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Eve Holding (Eve Holding) Debt-to-EBITDA : -0.18 (As of Dec. 2023)


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What is Eve Holding Debt-to-EBITDA?

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

Eve Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Eve Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25.76 Mil. Eve Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was $-143.93 Mil. Eve Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.18.

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

EVEX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.21   Med: -0.21   Max: -0.21
Current: -0.21

During the past 5 years, the highest Debt-to-EBITDA Ratio of Eve Holding was -0.21. The lowest was -0.21. And the median was -0.21.

EVEX's Debt-to-EBITDA is ranked worse than
100% of 229 companies
in the Aerospace & Defense industry
Industry Median: 2.34 vs EVEX: -0.21

Eve Holding Debt-to-EBITDA Historical Data

The historical data trend for Eve Holding'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.

Eve Holding Debt-to-EBITDA Chart

Eve Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- - - - -0.21

Eve Holding Quarterly Data
Dec19 Dec20 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 - - - -0.08 -0.18

Competitive Comparison of Eve Holding's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Eve Holding'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.


Eve Holding's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Eve Holding's Debt-to-EBITDA distribution charts can be found below:

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



Eve Holding Debt-to-EBITDA Calculation

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

Eve Holding'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 + 25.764) / -125.655
=-0.21

Eve Holding'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 + 25.764) / -143.932
=-0.18

* 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.


Eve Holding  (NYSE:EVEX) 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.


Eve Holding Debt-to-EBITDA Related Terms

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


Eve Holding (Eve Holding) Business Description

Traded in Other Exchanges
N/A
Address
1400 General Aviation Drive, Melbourne, FL, USA, 32935
Eve Holding Inc is dedicated to accelerating the Urban Air Mobility ecosystem. Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, a comprehensive global services and support network, and a unique air traffic management solution, combining a start-up mindset with Embraer's aerospace expertise.
Executives
Johann Bordais officer: Chief Executive Officer C/O EVE MOBILITY, 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Maria Cordon director C/O EVE HOLDING, INC., 1400 GENERAL AVIATION DRIVE, MELBOURNE FL 32395
Paul Eremenko director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Entrecanales Domecq Jose Manuel director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Luis Carlos Affonso director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Embraer Aircraft Holding, Inc. director, 10 percent owner 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Michael Amalfitano director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Marion C Blakey director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Eduardo Siffert Couto officer: Chief Financial Officer C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Andre Duarte Stein officer: Co-Chief Executive Officer C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
S.a. Embraer director, 10 percent owner AV. BRIGADEIRO FARIA LIMA 2170, SAO JOSE DOS CAMPOS D5 12227901
Sergio Pedreiro director 2 PARK AVENUE, NEW YORK NY 10016
Patrick M Shanahan director C/O RESILIENCE CAPITAL PARTNERS LLC, 25101 CHAGRIN BLVD 350, BEACHWOOD OH 44122
Triple8, Llc 10 percent owner ONE SECURITY BENEFIT PLACE, TOPEKA KS 66636
Eldridge Industries, Llc 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830