PolyMet Mining Net debt/EBITDA
Cos'è Net debt/EBITDA di PolyMet Mining?
Net debt/EBITDA di PolyMet Mining Corp. è -23.81
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 TSX rispetto a PolyMet Mining
Cosa fa PolyMet Mining?
PolyMet Mining Corp., through its subsidiary, Poly Met Mining, Inc., explores for and develops natural resource properties. Its primary mineral property is the NorthMet project, a polymetallic project that hosts copper, nickel, cobalt, gold, silver, and platinum group metal mineralization covering an area of approximately 4,300 acres located in northeastern Minnesota, the United States. The company was formerly known as Fleck Resources Ltd. and changed its name to PolyMet Mining Corp. in June 1998. PolyMet Mining Corp. was incorporated in 1981 and is headquartered in Saint Paul, Minnesota.
Aziende con net debt/ebitda simili a PolyMet Mining
- Qidian International Co ha Net debt/EBITDA di -23.89
- LongiTech Smart ha Net debt/EBITDA di -23.88
- Sport Lisboa e Benfica - Futebol, SAD ha Net debt/EBITDA di -23.85
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- First Solar ha Net debt/EBITDA di -23.82
- FirstService Corp ha Net debt/EBITDA di -23.82
- PolyMet Mining ha Net debt/EBITDA di -23.81
- Elevation Gold Mining Corporati ha Net debt/EBITDA di -23.77
- ASX ha Net debt/EBITDA di -23.76
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