TURB (Turbo Energy) Debt-to-EBITDA : -0.55 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Turbo Energy Debt-to-EBITDA?

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

Turbo Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.08 Mil. Turbo Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.01 Mil. Turbo Energy's annualized EBITDA for the quarter that ended in Jun. 2024 was $-5.66 Mil. Turbo Energy's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.55.

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

TURB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.56 Med: 4.83 Max: 9.54
Current: -0.6

During the past 3 years, the highest Debt-to-EBITDA Ratio of Turbo Energy was 9.54. The lowest was -1.56. And the median was 4.83.

TURB's Debt-to-EBITDA is ranked worse than
100% of 712 companies
in the Semiconductors industry
Industry Median: 1.455 vs TURB: -0.60

Turbo Energy Debt-to-EBITDA Historical Data

The historical data trend for Turbo Energy'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.

Turbo Energy Debt-to-EBITDA Chart

Turbo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

9.54

4.83

-1.56

Turbo Energy Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial			-	6.24	-4.12	-0.95	-0.55

Competitive Comparison of Turbo Energy's Debt-to-EBITDA

For the Solar subindustry, Turbo Energy'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.

Turbo Energy's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Turbo Energy's Debt-to-EBITDA distribution charts can be found below:

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

Save Embed

Turbo Energy Debt-to-EBITDA Calculation

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

Turbo Energy'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
	=	(4.289	+	0.123)	/	-2.832
	=	-1.56

Turbo Energy's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.082	+	0.011)	/	-5.664
	=	-0.55

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 (Jun. 2024) EBITDA data.

Turbo Energy (NAS:TURB) 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.

Turbo Energy Debt-to-EBITDA Related Terms

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

Turbo Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Turbo Energy SA (NAS:TURB) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

X8WA:Germany

Address

Isabel la Catolica Street, 8, Offices 50-51, Valencia, ESP, 46004

Website

https://www.turbo-e.com

Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.