Kingold Jewelry Inc Net debt/EBITDA
Cos'è Net debt/EBITDA di Kingold Jewelry Inc?
Net debt/EBITDA di Kingold Jewelry Inc è -0.34
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 Consumer Discretionary settore su NASDAQ rispetto a Kingold Jewelry Inc
Cosa fa Kingold Jewelry Inc?
kingold jewelry, inc. designs, manufactures, and sells 24-karat gold jewelry and chinese ornaments in the people's republic of china. the company offers a range of in-house designed products, including gold necklaces, rings, earrings, bracelets, gold bars, and pendants. it also invests in gold. the company sells its products to wholesalers, distributors, and retailers under the kingold brand. kingold jewelry, inc. was founded in 2002 and is based in wuhan, the people's republic of china.
Aziende con net debt/ebitda simili a Kingold Jewelry Inc
- Consol Inc ha Net debt/EBITDA di -0.34
- Euro Sun Mining ha Net debt/EBITDA di -0.34
- ITT Inc ha Net debt/EBITDA di -0.34
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- Alexion Pharmaceuticals ha Net debt/EBITDA di -0.34
- ARB ha Net debt/EBITDA di -0.34
- Kingold Jewelry Inc ha Net debt/EBITDA di -0.34
- Basler Aktiengesellschaft ha Net debt/EBITDA di -0.34
- Novo Nordisk A/S ha Net debt/EBITDA di -0.33
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- Spineway Societe Anonyme ha Net debt/EBITDA di -0.33
- Vinacapital Vietnam Opportunity Fund (United Kingdom) ha Net debt/EBITDA di -0.33