ASML NV Net debt/EBITDA
What is the Net debt/EBITDA of ASML NV?
The Net debt/EBITDA of ASML Holding NV is -1.81
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 Technology sector on NASDAQ compared to ASML NV
What does ASML NV do?
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
Companies with net debt/ebitda similar to ASML NV
- GeNeuro SA (Switzerland) has Net debt/EBITDA of -1.82
- Plato Gold has Net debt/EBITDA of -1.82
- Serabi Gold plc has Net debt/EBITDA of -1.82
- Serabi Gold plc has Net debt/EBITDA of -1.82
- Serabi Gold Plc has Net debt/EBITDA of -1.82
- Meridian Bioscience has Net debt/EBITDA of -1.81
- ASML NV has Net debt/EBITDA of -1.81
- Caldwell Partners International has Net debt/EBITDA of -1.81
- Guardant Health Cl. A has Net debt/EBITDA of -1.81
- KEFI Minerals Plc has Net debt/EBITDA of -1.81
- Althea has Net debt/EBITDA of -1.81
- China Molybdenum Co has Net debt/EBITDA of -1.80
- Mammoth Services Inc has Net debt/EBITDA of -1.80