Magnum Mining and Exploration Net debt/EBITDA
Was ist das Net debt/EBITDA von Magnum Mining and Exploration?
Net debt/EBITDA von Magnum Mining and Exploration Limited ist 1.82
Was ist die Definition von 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 von Unternehmen in Materials Sektor auf ASX im Vergleich zu Magnum Mining and Exploration
Was macht Magnum Mining and Exploration?
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties. The company owns a 74% interest in the Gravelotte emerald project located in the Limpopo province of South Africa. It has a purchase agreement to acquire a 100% interest in the Buena Vista iron ore project located in Nevada, United States. The company was incorporated in 1986 and is based in Sydney, Australia.
Unternehmen mit net debt/ebitda ähnlich Magnum Mining and Exploration
- Aptargroup hat Net debt/EBITDA von 1.82
- Stride Inc hat Net debt/EBITDA von 1.82
- GAN hat Net debt/EBITDA von 1.82
- Apple hat Net debt/EBITDA von 1.82
- Zephyr plc hat Net debt/EBITDA von 1.82
- Rincon Resources hat Net debt/EBITDA von 1.82
- Magnum Mining and Exploration hat Net debt/EBITDA von 1.82
- Deere hat Net debt/EBITDA von 1.82
- Betmakers Technology Ltd hat Net debt/EBITDA von 1.82
- Montem Resources hat Net debt/EBITDA von 1.83
- Alpha Cognition hat Net debt/EBITDA von 1.83
- Helius Medical Technologies Inc hat Net debt/EBITDA von 1.83
- Sandstorm Gold Ltd hat Net debt/EBITDA von 1.83