TAG Oil Net debt/EBITDA
Cos'è Net debt/EBITDA di TAG Oil?
Net debt/EBITDA di TAG Oil Ltd. è 15.90
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 TSXV rispetto a TAG Oil
Cosa fa TAG Oil?
TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, New Zealand, and Australia. It operates exploration and production permits in New Zealand; and an exploration and production permit in Australia. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. TAG Oil Ltd. was incorporated in 1990 and is headquartered in Vancouver, Canada.
Aziende con net debt/ebitda simili a TAG Oil
- Enel SpA ha Net debt/EBITDA di 15.88
- Dios Exploration ha Net debt/EBITDA di 15.88
- 5N Plus ha Net debt/EBITDA di 15.89
- WideOpenWest Inc ha Net debt/EBITDA di 15.89
- Tai Hing ha Net debt/EBITDA di 15.90
- SPIE SA ha Net debt/EBITDA di 15.90
- TAG Oil ha Net debt/EBITDA di 15.90
- Sally Beauty Inc ha Net debt/EBITDA di 15.90
- Hidili Industry International Development ha Net debt/EBITDA di 15.90
- Siemens Aktiengesellschaft ha Net debt/EBITDA di 15.90
- Siemens Aktiengesellschaft ha Net debt/EBITDA di 15.90
- Cleanaway Waste Management ha Net debt/EBITDA di 15.91
- Intevac ha Net debt/EBITDA di 15.91