Kingold Jewelry Inc Net debt/EBITDA
Quel est le Net debt/EBITDA de Kingold Jewelry Inc?
Le Net debt/EBITDA de Kingold Jewelry Inc est -0.34
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 Consumer Discretionary secteur sur NASDAQ par rapport à Kingold Jewelry Inc
Que fait Kingold Jewelry Inc?
kingold jewelry, inc. designs, manufactures, and sells 24-karat gold jewelry and chinese ornaments in the people's republic of china. the company offers a range of in-house designed products, including gold necklaces, rings, earrings, bracelets, gold bars, and pendants. it also invests in gold. the company sells its products to wholesalers, distributors, and retailers under the kingold brand. kingold jewelry, inc. was founded in 2002 and is based in wuhan, the people's republic of china.
Entreprises avec net debt/ebitda similaire à Kingold Jewelry Inc
- Consol Inc a Net debt/EBITDA de -0.34
- Euro Sun Mining a Net debt/EBITDA de -0.34
- ITT Inc a Net debt/EBITDA de -0.34
- Emerald Clinics a Net debt/EBITDA de -0.34
- Alexion Pharmaceuticals a Net debt/EBITDA de -0.34
- ARB a Net debt/EBITDA de -0.34
- Kingold Jewelry Inc a Net debt/EBITDA de -0.34
- Basler Aktiengesellschaft a Net debt/EBITDA de -0.34
- Novo Nordisk A/S a Net debt/EBITDA de -0.33
- Gratomic a Net debt/EBITDA de -0.33
- Arrow Minerals a Net debt/EBITDA de -0.33
- Spineway Societe Anonyme a Net debt/EBITDA de -0.33
- Vinacapital Vietnam Opportunity Fund (United Kingdom) a Net debt/EBITDA de -0.33