MGE Net debt/EBITDA
Cos'è Net debt/EBITDA di MGE?
Net debt/EBITDA di MGE Energy, Inc. è 12.57
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 Utilities settore su NASDAQ rispetto a MGE
Cosa fa MGE?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Aziende con net debt/ebitda simili a MGE
- AXA SA ha Net debt/EBITDA di 12.54
- Tenet Healthcare ha Net debt/EBITDA di 12.56
- The Kraft Heinz ha Net debt/EBITDA di 12.56
- Liberty TripAdvisor ha Net debt/EBITDA di 12.56
- Silver Mines ha Net debt/EBITDA di 12.56
- Maxim Power ha Net debt/EBITDA di 12.57
- MGE ha Net debt/EBITDA di 12.57
- Bce Inc ha Net debt/EBITDA di 12.57
- Loews ha Net debt/EBITDA di 12.58
- Tiltrenew Fpo Nzx ha Net debt/EBITDA di 12.58
- Heineken NV ha Net debt/EBITDA di 12.59
- Core Laboratories Inc ha Net debt/EBITDA di 12.59
- Western Midstream Partners LP ha Net debt/EBITDA di 12.59