GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fisker Inc (OTCPK:FSRN) » Definitions » Debt-to-EBITDA

Fisker (Fisker) Debt-to-EBITDA : -0.54 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Fisker Debt-to-EBITDA?

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

Fisker's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $306.8 Mil. Fisker's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,001.0 Mil. Fisker's annualized EBITDA for the quarter that ended in Dec. 2023 was $-2,428.4 Mil. Fisker's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.54.

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

FSRN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.59   Med: -1.35   Max: -0.02
Current: -1.59

During the past 6 years, the highest Debt-to-EBITDA Ratio of Fisker was -0.02. The lowest was -1.59. And the median was -1.35.

FSRN's Debt-to-EBITDA is ranked worse than
100% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 2.36 vs FSRN: -1.59

Fisker Debt-to-EBITDA Historical Data

The historical data trend for Fisker'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.

Fisker Debt-to-EBITDA Chart

Fisker Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.40 -0.02 -1.47 -1.35 -1.59

Fisker Quarterly Data
Dec18 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 Premium Member Only -1.10 -1.67 -3.04 -5.92 -0.54

Competitive Comparison of Fisker's Debt-to-EBITDA

For the Auto Manufacturers subindustry, Fisker'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.


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

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

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



Fisker Debt-to-EBITDA Calculation

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

Fisker'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
=(306.764 + 1000.951) / -820.79
=-1.59

Fisker'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
=(306.764 + 1000.951) / -2428.364
=-0.54

* 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.


Fisker  (OTCPK:FSRN) 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.


Fisker Debt-to-EBITDA Related Terms

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


Fisker (Fisker) Business Description

Traded in Other Exchanges
Address
1888 Rosecrans Avenue, Manhattan Beach, CA, USA, 90266
Fisker Inc is revolutionizing the automotive industry by developing emotionally desirable and eco-friendly electric vehicles on Earth. The company is an e-mobility service provider with sustainable vehicles.
Executives
Florus Beuting officer: Chief Accounting Officer C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Burkhard J. Huhnke officer: Chief Technology Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Fifthdelta Ltd 10 percent owner 15 SACKVILLE STREET, 1ST FLOOR, LONDON X0 W1S 3DJ
Finnucan John C Iv officer: Chief Accounting Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Henrik Fisker director, officer: President & CEO C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Wendy J. Greuel director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Mitchell Zuklie director C/O FISKER INC., 1888 ROSECRANS AVENUE, MANHATTAN BEACH CA 90266
Mark E Hickson director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
William R Mcdermott director 2225 LAWSON LANE, SANTA CLARA CA 95054
Geeta Gupta director, officer: Chief Financial Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Spartan Energy Acquisition Sponsor Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Roderick K. Randall director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Nadine I Watt director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019