Richards Packaging Income Fund Net debt/EBITDA
Was ist das Net debt/EBITDA von Richards Packaging Income Fund?
Net debt/EBITDA von Richards Packaging Income Fund ist 4.24
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 Materials Sektor auf TSX im Vergleich zu Richards Packaging Income Fund
Was macht Richards Packaging Income Fund?
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic, glass, and metal containers and closures. The company also offers design and development, and logistics management services. It serves food and beverage, healthcare, cosmetics, industrial, and pharmaceutical sectors. Richards Packaging Income Fund was founded in 1912 and is based in Mississauga, Canada.
Unternehmen mit net debt/ebitda ähnlich Richards Packaging Income Fund
- Celanese hat Net debt/EBITDA von 4.21
- Flotek Industries Inc hat Net debt/EBITDA von 4.22
- Prime Resources Corp hat Net debt/EBITDA von 4.22
- Mako Mining hat Net debt/EBITDA von 4.23
- Ginger Beef hat Net debt/EBITDA von 4.23
- Provention Bio hat Net debt/EBITDA von 4.23
- Richards Packaging Income Fund hat Net debt/EBITDA von 4.24
- Talos Inc hat Net debt/EBITDA von 4.24
- Inovio Pharmaceuticals hat Net debt/EBITDA von 4.24
- Garibaldi Resources hat Net debt/EBITDA von 4.24
- Innovative Solutions And Support Inc hat Net debt/EBITDA von 4.25
- Sioen Industries NV hat Net debt/EBITDA von 4.25
- Pacifico Minerals hat Net debt/EBITDA von 4.25