Original Sixteen to One Mine Net debt/EBITDA
Quel est le Net debt/EBITDA de Original Sixteen to One Mine?
Le Net debt/EBITDA de Original Sixteen to One Mine, Inc. est -1.07
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 OTC par rapport à Original Sixteen to One Mine
Que fait Original Sixteen to One Mine?
Original Sixteen to One Mine, Inc. explores for, produces, and operates gold properties in California. It primarily operates Alleghany Mining District, a hard rock underground gold mine in California. The company holds 26 patented claims covering an area of 470 acres; 160 acres of mineral rights on patented claims; and approximately 320 acres of unpatented claims in the Alleghany properties. Original Sixteen to One Mine, Inc. was founded in 1896 and is based in Alleghany, California.
Entreprises avec net debt/ebitda similaire à Original Sixteen to One Mine
- CardieX a Net debt/EBITDA de -1.09
- Gamco Investors Inc a Net debt/EBITDA de -1.09
- Sparton Resources a Net debt/EBITDA de -1.08
- Lindsay a Net debt/EBITDA de -1.08
- Opthea a Net debt/EBITDA de -1.08
- INEO Tech a Net debt/EBITDA de -1.08
- Original Sixteen to One Mine a Net debt/EBITDA de -1.07
- Condor Petroleum a Net debt/EBITDA de -1.07
- Hargreaves Services Plc a Net debt/EBITDA de -1.06
- China Telecom a Net debt/EBITDA de -1.06
- Alvopetro a Net debt/EBITDA de -1.06
- American Cannabis Co a Net debt/EBITDA de -1.06
- Wanda Hotel Development a Net debt/EBITDA de -1.06