FedNat Co Net debt/EBITDA
Quel est le Net debt/EBITDA de FedNat Co?
Le Net debt/EBITDA de FedNat Holding Co est 72.51
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 Finance secteur sur NASDAQ par rapport à FedNat Co
Que fait FedNat Co?
FedNat Holding Company is a regional insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through its subsidiaries and contractual relationships with independent agents and general agents. The Company, through its wholly owned subsidiaries FedNat Insurance Company, Maison Insurance Company, and Monarch National Insurance Company, is focused on providing homeowners insurance in Florida, Texas, Louisiana, Alabama, South Carolina and Mississippi.
Entreprises avec net debt/ebitda similaire à FedNat Co
- Meridian Corp a Net debt/EBITDA de 71.93
- Fonciere Inea S.A a Net debt/EBITDA de 72.13
- I-Mab a Net debt/EBITDA de 72.20
- Tidewater Renewables Ltd a Net debt/EBITDA de 72.38
- Xiwang Property a Net debt/EBITDA de 72.40
- Shiloh Industries a Net debt/EBITDA de 72.44
- FedNat Co a Net debt/EBITDA de 72.51
- So-Young International a Net debt/EBITDA de 72.60
- Select Harvests a Net debt/EBITDA de 72.85
- Ellington Credit Co a Net debt/EBITDA de 72.90
- NexPoint Hospitality Trust a Net debt/EBITDA de 72.90
- WH Smith Plc a Net debt/EBITDA de 72.98
- Katek Se Inh O.N a Net debt/EBITDA de 73.29