Venturex Resources Net debt/EBITDA
Cos'è Net debt/EBITDA di Venturex Resources?
Net debt/EBITDA di Venturex Resources Limited è -6.57
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 Venturex Resources
Cosa fa Venturex Resources?
Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. Venturex Resources Limited was incorporated in 2006 and is based in West Perth, Australia.
Aziende con net debt/ebitda simili a Venturex Resources
- Wayfair ha Net debt/EBITDA di -6.61
- Ariadne Australia ha Net debt/EBITDA di -6.60
- SiS Mobile ha Net debt/EBITDA di -6.60
- Xilinx ha Net debt/EBITDA di -6.57
- Xilinx ha Net debt/EBITDA di -6.57
- Christina Lake Cannabis ha Net debt/EBITDA di -6.57
- Venturex Resources ha Net debt/EBITDA di -6.57
- Xin Point ha Net debt/EBITDA di -6.56
- Trean Insurance ha Net debt/EBITDA di -6.56
- Ivanhoe Mines ha Net debt/EBITDA di -6.55
- Midway ha Net debt/EBITDA di -6.54
- Cofidur SA ha Net debt/EBITDA di -6.54
- Waverley Pharma ha Net debt/EBITDA di -6.53