EZGO Technologies (EZGO Technologies) Debt-to-EBITDA : -1.82 (As of Sep. 2023)

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What is EZGO Technologies Debt-to-EBITDA?

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

EZGO Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.71 Mil. EZGO Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.39 Mil. EZGO Technologies's annualized EBITDA for the quarter that ended in Sep. 2023 was $-3.36 Mil. EZGO Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -1.82.

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

EZGO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.69 Med: -0.09 Max: 5.49
Current: -1.69

During the past 6 years, the highest Debt-to-EBITDA Ratio of EZGO Technologies was 5.49. The lowest was -1.69. And the median was -0.09.

EZGO's Debt-to-EBITDA is ranked worse than
100% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 2.36 vs EZGO: -1.69

EZGO Technologies Debt-to-EBITDA Historical Data

The historical data trend for EZGO Technologies'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.

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EZGO Technologies Debt-to-EBITDA Chart

EZGO Technologies Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-EBITDA

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5.49

0.58

-0.09

-0.52

-1.69

EZGO Technologies Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial						-0.05	-0.82	-0.40	-0.40	-1.82

Competitive Comparison of EZGO Technologies's Debt-to-EBITDA

For the Recreational Vehicles subindustry, EZGO Technologies'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.

EZGO Technologies's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EZGO Technologies's Debt-to-EBITDA distribution charts can be found below:

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

EZGO Technologies Debt-to-EBITDA Calculation

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

EZGO Technologies's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.712	+	4.386)	/	-3.609
	=	-1.69

EZGO Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.712	+	4.386)	/	-3.356
	=	-1.82

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 (Sep. 2023) EBITDA data.

EZGO Technologies (NAS:EZGO) 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.

EZGO Technologies Debt-to-EBITDA Related Terms

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

EZGO Technologies (EZGO Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » EZGO Technologies Ltd (NAS:EZGO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164

Website

https://www.ezgotech.com.cn

EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment.