TAG Oil Net debt/EBITDA
Was ist das Net debt/EBITDA von TAG Oil?
Net debt/EBITDA von TAG Oil Ltd. ist 15.90
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 TSXV im Vergleich zu TAG Oil
Was macht TAG Oil?
TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, New Zealand, and Australia. It operates exploration and production permits in New Zealand; and an exploration and production permit in Australia. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. TAG Oil Ltd. was incorporated in 1990 and is headquartered in Vancouver, Canada.
Unternehmen mit net debt/ebitda ähnlich TAG Oil
- Enel SpA hat Net debt/EBITDA von 15.88
- Dios Exploration hat Net debt/EBITDA von 15.88
- 5N Plus hat Net debt/EBITDA von 15.89
- WideOpenWest Inc hat Net debt/EBITDA von 15.89
- Tai Hing hat Net debt/EBITDA von 15.90
- SPIE SA hat Net debt/EBITDA von 15.90
- TAG Oil hat Net debt/EBITDA von 15.90
- Sally Beauty Inc hat Net debt/EBITDA von 15.90
- Hidili Industry International Development hat Net debt/EBITDA von 15.90
- Siemens Aktiengesellschaft hat Net debt/EBITDA von 15.90
- Siemens Aktiengesellschaft hat Net debt/EBITDA von 15.90
- Cleanaway Waste Management hat Net debt/EBITDA von 15.91
- Intevac hat Net debt/EBITDA von 15.91