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Aeva Technologies (Aeva Technologies) Debt-to-EBITDA : -0.05 (As of Dec. 2023)


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What is Aeva Technologies Debt-to-EBITDA?

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

Aeva Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.59 Mil. Aeva Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.77 Mil. Aeva Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was $-138.24 Mil. Aeva Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.05.

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

AEVA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.1   Med: -0.05   Max: -0.05
Current: -0.05

During the past 5 years, the highest Debt-to-EBITDA Ratio of Aeva Technologies was -0.05. The lowest was -0.10. And the median was -0.05.

AEVA's Debt-to-EBITDA is ranked worse than
100% of 1595 companies
in the Software industry
Industry Median: 1.05 vs AEVA: -0.05

Aeva Technologies Debt-to-EBITDA Historical Data

The historical data trend for Aeva 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.

Aeva Technologies Debt-to-EBITDA Chart

Aeva Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- - -0.10 -0.05 -0.05

Aeva Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only -0.04 -0.05 -0.04 -0.06 -0.05

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

For the Software - Infrastructure subindustry, Aeva 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.


Aeva Technologies's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Aeva Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Aeva Technologies Debt-to-EBITDA Calculation

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

Aeva 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
=(3.587 + 3.767) / -140.08
=-0.05

Aeva Technologies'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
=(3.587 + 3.767) / -138.24
=-0.05

* 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 (Dec. 2023) EBITDA data.


Aeva Technologies  (NYSE:AEVA) 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.


Aeva Technologies Debt-to-EBITDA Related Terms

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


Aeva Technologies (Aeva Technologies) Business Description

Traded in Other Exchanges
N/A
Address
555 Ellis Street, Mountain View, CA, USA, 94043
Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application.
Executives
Stephen Paul Zadesky director 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Sylebra Capital Ltd director, 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Soroush Salehian Dardashti director, 10 percent owner, officer: Chief Executive Officer C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Erin L Polek director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Eberle Christopher G Jr director 14 E. 4TH ST SUITE 405, NEW YORK NY 10012
Daniel Patrick Gibson 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Saurabh Sinha officer: Chief Financial Officer C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Peter Hebert 10 percent owner C/O LUX VENTURES, 295 MADISON AVE, 24TH FLOOR, NEW YORK NY 10017
Shahin Farshchi director 11740 WILSHIRE BLVD, #A1309, LOS ANGELES CA 90025
Hrach Simonian director 285 RIVERSIDE AVE., SUITE 250, WESTPORT CT 06880
Mina Rezk director, 10 percent owner, officer: President & CTO C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Opportunities, L.p. 10 percent owner C/O LUX CAPITAL MANAGEMENT, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Partners, Llc 10 percent owner C/O LUX CAPITAL, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Venture Partners Iv, Llc 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010