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Luminar Technologies (FRA:9FS) Debt-to-EBITDA : -1.48 (As of Mar. 2024)


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What is Luminar Technologies Debt-to-EBITDA?

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

Luminar Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €10.40 Mil. Luminar Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €602.25 Mil. Luminar Technologies's annualized EBITDA for the quarter that ended in Mar. 2024 was €-413.24 Mil. Luminar Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -1.48.

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

FRA:9FS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.7   Med: -1.26   Max: 0
Current: -1.34

FRA:9FS's Debt-to-EBITDA is ranked worse than
100% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs FRA:9FS: -1.34

Luminar Technologies Debt-to-EBITDA Historical Data

The historical data trend for Luminar Technologies'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.

Luminar Technologies Debt-to-EBITDA Chart

Luminar Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.11 - -2.70 -1.50 -1.26

Luminar Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.13 -1.19 -1.35 -1.25 -1.48

Competitive Comparison of Luminar Technologies's Debt-to-EBITDA

For the Auto Parts subindustry, Luminar Technologies'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.


Luminar Technologies's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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



Luminar Technologies Debt-to-EBITDA Calculation

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

Luminar Technologies'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
=(9.311 + 596.515) / -481.346
=-1.26

Luminar Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10.404 + 602.253) / -413.24
=-1.48

* 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. 2024) EBITDA data.


Luminar Technologies  (FRA:9FS) 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.


Luminar Technologies Debt-to-EBITDA Related Terms

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


Luminar Technologies (FRA:9FS) Business Description

Traded in Other Exchanges
Address
2603 Discovery Drive, Suite 100, Orlando, FL, USA, 32826
Luminar Technologies Inc is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering lidar and associated software that meets the industry's stringent performance, safety, and economic requirements. It operates its business through the following segment: (1) Autonomy Solutions and (2) Components. The majority of revenue is earned from the Autonomy Solutions segment.

Luminar Technologies (FRA:9FS) Headlines

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