Western Services Net debt/EBITDA
Cos'è Net debt/EBITDA di Western Services?
Net debt/EBITDA di Western Energy Services Corp. è 9.66
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 Energy settore su TSX rispetto a Western Services
Cosa fa Western Services?
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment to contracts with exploration and production companies. The Production Services segment offers well servicing rig and related equipment services, as well as oilfield rental equipment services to other oilfield service companies. The company owns and operates 57 drilling rigs; and 66 service rigs. It serves crude oil and natural gas exploration and production companies. The company is headquartered in Calgary, Canada.
Aziende con net debt/ebitda simili a Western Services
- Chico`s Fas ha Net debt/EBITDA di 9.66
- Covenant Transportation ha Net debt/EBITDA di 9.66
- Global Payments ha Net debt/EBITDA di 9.66
- U.S ha Net debt/EBITDA di 9.66
- Nexa Resources S.A ha Net debt/EBITDA di 9.66
- PRA Health Sciences Inc ha Net debt/EBITDA di 9.66
- Western Services ha Net debt/EBITDA di 9.66
- Relay Therapeutics ha Net debt/EBITDA di 9.66
- Methanex ha Net debt/EBITDA di 9.66
- U-Haul ha Net debt/EBITDA di 9.67
- Shanghai Pharmaceuticals Co ha Net debt/EBITDA di 9.67
- Orkla ASA ha Net debt/EBITDA di 9.68
- Crinetics Pharmaceuticals Inc ha Net debt/EBITDA di 9.68