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CarLotz (CarLotz) Debt-to-EBITDA : -0.44 (As of Sep. 2022)


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What is CarLotz Debt-to-EBITDA?

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

CarLotz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $10.1 Mil. CarLotz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $28.5 Mil. CarLotz's annualized EBITDA for the quarter that ended in Sep. 2022 was $-87.9 Mil. CarLotz's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.44.

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

LOTZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.71   Med: -1.94   Max: -0.45
Current: -0.45

During the past 3 years, the highest Debt-to-EBITDA Ratio of CarLotz was -0.45. The lowest was -2.71. And the median was -1.94.

LOTZ's Debt-to-EBITDA is not ranked
in the Vehicles & Parts industry.
Industry Median: 2.39 vs LOTZ: -0.45

CarLotz Debt-to-EBITDA Historical Data

The historical data trend for CarLotz'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.

CarLotz Debt-to-EBITDA Chart

CarLotz Annual Data
Trend Dec19 Dec20 Dec21
Debt-to-EBITDA
- -2.71 -1.16

CarLotz Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.18 -0.85 -1.08 -0.37 -0.44

Competitive Comparison of CarLotz's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, CarLotz'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.


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

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

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



CarLotz Debt-to-EBITDA Calculation

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

CarLotz's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(28.324 + 12.206) / -34.916
=-1.16

CarLotz's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10.149 + 28.467) / -87.888
=-0.44

* 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 (Sep. 2022) EBITDA data.


CarLotz  (NAS:LOTZ) 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.


CarLotz Debt-to-EBITDA Related Terms

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


CarLotz (CarLotz) Business Description

Traded in Other Exchanges
N/A
Address
611 Bainbridge Street, Suite 100, Richmond, VA, USA, 23224
CarLotz Inc is engaged in used vehicle consignment and Retail Remarketing business. The company operates a technology-enabled buying, sourcing and selling model that offers a seamless omni-channel experience and comprehensive selection of vehicles while allowing for a contactless end-to-end e-commerce interface that enables no-hassle buying and selling.
Executives
Lev Peker director, officer: CEO US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Ozan Kaya officer: President C/O CARLOTZ, INC., 611 BAINBRIDGE STREET; SUITE 100, RICHMOND VA 23224
Nanxi Liu director 2050 W. 190TH STREET, SUITE 400, TORRANCE CA 90504
Michael W Bor director, 10 percent owner, officer: CEO and Chairman 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
Eugene Kovshilovsky officer: Chief Technology Officer C/O PARTS ID, INC., 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Elizabeth Sanders officer: Chief Administrative Officer 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
Foley John W Ii officer: Chief Operating Officer 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
Daniel A Valerian officer: Chief Technology Officer 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
Kimberly H. Sheehy director C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Sarah M Kauss director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Michael C Chapman officer: Chief Marketing Officer 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
Steven G Carrel director, 10 percent owner 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
Trp Capital Partners, Lp 10 percent owner 380 N. OLD WOODWARD AVE., SUITE 205, BIRMINGHAM MI 48009
David R Mitchell director, 10 percent owner 1155 PURITAN, BIRMINGHAM MI 48009
Aizpuru Luis Igancio Solorzano director, 10 percent owner 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105