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Acorn Energy (Acorn Energy) Debt-to-EBITDA : 0.29 (As of Dec. 2023)


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What is Acorn Energy Debt-to-EBITDA?

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

Acorn Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.12 Mil. Acorn Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.10 Mil. Acorn Energy's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.76 Mil. Acorn Energy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.29.

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

ACFN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.14   Med: -0.34   Max: 6.61
Current: 0.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Acorn Energy was 6.61. The lowest was -1.14. And the median was -0.34.

ACFN's Debt-to-EBITDA is ranked better than
70.18% of 1734 companies
in the Hardware industry
Industry Median: 1.75 vs ACFN: 0.73

Acorn Energy Debt-to-EBITDA Historical Data

The historical data trend for Acorn Energy'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.

Acorn Energy Debt-to-EBITDA Chart

Acorn Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 5.20 6.61 -0.66 0.73

Acorn Energy Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only -0.97 -1.35 0.58 1.33 0.29

Competitive Comparison of Acorn Energy's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Acorn Energy'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.


Acorn Energy's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Acorn Energy's Debt-to-EBITDA distribution charts can be found below:

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



Acorn Energy Debt-to-EBITDA Calculation

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

Acorn Energy'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
=(0.123 + 0.098) / 0.302
=0.73

Acorn Energy'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
=(0.123 + 0.098) / 0.764
=0.29

* 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.


Acorn Energy  (OTCPK:ACFN) 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.


Acorn Energy Debt-to-EBITDA Related Terms

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


Acorn Energy (Acorn Energy) Business Description

Traded in Other Exchanges
N/A
Address
1000 N West Street, Suite 1200, Wilmington, DE, USA, 19801
Acorn Energy Inc is a holding company which focuses on technology-driven solutions for energy infrastructure asset management. It operates through two segments namely, the PG segment and the CP segment. PG segment provides wireless remote monitoring and control systems and services for critical assets as well as Internet of Things applications which account for majority of the revenue. CP segment is engaged in providing remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies.
Executives
Tracy Simmons Clifford officer: CFO 10 N. ADGER'S WHARF, CHARLESTON SC 29401
Jan H Loeb director, officer: President and CEO LEAP TIDE CAPITAL MANAGEMENT, 10451 MILL RUN CIRCLE SUITE 400, OWINGS MILLS MD 21117
Peter Rabover director C/O ARTKO CAPITAL LLC, 1091 E BAYAUD AVE, APT W2808, DENVER CO 80209
Gary Mohr director C/O UE SYSTEMS INC., 14 HAYES STREET, ELMSFORD NY 10532
Leap Tide Capital Acorn Llc 10 percent owner 10451 MILL RUN CIRCLE, SUITE 400, OWINGS MILLS MD 21117
Walter Iv Czarnecki officer: OmniMetrix LLC President & CEO OMNIMETRIX, LLC, 4295 HAMILTON MILL ROAD, SUITE 100, BUFORD GA 30518
Michael Osterer director C/O UE SYSTEMS INC., 14 HAYES STREET, ELMSFORD NY 10532
Woolard Edgar S Jr director C/O NEW YORK STOCK EXCHANGE, INC., 11 WALL STREET, NEW YORK NY 10005
John A Moore officer: Chief Executive Officer 403 MARSH LANE, WILMINGTON DE 19807
Christopher E Clouser director C/O ACORN ENERGY, INC., 4 WEST ROCKLAND RD, MONTCHANIN DE 19710
Mannie L Jackson director ALFRED P SLOAN FOUNDATION, 630 FIFTH AVENUE SUITE 2550, NEW YORK NY 10111-0242
Mark A Bashforth officer: CEO and President of USSI C/O ACORN ENERGY, INC., 3903 CENTERVILLE ROAD, WILMINGTON DE 19807
Andy Sassine director 82 DEVONSHIRE STREET, BOSTON MA 02109
Mckee Robert E Iii director 14927 SANDALFOOT, HOUSTON TX 77095
Deena Redding officer: President of OmniMetrix, LLC OMNIMETRIX, LLC, 5225 BELLE WOOD COURT, BUFORD GA 30518

Acorn Energy (Acorn Energy) Headlines

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