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ACV Auctions (ACV Auctions) Debt-to-EBITDA : -1.81 (As of Dec. 2023)


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What is ACV Auctions Debt-to-EBITDA?

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

ACV Auctions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. ACV Auctions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $115.0 Mil. ACV Auctions's annualized EBITDA for the quarter that ended in Dec. 2023 was $-63.4 Mil. ACV Auctions's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.81.

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 ACV Auctions's Debt-to-EBITDA or its related term are showing as below:

ACVA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.14   Med: -0.21   Max: -0.03
Current: -2.14

During the past 5 years, the highest Debt-to-EBITDA Ratio of ACV Auctions was -0.03. The lowest was -2.14. And the median was -0.21.

ACVA's Debt-to-EBITDA is ranked worse than
100% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 2.36 vs ACVA: -2.14

ACV Auctions Debt-to-EBITDA Historical Data

The historical data trend for ACV Auctions'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.

ACV Auctions Debt-to-EBITDA Chart

ACV Auctions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.03 -0.21 -0.03 -0.85 -2.13

ACV Auctions Quarterly Data
Dec19 Mar20 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 Premium Member Only Premium Member Only -0.89 -1.69 -2.36 -2.07 -1.81

Competitive Comparison of ACV Auctions's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, ACV Auctions'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.


ACV Auctions's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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



ACV Auctions Debt-to-EBITDA Calculation

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

ACV Auctions'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 + 115) / -53.885
=-2.13

ACV Auctions'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
=(0 + 115) / -63.448
=-1.81

* 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.


ACV Auctions  (NAS:ACVA) 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.


ACV Auctions Debt-to-EBITDA Related Terms

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


ACV Auctions (ACV Auctions) Business Description

Traded in Other Exchanges
N/A
Address
640 Ellicott Street, Suite 321, Buffalo, NY, USA, 14203
ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.
Executives
William Zerella officer: Chief Financial Officer C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Michael Waterman officer: Chief Sales Officer C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Craig Eric Anderson officer: CCDSO and Chief Legal Officer C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
George Chamoun director, officer: Chief Executive Officer C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Bessemer Venture Partners Ix L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Vikas Mehta officer: Chief Operating Officer C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Kirsten Castillo director 5 GREAT VALLEY PARKWAY, SUITE 160, MALVERN PA 19355
Brian Hirsch director C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Robert P Goodman director 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Leanne Fitzgerald officer: Chief Legal Officer 1 WAYSIDE ROAD, BURLINGTON MA 01803
Bessemer Venture Partners Ix Institutional L.p. 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. Ltd. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
15 Angels Iii Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538