Peak Resources Net debt/EBITDA
Cos'è Net debt/EBITDA di Peak Resources?
Net debt/EBITDA di Peak Resources Limited è 5.47
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 Peak Resources
Cosa fa Peak Resources?
Peak Rare Earths Limited engages in the exploration and evaluation of mineral licenses in Tanzania. The company explores for neodymium and praseodymium rare earth mixed oxides. It holds a 100% interest in the Ngualla Rare Earth project located in southern Tanzania. The company was formerly known as Peak Resources Limited and changed its name to Peak Rare Earths Limited in December 2021. Peak Rare Earths Limited was incorporated in 2005 and is based in Perth, Australia.
Aziende con net debt/ebitda simili a Peak Resources
- BP p.l.c ha Net debt/EBITDA di 5.46
- BP Plc ha Net debt/EBITDA di 5.46
- Deciphera Pharmaceuticals Inc ha Net debt/EBITDA di 5.47
- Argent Minerals ha Net debt/EBITDA di 5.47
- Hemisphere Media Inc ha Net debt/EBITDA di 5.47
- Deutsche Rohstoff AG ha Net debt/EBITDA di 5.47
- Peak Resources ha Net debt/EBITDA di 5.47
- Atomo Diagnostics ha Net debt/EBITDA di 5.48
- IGM ha Net debt/EBITDA di 5.48
- Wacker Chemie AG ha Net debt/EBITDA di 5.49
- Global Invacom ha Net debt/EBITDA di 5.49
- DeTai New ha Net debt/EBITDA di 5.49
- China Petroleum & Chemical ha Net debt/EBITDA di 5.49