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Kaixin Holdings (Kaixin Holdings) Debt-to-EBITDA : -0.03 (As of Dec. 2023)


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What is Kaixin Holdings Debt-to-EBITDA?

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

Kaixin Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.73 Mil. Kaixin Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.24 Mil. Kaixin Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-98.48 Mil. Kaixin Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.03.

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

KXIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -184.86   Med: -0.09   Max: -0.06
Current: -0.06

During the past 8 years, the highest Debt-to-EBITDA Ratio of Kaixin Holdings was -0.06. The lowest was -184.86. And the median was -0.09.

KXIN's Debt-to-EBITDA is ranked worse than
100% of 1049 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs KXIN: -0.06

Kaixin Holdings Debt-to-EBITDA Historical Data

The historical data trend for Kaixin Holdings'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.

Kaixin Holdings Debt-to-EBITDA Chart

Kaixin Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -184.86 - -0.06 -0.12 -0.06

Kaixin Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -0.10 -0.09 -0.36 -0.37 -0.03

Competitive Comparison of Kaixin Holdings's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, Kaixin Holdings'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.


Kaixin Holdings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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



Kaixin Holdings Debt-to-EBITDA Calculation

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

Kaixin Holdings'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
=(2.729 + 0.238) / -50.775
=-0.06

Kaixin Holdings'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
=(2.729 + 0.238) / -98.478
=-0.03

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Kaixin Holdings  (NAS:KXIN) 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.


Kaixin Holdings Debt-to-EBITDA Related Terms

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


Kaixin Holdings (Kaixin Holdings) Business Description

Traded in Other Exchanges
Address
Huagong Road, 9th Floor, Tower A, Dongjin International Center, Chaoyang District, Beijing, CHN, 100015
Kaixin Auto Holdings is an auto retail platform for luxury used cars and imported new cars. The company is actively engaged in the research and development, design, manufacturing, and sales of electric vehicles and promotes the innovation of next-generation autonomous driving and artificial intelligence technologies. The company primarily generates revenues from sales of used cars, as well as fees obtained from its role as a channel partner for third-party auto financing and other value-added service providers.
Executives
Value Fund Shareholder 10 percent owner SUITE 100-1004, 10F,ICBC TOWER, THREE GARDEN ROAD, CENTRAL, HONG KONG F4 0000000
Sing Wang director SUITE 1003-1004, 10/F, ICBC TOWER, THREE GARDEN ROAD, CENTRAL, HONG KONG F4 00000
Renren Inc. 10 percent owner 45 WEST BUCHANAN STREET, PHOENIX AZ 85003
Jun Ma officer: Chief Technology Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Joseph Chen director 23/F, JING AN CENTER, 8 NORTH THIRD RING, ROAD EAST, CHAOYANG DISTRICT, BEIJING F4 100028
Chen Ji officer: Chief Executive Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Xiaoguang Li officer: Vice President of Marketing C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Lin Zhu officer: VP of FP and CM C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Lin Cong director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Jinfeng Xie officer: Chief Operating Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Suli Cui officer: Vice President of Finance C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Tianruo Pu director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Thomas Jintao Ren officer: Chief Financial Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
James Jian Liu director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6