VANI (Vivani Medical) Debt-to-EBITDA : -0.66 (As of Jun. 2026)

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VANI Vivani Medical Inc VANI
33 GF Score
Price $1.32
! 1 Warning Sign
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What is Vivani Medical Debt-to-EBITDA?

Vivani Medical VANI -2.59% 33 Debt-to-EBITDA is -0.66 as of Jun. 2026. GuruFocus rates VANI with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 303 Biotechnology companies, Vivani Medical ranks worse than 330032.67% on this metric.

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

Vivani Medical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1.84 Mil. Vivani Medical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $16.01 Mil. Vivani Medical's annualized EBITDA for the quarter that ended in Jun. 2026 was $-26.98 Mil. Vivani Medical's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -0.66.

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

VANI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.8   Med: -0.49   Max: -0.05
Current: -0.67

During the past 6 years, the highest Debt-to-EBITDA Ratio of Vivani Medical was -0.05. The lowest was -0.80. And the median was -0.49.

VANI's Debt-to-EBITDA is ranked worse than
100% of 303 companies
in the Biotechnology industry
Industry Median: 1.27 vs VANI: -0.67

Vivani Medical  (NAS:VANI) 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.


Vivani Medical Debt-to-EBITDA Related Terms


Vivani Medical Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Vivani Medical'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.

Vivani Medical Debt-to-EBITDA Chart

Vivani Medical Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.14 -0.05 -0.78 -0.80 -0.70

Vivani Medical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.63 -0.69 -0.70 -0.68 -0.66

VANI vs BDTX, VTVT, TLSA: Debt-to-EBITDA Comparison

For the Biotechnology subindustry, Vivani Medical'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.


Vivani Medical Debt-to-EBITDA vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vivani Medical's Debt-to-EBITDA distribution charts can be found below:

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


VANI
33GF Score
Vivani Medical Inc VANI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Vivani Medical Debt-to-EBITDA Calculation

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

Vivani Medical'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
=(1.794 + 17.061) / -27.132
=-0.69

Vivani Medical's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.843 + 16.013) / -26.984
=-0.66

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.66 mean?
Vivani Medical (VANI) has a Debt-to-EBITDA of -0.66 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Vivani Medical. According to the industry distribution chart, Vivani Medical ranks #999999 out of 303 companies in the Biotechnology industry.
Is Vivani Medical's Debt-to-EBITDA too high?
Vivani Medical's current Debt-to-EBITDA is -0.66. Based on the distribution chart, Vivani Medical ranks #999999 out of 303 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Vivani Medical has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Vivani Medical's Debt-to-EBITDA compare to BDTX and VTVT?
According to the Biotechnology industry distribution chart, Vivani Medical ranks #999999 out of 303 companies for Debt-to-EBITDA. This places Vivani Medical in the lower half of its industry. The industry median Debt-to-EBITDA is 1.27. 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 Biotechnology company?
The median Debt-to-EBITDA among Biotechnology companies is 1.27, based on 303 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 Vivani Medical. For the Biotechnology industry, the median Debt-to-EBITDA is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivani Medical's current Debt-to-EBITDA is -0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivani Medical stock overvalued right now?
Vivani Medical (VANI) has a current Debt-to-EBITDA of -0.66. The current Debt-to-EBITDA is -0.66. Vivani Medical's overall GF Score™ is 33/100 with 1 warning sign 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 Vivani Medical (VANI), the current Debt-to-EBITDA is -0.66 as of Jun. 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.

Vivani Medical Business Description

Other Exchanges U5P:Germany
Address 1350 South Loop Road, Alameda, CA, USA, 94502
Vivani Medical Inc is a clinical stage biopharmaceutical company which develops miniature, ultra long-acting subdermal drug implant candidates utilizing its proprietary NanoPortal technology, which is designed to enable reversible, ultra long-acting, near constant-rate delivery of a broad range of medicines to treat chronic diseases. Vivani uses this platform technology to develop, and potentially commercialize, drug implant candidates, alone or in collaboration with pharmaceutical company partners, to address causes of poor clinical outcomes in the treatment of chronic diseases, including medication non-adherence, drug tolerability and administration challenges faced by certain patients. It operates in two segments the Biopharm Division and Neurostimulation Division.
33GF Score

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

$1.32
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