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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Debt-to-EBITDA : -0.57 (As of Aug. 2023)


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What is Life Electric Vehicles Holdings Debt-to-EBITDA?

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

Life Electric Vehicles Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.00 Mil. Life Electric Vehicles Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $1.05 Mil. Life Electric Vehicles Holdings's annualized EBITDA for the quarter that ended in Aug. 2023 was $-1.83 Mil. Life Electric Vehicles Holdings's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was -0.57.

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

LFEV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.8   Med: -1.8   Max: 2.23
Current: -2.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of Life Electric Vehicles Holdings was 2.23. The lowest was -4.80. And the median was -1.80.

LFEV's Debt-to-EBITDA is ranked worse than
100% of 1049 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs LFEV: -2.29

Life Electric Vehicles Holdings Debt-to-EBITDA Historical Data

The historical data trend for Life Electric Vehicles 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.

Life Electric Vehicles Holdings Debt-to-EBITDA Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.80 2.23 1.67 -4.80 -4.29

Life Electric Vehicles Holdings Quarterly Data
May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23
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 -2.56 -3.46 -2.17 - -0.57

Competitive Comparison of Life Electric Vehicles Holdings's Debt-to-EBITDA

For the Recreational Vehicles subindustry, Life Electric Vehicles 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.


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

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

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



Life Electric Vehicles Holdings Debt-to-EBITDA Calculation

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

Life Electric Vehicles Holdings's Debt-to-EBITDA for the fiscal year that ended in Nov. 2007 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.255 + 0) / -0.758
=-4.29

Life Electric Vehicles Holdings's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1.05) / -1.832
=-0.57

* 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 (Aug. 2023) EBITDA data.


Life Electric Vehicles Holdings  (OTCPK:LFEV) 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.


Life Electric Vehicles Holdings Debt-to-EBITDA Related Terms

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


Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Traded in Other Exchanges
N/A
Address
460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

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