XTI Aerospace (XTI Aerospace) Debt-to-EBITDA : N/A (As of Dec. 2023)

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What is XTI Aerospace Debt-to-EBITDA?

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

XTI Aerospace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.94 Mil. XTI Aerospace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. XTI Aerospace's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.00 Mil.

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 XTI Aerospace's Debt-to-EBITDA or its related term are showing as below:

XTIA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.18 Med: -0.34 Max: 22.59
Current: 22.59

During the past 3 years, the highest Debt-to-EBITDA Ratio of XTI Aerospace was 22.59. The lowest was -1.18. And the median was -0.34.

XTIA's Debt-to-EBITDA is ranked worse than
95.13% of 226 companies
in the Aerospace & Defense industry
Industry Median: 2.285 vs XTIA: 22.59

XTI Aerospace Debt-to-EBITDA Historical Data

The historical data trend for XTI Aerospace'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.

XTI Aerospace Debt-to-EBITDA Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.25

-1.18

-0.34

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-EBITDA	-0.25	32.60	N/A

Competitive Comparison of XTI Aerospace's Debt-to-EBITDA

For the Aerospace & Defense subindustry, XTI Aerospace'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.

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

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

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

XTI Aerospace Debt-to-EBITDA Calculation

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

XTI Aerospace'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
	=	(8.939	+	0.141)	/	-26.645
	=	-0.34

XTI Aerospace'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
	=	(8.939	+	0.141)	/	0
	=	N/A

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 one times the quarterly (Dec. 2023) EBITDA data.

XTI Aerospace (NAS:XTIA) 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.

XTI Aerospace Debt-to-EBITDA Related Terms

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XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024