Zeo Energy (Zeo Energy) Debt-to-EBITDA : 0.17 (As of Sep. 2023)

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What is Zeo Energy Debt-to-EBITDA?

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

Zeo Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.99 Mil. Zeo Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.05 Mil. Zeo Energy's annualized EBITDA for the quarter that ended in Sep. 2023 was $17.98 Mil. Zeo Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.17.

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

ZEO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1 Med: 0.2 Max: 0.61
Current: 0.61

During the past 3 years, the highest Debt-to-EBITDA Ratio of Zeo Energy was 0.61. The lowest was 0.10. And the median was 0.20.

ZEO's Debt-to-EBITDA is ranked better than
66.43% of 706 companies
in the Semiconductors industry
Industry Median: 1.595 vs ZEO: 0.61

Zeo Energy Debt-to-EBITDA Historical Data

The historical data trend for Zeo Energy'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.

Zeo Energy Debt-to-EBITDA Chart

Zeo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.10

0.20

0.36

Zeo Energy Quarterly Data
	Dec21	Sep22	Dec22	Sep23	Dec23
Debt-to-EBITDA	N/A	-	0.34	0.17	2.07

Competitive Comparison of Zeo Energy's Debt-to-EBITDA

For the Solar subindustry, Zeo Energy'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.

Zeo Energy's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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

Zeo Energy Debt-to-EBITDA Calculation

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

Zeo Energy'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
	=	(0.944	+	2.026)	/	8.215
	=	0.36

Zeo Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.993	+	2.052)	/	17.976
	=	0.17

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 (Sep. 2023) EBITDA data.

Zeo Energy (NAS:ZEO) 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.

Zeo Energy Debt-to-EBITDA Related Terms

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Zeo Energy (Zeo Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zeo Energy Corp (NAS:ZEO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

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Address

7625 little Road, Suite 200A, New Port Richley, FL, USA, 34654

Website

Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas and Missouri.