Corvel Net debt/EBITDA
Was ist das Net debt/EBITDA von Corvel?
Net debt/EBITDA von Corvel Corp. ist -5.61
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 Finance Sektor auf NASDAQ im Vergleich zu Corvel
Was macht Corvel?
together, let's do more. corvel is a leader of risk and healthcare management solutions to employers, third party administrators, insurance companies and government agencies. we are publicly traded (nasdaq:crvl) and annual revenues exceeded $493 million in fy2015. our continued customer growth is a testament to our financial stability and our significant investments in new systems and technologies allows us to continue to deliver industry-leading solutions to the marketplace. corvel has approximately 3,500 associates who serve more than 2,000 customers through a national branch office network covering all 50 states.
Unternehmen mit net debt/ebitda ähnlich Corvel
- Tai Ping Carpets International hat Net debt/EBITDA von -5.64
- GEA AG hat Net debt/EBITDA von -5.63
- Excellon Resources hat Net debt/EBITDA von -5.63
- Greenpro Capital Corp hat Net debt/EBITDA von -5.62
- BYD hat Net debt/EBITDA von -5.61
- M.T.I Wireless Edge hat Net debt/EBITDA von -5.61
- Corvel hat Net debt/EBITDA von -5.61
- Clear Blue Technologies International hat Net debt/EBITDA von -5.61
- Simply Better Brands hat Net debt/EBITDA von -5.60
- Lyxor Index Fund - Lyxor Stoxx Europe 600 Food & Beverage UCITS ETF Acc hat Net debt/EBITDA von -5.60
- Shenzhou International hat Net debt/EBITDA von -5.59
- National hat Net debt/EBITDA von -5.58
- Tower hat Net debt/EBITDA von -5.58