Who Was the Most Indebted to EBITDA Among Apple Peers in 2018?

Net Debt / EBITDA Ratio
March 9, 2020
$1.99
Excel Sheet

Based on a comparison of 11 firms among Apple Peers, Xiaomi had the biggest debt relative to its EBITDA at the end of 2018 followed by Tesla Inc. and Motorola Solutions.

Xiaomi's net debt reached CNY -28,794 mil and accounted for 11.4x of EBITDA at the end of 2018. The multiple is down 56.1% when compared to the previous year. Historically, the firm’s net debt to EBITDA reached an all time high of 64.2x in 2016 and an all time low of -85.4x in 2015.

When compared to equity, net debt amounted to XX% of equity at the end of the year. The ratio reached an all time high of XX% in 2009 and an all time low of XX% in.

Comparing Xiaomi with its closest peers, Tesla Inc. posted net debt to equity of 105% and 3.18x when compared to EBITDA at the end of 2017. Motorola Solutions ended the year 2016 with a net debt at 37.9% of equity and 1.42x when compared to its EBITDA while SEAT had net debt at 17.4% of equity and 0.458x to EBITDA at the end of the year.

You can see all the companies net debt/equity data on the Net Debt/Equity indicator page or you can download a special statistical dossier on the Volkswagen Group in the reports section.

Net Debt/EBITDA Unit 2012 2013 2014 2015 2016 2017 2018 2019
Apple Inc. -0.413 0.165 0.271 0.271 0.542
Tesla Inc. -1.76 16.9 -4.86 12.0 1,773
Microsoft Corporation 0.387 0.424 1.23 1.75 2.08
Amazon.com Inc ... ... -1.30 -0.921 -0.932 0.262 ...
Alphabet -2.74 -2.71 -2.78 -2.76 -2.73
Facebook -3.00 -1.85 -2.46 -2.10 -1.85
Samsung Electronics -0.814 -1.17 -1.24 -1.46 -0.849 ...
Huawei -1.61 -1.80 -1.88 -1.34 -1.72 ...
Xiaomi ... ... ... -85.4 64.2 26.0 ...
Motorola Solutions -0.641 -0.484 1.60 2.21 1.95
LG Electronics 2.32 2.00 2.26 2.12 1.60 ...
AVERAGE -1.29 -0.919 1.02 -8.56 6.72 163 1.38 0.433