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Indie Semiconductor (Indie Semiconductor) Debt-to-EBITDA : -5.20 (As of Dec. 2023)


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What is Indie Semiconductor Debt-to-EBITDA?

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

Indie Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.76 Mil. Indie Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $167.59 Mil. Indie Semiconductor's annualized EBITDA for the quarter that ended in Dec. 2023 was $-33.55 Mil. Indie Semiconductor's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5.20.

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.

The historical rank and industry rank for Indie Semiconductor's Debt-to-EBITDA or its related term are showing as below:

INDIW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.13   Med: -1.07   Max: -0.07
Current: -1.92

During the past 4 years, the highest Debt-to-EBITDA Ratio of Indie Semiconductor was -0.07. The lowest was -5.13. And the median was -1.07.

INDIW's Debt-to-EBITDA is ranked worse than
100% of 710 companies
in the Semiconductors industry
Industry Median: 1.595 vs INDIW: -1.92

Indie Semiconductor Debt-to-EBITDA Historical Data

The historical data trend for Indie Semiconductor'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.

Indie Semiconductor Debt-to-EBITDA Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.22 -0.07 -5.13 -1.91

Indie Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -4.17 -0.56 -153.13 -8.76 -5.20

Competitive Comparison of Indie Semiconductor's Debt-to-EBITDA

For the Semiconductor Equipment & Materials subindustry, Indie Semiconductor'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.


Indie Semiconductor's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Indie Semiconductor Debt-to-EBITDA Calculation

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

Indie Semiconductor'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
=(6.759 + 167.585) / -91.126
=-1.91

Indie Semiconductor's annualized Debt-to-EBITDA for the quarter 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
=(6.759 + 167.585) / -33.548
=-5.20

* 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 (Dec. 2023) EBITDA data.


Indie Semiconductor  (NAS:INDIW) 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.


Indie Semiconductor Debt-to-EBITDA Related Terms

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


Indie Semiconductor (Indie Semiconductor) Business Description

Traded in Other Exchanges
Address
32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.