Magnum Mining and Exploration Net debt/EBITDA
Cos'è Net debt/EBITDA di Magnum Mining and Exploration?
Net debt/EBITDA di Magnum Mining and Exploration Limited è 1.82
Qual è la definizione di 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 di aziende nel Materials settore su ASX rispetto a Magnum Mining and Exploration
Cosa fa Magnum Mining and Exploration?
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties. The company owns a 74% interest in the Gravelotte emerald project located in the Limpopo province of South Africa. It has a purchase agreement to acquire a 100% interest in the Buena Vista iron ore project located in Nevada, United States. The company was incorporated in 1986 and is based in Sydney, Australia.
Aziende con net debt/ebitda simili a Magnum Mining and Exploration
- Aptargroup ha Net debt/EBITDA di 1.82
- Stride Inc ha Net debt/EBITDA di 1.82
- GAN ha Net debt/EBITDA di 1.82
- Apple ha Net debt/EBITDA di 1.82
- Zephyr plc ha Net debt/EBITDA di 1.82
- Rincon Resources ha Net debt/EBITDA di 1.82
- Magnum Mining and Exploration ha Net debt/EBITDA di 1.82
- Deere ha Net debt/EBITDA di 1.82
- Betmakers Technology Ltd ha Net debt/EBITDA di 1.82
- Montem Resources ha Net debt/EBITDA di 1.83
- Alpha Cognition ha Net debt/EBITDA di 1.83
- Helius Medical Technologies Inc ha Net debt/EBITDA di 1.83
- Sandstorm Gold Ltd ha Net debt/EBITDA di 1.83