 -5.62 mean?
TurnOnGreen (TOGI) has a Debt-to-EBITDA of -5.62 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 TurnOnGreen. According to the industry distribution chart, TurnOnGreen ranks #999999 out of 2332 companies in the Industrial Products industry.
Is TurnOnGreen's Debt-to-EBITDA too high?
TurnOnGreen's current Debt-to-EBITDA is -5.62. Based on the distribution chart, TurnOnGreen ranks #999999 out of 2332 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does TurnOnGreen's Debt-to-EBITDA compare to XPON and PWDY?
According to the Industrial Products industry distribution chart, TurnOnGreen ranks #999999 out of 2332 companies for Debt-to-EBITDA. This places TurnOnGreen in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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 TurnOnGreen. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TurnOnGreen's current Debt-to-EBITDA is -5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TurnOnGreen stock overvalued right now?
Based on GuruFocus' analysis, TurnOnGreen (TOGI) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.02 — trading 138% above its estimated fair value. The current Debt-to-EBITDA is -5.62. 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 TurnOnGreen (TOGI), the current Debt-to-EBITDA is -5.62 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.

TurnOnGreen Business Description

Address 2030 Ringwood Avenue, San Jose, CA, USA, 95035
TurnOnGreen Inc is an emerging provider of premium power electronics and electric vehicle (EV) charging solutions. The company designs, develops, manufactures, and sells high-grade, feature-rich power conversion systems for mission-critical applications across defense, medical, industrial, telecommunications, e-Mobility, and OEM markets. Its products feature customized firmware and are compact, efficient, and rapidly adaptable for OEM needs, often without additional NRE charges. TurnOnGreen also provides EV charging infrastructure and subscription-based network management services for residential, fleet, hospitality, workplace, healthcare, municipal, and educational environments. The company operates in two segments: the Power Solutions segment and EV Charging Solutions.