Sumitomo Net debt/EBITDA
Was ist das Net debt/EBITDA von Sumitomo?
Net debt/EBITDA von Sumitomo Corp. ist 24.80
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 Industrials Sektor auf OTC im Vergleich zu Sumitomo
Was macht Sumitomo?
Sumitomo Corporation imports, exports, and sells various goods and commodities worldwide. The company's Metal Products segment offers steel sheets and tubular products; and non-ferrous metals, such as aluminum and titanium. Its Transportation & Construction Systems segment manufactures, sells, services, leases, and finances ships, aircrafts, motor vehicles, construction equipment, and related components and parts. The company's Infrastructure segment provides power generation; power plant engineering, procurement, and construction services; retails electricity; and offers delivery, customs clearance, transportation, and insurance services. It also engages in the development and operation of industrial parks; and industrial facilities and equipment, water, transportation systems and infrastructure, airports, smart city project, environmental solutions, and storage battery businesses. Its Media & Digital segment engages in the cable television, 5G related technologies, multi-channel programming distribution, movies, digital media-related, video content-related, TV shopping, e-commerce, ICT platform, digital solution, corporate venture capital, cell phones, and smart communications platform businesses, as well as provision of value-added services. The company's Living Related & Real Estate segment operates food supermarkets and drugstore chains; offers vegetables, fruits, and meats; and trades in cement, wood, building materials, and biomass, as well as buildings, retail facilities, residences, logistics facilities, and real estate funds. Its Mineral Resources, Energy, Chemical & Electronics segment develops and trades in mineral and energy resources, commodity derivatives, liquefied petroleum gas, battery, carbon products, plastics, organic and inorganic chemicals, silicon wafers, LEDs, pharmaceuticals, agricultural chemicals, household insecticide, fertilizers, and veterinary drugs. Sumitomo Corporation was incorporated in 1919 and is headquartered in Tokyo, Japan.
Unternehmen mit net debt/ebitda ähnlich Sumitomo
- Global Partners LP hat Net debt/EBITDA von 24.77
- Vulcan Resources hat Net debt/EBITDA von 24.78
- Franklin Network hat Net debt/EBITDA von 24.79
- South Jersey Industries hat Net debt/EBITDA von 24.79
- GVC Plc hat Net debt/EBITDA von 24.79
- GFL Environmental hat Net debt/EBITDA von 24.79
- Sumitomo hat Net debt/EBITDA von 24.80
- Pembina Pipeline hat Net debt/EBITDA von 24.80
- China Outfitters hat Net debt/EBITDA von 24.83
- China Suntien Green hat Net debt/EBITDA von 24.83
- American Tower (REIT) hat Net debt/EBITDA von 24.84
- Sonic Automotive hat Net debt/EBITDA von 24.86
- Enterprise Development hat Net debt/EBITDA von 24.86