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Rivian Automotive Debt-to-EBITDA

: -0.28 (As of Mar. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Rivian Automotive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $126.0 Mil. Rivian Automotive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $1,483.0 Mil. Rivian Automotive's annualized EBITDA for the quarter that ended in Mar. 2022 was $-5,812.0 Mil. Rivian Automotive's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was -0.28.

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

RIVN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.34   Med: -0.19   Max: -0.18
Current: -0.29

During the past 3 years, the highest Debt-to-EBITDA Ratio of Rivian Automotive was -0.18. The lowest was -0.34. And the median was -0.19.

RIVN's Debt-to-EBITDA is ranked worse than
100% of 1008 companies
in the Vehicles & Parts industry
Industry Median: 2.58 vs RIVN: -0.29

Rivian Automotive Debt-to-EBITDA Historical Data

The historical data trend for Rivian Automotive'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.

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21
Debt-to-EBITDA
-0.19 -0.18 -0.34

Rivian Automotive Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only - -0.09 -0.67 -0.17 -0.28

Competitive Comparison

For the Auto Manufacturers subindustry, Rivian Automotive'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.

   

Rivian Automotive Debt-to-EBITDA Distribution

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

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



Rivian Automotive Debt-to-EBITDA Calculation

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

Rivian Automotive'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
=(89 + 1444) / -4462
=-0.34

Rivian Automotive's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(126 + 1483) / -5812
=-0.28

* 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 (Mar. 2022) EBITDA data.


Rivian Automotive  (NAS:RIVN) 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.


Rivian Automotive Debt-to-EBITDA Related Terms

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


Rivian Automotive Business Description

Rivian Automotive logo
Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories.
Executives
Flatley Jay T director 9885 TOWNE CENTRE DR SAN DIEGO CA 92121
Thomas-graham Pamela director C/O IDENIX PHARMACEUTICALS, INC. 60 HAMPSHIRE STREET CAMBRIDGE MA 02139
Baker Jeff officer: Chief Accounting Officer 1221 BROADWAY OAKLAND CA 94612
Boone Karen director 15 KOCH ROAD SUITE J CORTE MADERA CA 94925
Amazon Com Inc director, 10 percent owner 410 TERRY AVENUE NORTH SEATTLE WA 98109
Ford Motor Co 10 percent owner ONE AMERICAN RD DEARBORN MI 48126
Marcario Rose M director 21101 OXNARD STREET WOODLAND HILLS CA 91367
Mcdonough Claire officer: Chief Financial Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Krawiec Peter director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Scaringe Robert J director, officer: Chief Executive Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Behl Jiten officer: Chief Growth Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Schwartz Sanford Harold director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Global Oryx Group Holding Co Ltd 10 percent owner 15 ESPLANADE ST. HELIER Y9 JE1 1RB

Rivian Automotive Headlines

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