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Nxu (NXU) Debt-to-EBITDA : -0.20 (As of Dec. 2023)


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What is Nxu Debt-to-EBITDA?

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

Nxu's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.86 Mil. Nxu's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.70 Mil. Nxu's annualized EBITDA for the quarter that ended in Dec. 2023 was $-7.93 Mil. Nxu's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.20.

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

NXU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.17   Med: -0.04   Max: 0
Current: -0.04

NXU's Debt-to-EBITDA is ranked worse than
100% of 2296 companies
in the Industrial Products industry
Industry Median: 1.73 vs NXU: -0.04

Nxu Debt-to-EBITDA Historical Data

The historical data trend for Nxu'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.

Nxu Debt-to-EBITDA Chart

Nxu Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.17 -0.04

Nxu Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.16 -0.10 -0.05 -0.08 -0.20

Competitive Comparison of Nxu's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Nxu'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.


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

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

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



Nxu Debt-to-EBITDA Calculation

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

Nxu'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
=(0.864 + 0.698) / -39.416
=-0.04

Nxu'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
=(0.864 + 0.698) / -7.928
=-0.20

* 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.


Nxu  (NAS:NXU) 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.


Nxu Debt-to-EBITDA Related Terms

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


Nxu (NXU) Business Description

Traded in Other Exchanges
N/A
Address
1828 N Higley Road, Suite 116, Mesa, AZ, USA, 85205
Nxu Inc is engaged in Research & development, and manufacturing of Scalable battery packs. The company is making 15-minute charge times possible for the most demanding equipment and vehicle applications. It has Increased energy density, packaging efficiency, and superior thermodynamics making Qcells the solution to today's electrification problem. The company's Products include Qcell, Qube, and Qube Plus.
Executives
Gem Global Yield Llc Scs 10 percent owner 12C, RUE GUILLAUME J. KROLL, LUXEMBOURG N4 L-1882
Jessica Billingsley director AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Caryn M. Nightengale director C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Annie Pratt director, 10 percent owner, officer: President C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Apoorv Dwivedi officer: Chief Financial Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Mark Hanchett director, 10 percent owner, officer: Chief Executive Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Kate Sieker officer: VP of People C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Bourgeois Benoit Le officer: VP of User Experience C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Charles David Apps officer: VP of Operations C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205