Leggett & Platt Net debt/EBITDA
Was ist das Net debt/EBITDA von Leggett & Platt?
Net debt/EBITDA von Leggett & Platt, Inc. ist 25.30
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 Consumer Discretionary Sektor auf NYSE im Vergleich zu Leggett & Platt
Was macht Leggett & Platt?
Leggett & Platt is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers.
Unternehmen mit net debt/ebitda ähnlich Leggett & Platt
- Alexandria Real Estate Equities hat Net debt/EBITDA von 25.22
- Ally Inc hat Net debt/EBITDA von 25.24
- Quickstep hat Net debt/EBITDA von 25.24
- Frontier Communications hat Net debt/EBITDA von 25.24
- The Toronto-Dominion Bank hat Net debt/EBITDA von 25.25
- Qts Realty Trust Inc hat Net debt/EBITDA von 25.25
- Leggett & Platt hat Net debt/EBITDA von 25.30
- Franklin Street Properties hat Net debt/EBITDA von 25.30
- Custom Truck One Source Inc hat Net debt/EBITDA von 25.31
- Perrigo plc hat Net debt/EBITDA von 25.31
- Fuller, Smith & Turner P.L.C hat Net debt/EBITDA von 25.32
- Guan Chao hat Net debt/EBITDA von 25.32
- Scandi Standard AB (publ) hat Net debt/EBITDA von 25.39