Western Services Net debt/EBITDA
Was ist das Net debt/EBITDA von Western Services?
Net debt/EBITDA von Western Energy Services Corp. ist 9.66
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 Energy Sektor auf TSX im Vergleich zu Western Services
Was macht Western Services?
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment to contracts with exploration and production companies. The Production Services segment offers well servicing rig and related equipment services, as well as oilfield rental equipment services to other oilfield service companies. The company owns and operates 57 drilling rigs; and 66 service rigs. It serves crude oil and natural gas exploration and production companies. The company is headquartered in Calgary, Canada.
Unternehmen mit net debt/ebitda ähnlich Western Services
- Chico`s Fas hat Net debt/EBITDA von 9.66
- Covenant Transportation hat Net debt/EBITDA von 9.66
- Global Payments hat Net debt/EBITDA von 9.66
- U.S hat Net debt/EBITDA von 9.66
- Nexa Resources S.A hat Net debt/EBITDA von 9.66
- PRA Health Sciences Inc hat Net debt/EBITDA von 9.66
- Western Services hat Net debt/EBITDA von 9.66
- Relay Therapeutics hat Net debt/EBITDA von 9.66
- Methanex hat Net debt/EBITDA von 9.66
- U-Haul hat Net debt/EBITDA von 9.67
- Shanghai Pharmaceuticals Co hat Net debt/EBITDA von 9.67
- Orkla ASA hat Net debt/EBITDA von 9.68
- Crinetics Pharmaceuticals Inc hat Net debt/EBITDA von 9.68