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Vuzix (VUZI) Debt-to-EBITDA : -0.00 (As of Dec. 2023)


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What is Vuzix Debt-to-EBITDA?

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

Vuzix's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.16 Mil. Vuzix's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. Vuzix's annualized EBITDA for the quarter that ended in Dec. 2023 was $-68.21 Mil. Vuzix's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.00.

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

VUZI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.18   Med: -0.08   Max: -0.01
Current: -0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vuzix was -0.01. The lowest was -0.18. And the median was -0.08.

VUZI's Debt-to-EBITDA is ranked worse than
100% of 1739 companies
in the Hardware industry
Industry Median: 1.78 vs VUZI: -0.01

Vuzix Debt-to-EBITDA Historical Data

The historical data trend for Vuzix'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.

Vuzix Debt-to-EBITDA Chart

Vuzix 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 -0.09 -0.09 -0.03 -0.02 -0.01

Vuzix 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 -0.02 -0.02 -0.02 -0.01 -

Competitive Comparison of Vuzix's Debt-to-EBITDA

For the Consumer Electronics subindustry, Vuzix'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.


Vuzix's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Vuzix Debt-to-EBITDA Calculation

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

Vuzix'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
=(0.164 + 0.138) / -45.422
=-0.01

Vuzix'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
=(0.164 + 0.138) / -68.208
=-0.00

* 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.


Vuzix  (NAS:VUZI) 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.


Vuzix Debt-to-EBITDA Related Terms

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


Vuzix (VUZI) Business Description

Traded in Other Exchanges
Address
25 Hendrix Road, Suite A, West Henrietta, NY, USA, 14586
Vuzix Corp is engaged in design, manufacture, marketing and sale of augmented reality wearable display and computing devices, also referred to as head mounted displays in the form of Smart Glasses and Augmented Reality glasses. Geographically, the company generates majority of the revenue from United States and also has its presence in Europe, Asia-Pacific and Others.
Executives
Paul J Travers director, officer: President and CEO 75 TOWN CENTRE DR, ROCHESTER NY 14623
Kay Edward William Jr. director 55 MITCHELL ROAD, PITTSFORD NY 14534
Peter Hamilton Jameson officer: Chief Operating Officer 5 CHIPMUNK TRL, PITTSFORD NY 14534
Raj Rajgopal director C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Grant Russell director, officer: CFO and Executive VP VUZIX CORPORATION, 75 TOWN CENTRE DR, ROCHESTER NY 14623
Timothy Heydenreich Harned director 71 MAUGUS AVENUE, WELLESLEY MA 02481
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Azita Arvani director 1522 LOMA DRIVE, HERMOSA BEACH CA 90254
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Alexander Ruckdaeschel director 123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Paul A Boris director, officer: Chief Operating Officer 2561 VERONICA DRIVE, CHESTER SPRINGS PA 19425
William Lee director 75 TOWN CENTRE DR, C/O VUZIX CORPORATION, ROCHESTER NY 14623
Michael Dennis Scott director 1211 21ST STREET, HERMOSA BEACH CA 90254
Michael Edwards Mccrackan officer: Vice President of Operations 38 TURNING LEAF DRIVE, PITTSFORD NY 14534
Cecin Jose A Jr director C/O MOBILE SATELLITE VENTURES LP, 10802 PARKRIDGE BLVD, RESTON VA 20191