TAL Education Net debt/EBITDA
What is the Net debt/EBITDA of TAL Education?
The Net debt/EBITDA of TAL Education Group is 82.95
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 Consumer Discretionary sector on NYSE compared to TAL Education
What does TAL Education do?
好未来是中国领先的k12课外辅导机构，在全国19个城市设立线下直营分校，285个教学中心，拥有6500名全职员工，其中全职教师3000人，从事互联网教育业务的员工600余人。2014学年线下培训参培训用户达90万人次，线上注册学员累计47余万人，在线教育社区的总注册用户达500万人。 2010年10月20日好未来登陆美国纽交所（nyse:xrs），是中国最早在美国上市的教育企业之一。 好未来旗下品牌：学而思培优，学而思网校，智康1对1，摩比思维馆，家长帮。
Companies with net debt/ebitda similar to TAL Education
- Tiscali Spa has Net debt/EBITDA of 82.51
- Ceva has Net debt/EBITDA of 82.56
- 3D Systems has Net debt/EBITDA of 82.56
- XXL has Net debt/EBITDA of 82.67
- Sino Oil and Gas has Net debt/EBITDA of 82.76
- Tuniu Corp has Net debt/EBITDA of 82.77
- TAL Education has Net debt/EBITDA of 82.95
- Granite Real Estate has Net debt/EBITDA of 83.35
- Kwoon Chung Bus has Net debt/EBITDA of 83.40
- City Developments has Net debt/EBITDA of 83.53
- Zoned Properties has Net debt/EBITDA of 83.76
- S E A has Net debt/EBITDA of 84.23
- Aspen has Net debt/EBITDA of 84.27