GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wolfspeed Inc (NYSE:WOLF) » Definitions » Debt-to-EBITDA

Wolfspeed (Wolfspeed) Debt-to-EBITDA : -99.56 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Wolfspeed Debt-to-EBITDA?

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

Wolfspeed's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.4 Mil. Wolfspeed's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,176.6 Mil. Wolfspeed's annualized EBITDA for the quarter that ended in Dec. 2023 was $-52.0 Mil. Wolfspeed's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -99.56.

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

WOLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -43.84   Med: -4.83   Max: 2.88
Current: -42.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wolfspeed was 2.88. The lowest was -43.84. And the median was -4.83.

WOLF's Debt-to-EBITDA is ranked worse than
100% of 707 companies
in the Semiconductors industry
Industry Median: 1.59 vs WOLF: -42.93

Wolfspeed Debt-to-EBITDA Historical Data

The historical data trend for Wolfspeed'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.

Wolfspeed Debt-to-EBITDA Chart

Wolfspeed Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.84 -10.85 -4.83 -7.86 -34.33

Wolfspeed Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only -25.51 -21.85 -20.39 -59.83 -99.56

Competitive Comparison of Wolfspeed's Debt-to-EBITDA

For the Semiconductors subindustry, Wolfspeed'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.


Wolfspeed's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Wolfspeed Debt-to-EBITDA Calculation

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

Wolfspeed's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.5 + 4184.3) / -121.9
=-34.33

Wolfspeed'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
=(0.4 + 5176.6) / -52
=-99.56

* 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.


Wolfspeed  (NYSE:WOLF) 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.


Wolfspeed Debt-to-EBITDA Related Terms

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


Wolfspeed (Wolfspeed) Business Description

Traded in Other Exchanges
Address
4600 Silicon Drive, Durham, NC, USA, 27703
Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; China; Japan; South Korea, and other countries.
Executives
Neill Reynolds officer: Executive Vice President & CFO 4600 SILICON DR, DURHAM NC 27703
Le Duy Loan T director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Gregg A Lowe director, officer: PRESIDENT, CEO AND DIRECTOR 400 W CESAR CHAVEZ STREET, AUSTIN TX 78701
John B Replogle director C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Stacy J Smith director 2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Clyde Hosein director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Marvin Riley director 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Thomas H Werner director 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Anne Clem Whitaker director 109 BRIERY BRANCH COURT, MORRISVILLE NC 27560
John C Hodge director C/O SILICON IMAGE, INC., 1060 E. ARQUES AVE., SUNNYVALE CA 94085
David Todd Emerson officer: EVP, GM LED 4600 SILICON DRIVE, DURHAM NC 27703
Michael E Mcdevitt officer: INTER. CHIEF FINANCIAL OFFICER 713 WALCOTT WAY, CARY NC 27519
Daniel J Castillo officer: EVP Cree & President-Lighting 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Darren R Jackson director C/O BEST BUY INC, 7075 FLYING CLOUD DR, EDEN PRAIRIE MN 55344