Vitalibis Net debt/EBITDA
Was ist das Net debt/EBITDA von Vitalibis?
Net debt/EBITDA von Vitalibis, Inc. ist -1.71
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 Health Care Sektor auf OTC im Vergleich zu Vitalibis
Was macht Vitalibis?
Vitalibis, Inc. operates as a technology-based formulator of phytocannabinoid rich hemp products with cannabidiol, along with personal care and nutritional products. The company markets and sells consumer products under the Vitalibis brand. It also sells water soluble phytocannabinoid rich hemp powder. The company was formerly known as Sheng Ying Entertainment Corp. and changed its name to Vitalibis, Inc. in February 2018. Vitalibis, Inc. was founded in 2014 and is based in Las Vegas, Nevada. On June 15, 2020, Vitalibis, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Nevada.
Unternehmen mit net debt/ebitda ähnlich Vitalibis
- Sisram Medical Ltd hat Net debt/EBITDA von -1.72
- Monarch Mining hat Net debt/EBITDA von -1.72
- Jaguar Mining hat Net debt/EBITDA von -1.72
- Medpace Inc hat Net debt/EBITDA von -1.72
- Varian Medical Systems hat Net debt/EBITDA von -1.72
- Miller Industries hat Net debt/EBITDA von -1.71
- Vitalibis hat Net debt/EBITDA von -1.71
- CareCloud Inc hat Net debt/EBITDA von -1.71
- Sunlight Technology hat Net debt/EBITDA von -1.71
- Anglo Asian Mining Plc hat Net debt/EBITDA von -1.70
- Jericho Ventures hat Net debt/EBITDA von -1.70
- Jericho Oil hat Net debt/EBITDA von -1.70
- Home Control International hat Net debt/EBITDA von -1.70