Pacific Ventures Net debt/EBITDA

Was ist das Net debt/EBITDA von Pacific Ventures?

Net debt/EBITDA von Pacific Ventures Group, Inc. ist -55.69

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 Staples Sektor auf OTC im Vergleich zu Pacific Ventures

Was macht Pacific Ventures?

Pacific Ventures Group, Inc., through its subsidiaries, produces, sells, and distributes alcohol-infused ice creams and ice-pops. It sells its alcohol-infused ice-pops and ice creams under the SnöBar brand name. The company is also involved in the sale and lease of freezers, as well as the provision of marketing services; and wholesale and retail of fresh and specialty produce, and food products to restaurants, hotels, clubs and bars, resorts, food trucks, and caterers. Pacific Ventures Group, Inc. is headquartered in Los Angeles, California.

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