10284 Net debt/EBITDA
What is the Net debt/EBITDA of 10284?
The Net debt/EBITDA of 10284 is 55.29
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 Industrials sector on TSX compared to 10284
Companies with net debt/ebitda similar to 10284
- Alussa Acquisition Corp has Net debt/EBITDA of 55.11
- Morguard has Net debt/EBITDA of 55.14
- Meitu has Net debt/EBITDA of 55.21
- Synex International has Net debt/EBITDA of 55.26
- Magazine Luiza S.A has Net debt/EBITDA of 55.27
- Comet Industries has Net debt/EBITDA of 55.29
- 10284 has Net debt/EBITDA of 55.29
- Good PLC has Net debt/EBITDA of 55.33
- Camping World Inc has Net debt/EBITDA of 55.34
- Nuveen Floating Rate Income Opportunity Fund has Net debt/EBITDA of 55.40
- Verimatrix Societe anonyme has Net debt/EBITDA of 55.40
- Lions Gate Entertainment has Net debt/EBITDA of 55.44
- Caliber Home Loans has Net debt/EBITDA of 55.48