AXMIN Net debt/EBITDA
Was ist das Net debt/EBITDA von AXMIN?
Net debt/EBITDA von AXMIN, Inc. ist -0.24
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 TSXV im Vergleich zu AXMIN
Was macht AXMIN?
AXMIN Inc., a development stage company, engages in the exploration and development of mineral properties in central and West Africa. The company explores for gold properties. Its primary asset is the Passendro gold project located in Central African Republic. The company also holds a royalty interest in the Senegal project located in the Birimian belt of eastern Senegal. AXMIN Inc. is based in Vancouver, Canada.
Unternehmen mit net debt/ebitda ähnlich AXMIN
- Norsk Hydro ASA hat Net debt/EBITDA von -0.25
- Numinus Wellness Inc hat Net debt/EBITDA von -0.25
- LH hat Net debt/EBITDA von -0.25
- VAALCO hat Net debt/EBITDA von -0.25
- Charlotte's Web hat Net debt/EBITDA von -0.24
- K.B. Recycling Industries hat Net debt/EBITDA von -0.24
- AXMIN hat Net debt/EBITDA von -0.24
- Core Economy Investment hat Net debt/EBITDA von -0.23
- Torian Resources hat Net debt/EBITDA von -0.23
- Globe International hat Net debt/EBITDA von -0.23
- ABIVAX Societe Anonyme hat Net debt/EBITDA von -0.23
- Hemisphere hat Net debt/EBITDA von -0.23
- Romios Gold Resources hat Net debt/EBITDA von -0.23