ZOOZ (Zooz Power) Debt-to-EBITDA : -0.40 (As of Jun. 2024)

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What is Zooz Power Debt-to-EBITDA?

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

Zooz Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.24 Mil. Zooz Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.82 Mil. Zooz Power's annualized EBITDA for the quarter that ended in Jun. 2024 was $-10.19 Mil. Zooz Power's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.40.

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

ZOOZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.36 Med: -0.15 Max: -0.11
Current: -0.36

During the past 3 years, the highest Debt-to-EBITDA Ratio of Zooz Power was -0.11. The lowest was -0.36. And the median was -0.15.

ZOOZ's Debt-to-EBITDA is ranked worse than
100% of 856 companies
in the Retail - Cyclical industry
Industry Median: 2.76 vs ZOOZ: -0.36

Zooz Power Debt-to-EBITDA Historical Data

The historical data trend for Zooz Power'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.

Zooz Power Debt-to-EBITDA Chart

Zooz Power Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.20

-0.11

Zooz Power Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	N/A	N/A	-	-0.11	-0.40

Competitive Comparison of Zooz Power's Debt-to-EBITDA

For the Specialty Retail subindustry, Zooz Power'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.

Zooz Power's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zooz Power's Debt-to-EBITDA distribution charts can be found below:

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

Zooz Power Debt-to-EBITDA Calculation

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

Zooz Power'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
	=	(0.309	+	1.035)	/	-11.972
	=	-0.11

Zooz Power'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
	=	(3.238	+	0.824)	/	-10.19
	=	-0.40

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.

Zooz Power (NAS:ZOOZ) 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.

Zooz Power Debt-to-EBITDA Related Terms

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

Zooz Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zooz Power Ltd (NAS:ZOOZ) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ZOOZ:Israel

Address

Hamelacha 4B, Lod, ISR, 7152008

Website

https://www.zoozpower.com

Zooz Power Ltd is a provider of Flywheel-based Power Boosting solutions enabling widespread deployment of ultra-fast charging infrastructure for electric vehicles (EV) while overcoming existing grid limitations. ZOOZ pioneers its flywheel-based power boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure. ZOOZ Power's sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, efficiency, and greater flexibility.