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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 Substrate Artificial Inteligence's Debt-to-EBITDA or its related term are showing as below:
XMAD:SAI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.2 Med: -0.08 Max: 0.41
Current: -1.2
During the past 5 years, the highest Debt-to-EBITDA Ratio of Substrate Artificial Inteligence was 0.41. The lowest was -1.20. And the median was -0.08.
XMAD:SAI's Debt-to-EBITDA is ranked worse than 100% of 1719
companies
in the Software industry
Industry Median: 1.08
vs XMAD:SAI: -1.20
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.
Substrate Artificial Inteligence Debt-to-EBITDA Related Terms
Substrate Artificial Inteligence Debt-to-EBITDA Historical Data
* 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.
XMAD:SAI vs MSFT, ORCL, PLTR: Debt-to-EBITDA Comparison
For the Software - Infrastructure subindustry, Substrate Artificial Inteligence'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.
Substrate Artificial Inteligence Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Substrate Artificial Inteligence's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Substrate Artificial Inteligence's Debt-to-EBITDA falls into.
* 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 two times the quarterly (Dec. 2025) EBITDA data.
Substrate Artificial Inteligence (XMAD:SAI) has a Debt-to-EBITDA of -0.44 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Substrate Artificial Inteligence. According to the industry distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1719 companies in the Software industry.
Is Substrate Artificial Inteligence's Debt-to-EBITDA too high?
Substrate Artificial Inteligence's current Debt-to-EBITDA is -0.44. Based on the distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1719 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Substrate Artificial Inteligence's Debt-to-EBITDA compare to MSFT and ORCL?
According to the Software industry distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1719 companies for Debt-to-EBITDA. This places Substrate Artificial Inteligence in the lower half of its industry. The industry median Debt-to-EBITDA is 1.08. 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 1.08, based on 1,719 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 Substrate Artificial Inteligence. For the Software industry, the median Debt-to-EBITDA is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Substrate Artificial Inteligence's current Debt-to-EBITDA is -0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Substrate Artificial Inteligence stock overvalued right now?
Based on GuruFocus' analysis, Substrate Artificial Inteligence (XMAD:SAI) is currently considered Possible Value Trap. The stock's GF Value™ is €0.19, compared to a current price of €0.06 — trading 70.7% below its estimated fair value. The current Debt-to-EBITDA is -0.44. 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 Substrate Artificial Inteligence (XMAD:SAI), the current Debt-to-EBITDA is -0.44 as of Dec. 2025. 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.
Substrate Artificial Inteligence Business Description
Substrate Artificial Inteligence SA is an Artificial Intelligence company in Spain. Its software is applied in agritech, energy, industry, fintech, human resources, or health sectors. Its technology is easy to implement and allows it to address all the problems faced by companies in the digitization and streamlining of their processes, optimizing decision-making and generating great cost savings.
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