American National Bankshares Net debt/EBITDA
What is the Net debt/EBITDA of American National Bankshares?
The Net debt/EBITDA of American National Bankshares Inc. is 4.47
What is the definition of Net debt/EBITDA?
The net debt to earnings before interest, taxes, depreciation, and amortization (Net debt/EBITDA) ratio measures financial leverage and the company’s ability to pay off its debt. It shows how long it would take the company to pay off all its debt with operations at the current level.
The net debt to EBITDA ratio is calculated as Net debt divided by EBITDA. It is similar to the debt to EBITDA ratio, but cash and cash equivalents are subtracted in net debt.
Net debt = short-term debt + long-term debt - cash and cash equivalents
EBITDA = net income + interest expense + taxes + depreciation + amortization
Lower debt debt to EBITDA ratio indicates the company is not heavily indebted and should be able to repay its obligations. Alternatively, higher ratio indicated the company is excessively indebted. The ratio varies between industries as different industries have different capital requirements. Usually, the ratio should be compared to a benchmark or an industry average to determine the company’s credit risk. Generally, a net debt to EBITDA ratio above 4 or 5 is considered high.
Net debt/EBITDA of companies in the Finance sector on NASDAQ compared to American National Bankshares
What does American National Bankshares do?
american national bank and trust company is a full-service community bank founded in 1909, in danville, virginia with over 20 full-service locations across virginia and north carolina. for a complete list of our locations, visit https://www.amnb.com/locations.htm. to learn more about who we are, visit https://www.amnb.com/about-us.htm.
Companies with net debt/ebitda similar to American National Bankshares
- Electrocomponents Plc has Net debt/EBITDA of 4.46
- IT Tech Packaging Inc has Net debt/EBITDA of 4.46
- Actinogen Medical has Net debt/EBITDA of 4.46
- Nubeva Technologies has Net debt/EBITDA of 4.46
- Breville has Net debt/EBITDA of 4.47
- Medacta SA has Net debt/EBITDA of 4.47
- American National Bankshares has Net debt/EBITDA of 4.47
- Thunderbird Entertainment has Net debt/EBITDA of 4.47
- Jones Soda Co has Net debt/EBITDA of 4.47
- Gran Tierra has Net debt/EBITDA of 4.47
- Gran Tierra has Net debt/EBITDA of 4.47
- Nephros has Net debt/EBITDA of 4.48
- Corbus Pharmaceuticals Inc has Net debt/EBITDA of 4.48