Altech Chemicals Net debt/EBITDA
Quel est le Net debt/EBITDA de Altech Chemicals?
Le Net debt/EBITDA de Altech Chemicals Limited est 0.32
Quelle est la définition de 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 des entreprises dans Materials secteur sur ASX par rapport à Altech Chemicals
Que fait Altech Chemicals?
Altech Chemicals Limited focuses on producing high purity alumina used in the production of synthetic sapphire. It holds 100% interest in a kaolin deposit located in the Meckering, Western Australia. The company was formerly known as Australia Minerals and Mining Group Limited and changed its name to Altech Chemicals Limited in November 2014. Altech Chemicals Limited was incorporated in 2007 and is based in Subiaco, Australia.
Entreprises avec net debt/ebitda similaire à Altech Chemicals
- Kinsale Capital Inc a Net debt/EBITDA de 0.32
- Union Bankshares a Net debt/EBITDA de 0.32
- Mettler-Toledo International a Net debt/EBITDA de 0.32
- Quantify Technology a Net debt/EBITDA de 0.32
- Adamis Pharmaceuticals Corp a Net debt/EBITDA de 0.32
- Pretium Resources a Net debt/EBITDA de 0.32
- Altech Chemicals a Net debt/EBITDA de 0.32
- Amicus Therapeutics a Net debt/EBITDA de 0.32
- Atari SA a Net debt/EBITDA de 0.32
- Star Diamond a Net debt/EBITDA de 0.33
- Nuvei a Net debt/EBITDA de 0.33
- E. Bon a Net debt/EBITDA de 0.33
- Pacific Basin Shipping a Net debt/EBITDA de 0.33