Magnis Resources Net debt/EBITDA
Cos'è Net debt/EBITDA di Magnis Resources?
Net debt/EBITDA di Magnis Resources Limited è -12.61
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 Technology settore su ASX rispetto a Magnis Resources
Cosa fa Magnis Resources?
Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. It primarily explores for natural flake graphite used in batteries for storing electrical energy. The company holds a 100% interest in the Nachu graphite project located in southeast Tanzania. It also engages in the lithium-ion Battery investments. The company was formerly known as Magnis Resources Limited and changed its name to Magnis Energy Technologies Limited in November 2018. Magnis Energy Technologies Limited was incorporated in 2005 and is based in Sydney, Australia.
Aziende con net debt/ebitda simili a Magnis Resources
- Skylight Health ha Net debt/EBITDA di -12.73
- PLBY ha Net debt/EBITDA di -12.70
- Mannatech Inc ha Net debt/EBITDA di -12.66
- Suzhou Maxwell Technologies Co ha Net debt/EBITDA di -12.66
- Hi Sun Technology (China) ha Net debt/EBITDA di -12.64
- Sinolink Worldwide ha Net debt/EBITDA di -12.64
- Magnis Resources ha Net debt/EBITDA di -12.61
- OptiNose Inc ha Net debt/EBITDA di -12.60
- Lippo China Resources ha Net debt/EBITDA di -12.59
- Alphatec Inc ha Net debt/EBITDA di -12.59
- Heritage Insurance ha Net debt/EBITDA di -12.58
- F&G Annuities & Life Inc ha Net debt/EBITDA di -12.58
- Pressure BioSciences ha Net debt/EBITDA di -12.57