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Aura Systems (Aura Systems) Debt-to-EBITDA : -7.89 (As of Nov. 2023)


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What is Aura Systems Debt-to-EBITDA?

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

Aura Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $9.52 Mil. Aura Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $7.87 Mil. Aura Systems's annualized EBITDA for the quarter that ended in Nov. 2023 was $-2.20 Mil. Aura Systems's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was -7.89.

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

AUSI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.27   Med: -6.83   Max: 13.64
Current: -6.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aura Systems was 13.64. The lowest was -12.27. And the median was -6.83.

AUSI's Debt-to-EBITDA is ranked worse than
100% of 2292 companies
in the Industrial Products industry
Industry Median: 1.75 vs AUSI: -6.99

Aura Systems Debt-to-EBITDA Historical Data

The historical data trend for Aura Systems'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.

Aura Systems Debt-to-EBITDA Chart

Aura Systems Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.73 -12.27 13.64 -6.97 -6.68

Aura Systems Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -4.44 -7.64 -6.28 -6.31 -7.89

Competitive Comparison of Aura Systems's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Aura Systems'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.


Aura Systems's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aura Systems's Debt-to-EBITDA distribution charts can be found below:

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



Aura Systems Debt-to-EBITDA Calculation

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

Aura Systems's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.416 + 7.981) / -2.605
=-6.68

Aura Systems's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.516 + 7.874) / -2.204
=-7.89

* 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 (Nov. 2023) EBITDA data.


Aura Systems  (OTCPK:AUSI) 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.


Aura Systems Debt-to-EBITDA Related Terms

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


Aura Systems (Aura Systems) Business Description

Traded in Other Exchanges
N/A
Address
20431 North Sea Circle, Lake Forest, CA, USA, 92630
Aura Systems Inc is engaged in the development, commercialization, and sales of products, systems, and components. It uses patented and proprietary electromagnetic technology. The company develops and sells AuraGen axial flux mobile induction power systems to the industrial, commercial, and defense mobile power generation markets. It has also developed High Force Electromagnetic Linear Actuators.
Executives
Warren Breslow 10 percent owner 721 N REXFORD DR, BEVERLY HILLS CA 90210
Cipora Lavut director, officer: President 12100 WILSHIRE BOULEVARD, LOS ANGELES CA 90025
Robert T Lempert director, officer: Secretary C/O AURA SYSTEMS, INC,, 10541 ASHDALE STREET, STANTON CA 90680
David Mann director, officer: Chief Financial Officer C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Zvi Kurtzman 10 percent owner C/O AURA SYSTEMS INC, 2335 ALASKA AVENUE, EL SEGUNDO CA 90245
Elimelech Lowy 10 percent owner 380 B BETH HALEVY RUE, BOISBRIAND A8 J7E 4H4
Ronald Buschur director 1801 E ST ANDREW PLACE, SAN ANA CA 92705
Siryong Yu director 10541 ASHDALE STREET, STANTON CA 90680
Timothy John O'toole officer: Interim CFO C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Jeffrey D. Cowan director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
John M. Cochran director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Michael Sawruk director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Roland J. Bopp director 120 HANCOCK LANE, WESTAMPTON NJ 08060
Michael Paritee director C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Gary M. Wells director 8960 BAY COLONY DRIVE #404, NAPLES FL 34108

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