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Serve Robotics (Serve Robotics) Debt-to-EBITDA : -0.28 (As of Mar. 2024)


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What is Serve Robotics Debt-to-EBITDA?

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

Serve Robotics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.36 Mil. Serve Robotics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.11 Mil. Serve Robotics's annualized EBITDA for the quarter that ended in Mar. 2024 was $-30.78 Mil. Serve Robotics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.28.

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 Serve Robotics's Debt-to-EBITDA or its related term are showing as below:

SERV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.36   Med: -0.29   Max: -0.21
Current: -0.35

During the past 3 years, the highest Debt-to-EBITDA Ratio of Serve Robotics was -0.21. The lowest was -0.36. And the median was -0.29.

SERV's Debt-to-EBITDA is ranked worse than
100% of 2296 companies
in the Industrial Products industry
Industry Median: 1.72 vs SERV: -0.35

Serve Robotics Debt-to-EBITDA Historical Data

The historical data trend for Serve Robotics'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.

Serve Robotics Debt-to-EBITDA Chart

Serve Robotics Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.36 -0.21

Serve Robotics Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - -0.77 -0.21 -0.13 -0.28

Competitive Comparison of Serve Robotics's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Serve Robotics'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.


Serve Robotics's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Serve Robotics Debt-to-EBITDA Calculation

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

Serve Robotics'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
=(3.931 + 0.442) / -20.685
=-0.21

Serve Robotics'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
=(8.36 + 0.106) / -30.776
=-0.28

* 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.


Serve Robotics  (NAS:SERV) 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.


Serve Robotics Debt-to-EBITDA Related Terms

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


Serve Robotics (Serve Robotics) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
730 Broadway, Redwood, CA, USA, 94063
Serve Robotics Inc is developing next-generation robots for last-mile delivery services. Its first product is a zero-emission robot that serves people in public areas, Starting with food delivery. It has developed an advanced, AI-robotics mobility platform, with last-mile delivery in cities as its first application.