Net debt/EBITDA společnosti IGO
Jaká je hodnota metriky Net debt/EBITDA společnosti IGO?
Hodnota metriky Net debt/EBITDA společnosti IGO Limited je -2.12
Jaká je definice metriky 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 společností v sektoru Materials sektor na ASX ve srovnání se společností IGO
Čemu se věnuje společnost IGO?
IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located in the Great Western Woodlands, northeast of Norseman. The company's primary properties are the Fraser Range nickel-copper and Paterson copper projects. It focuses on investing in lithium mines, as well as holds 100% interest in the downstream processing refinery at Kwinana in Western Australia to produce battery grade lithium hydroxide. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. IGO Limited was incorporated in 2000 and is headquartered in Perth, Australia.
Firmy s metrikou net debt/ebitda podobnou společnosti IGO
- Hodnota metriky Net debt/EBITDA společnosti MCI Onehealth Technologies je -2.13
- Hodnota metriky Net debt/EBITDA společnosti Granada Gold Mine je -2.13
- Hodnota metriky Net debt/EBITDA společnosti Anglo American Platinum je -2.13
- Hodnota metriky Net debt/EBITDA společnosti Travelzoo je -2.13
- Hodnota metriky Net debt/EBITDA společnosti Tsui Wah je -2.12
- Hodnota metriky Net debt/EBITDA společnosti Mesabi Trust je -2.12
- Hodnota metriky Net debt/EBITDA společnosti IGO je -2.12
- Hodnota metriky Net debt/EBITDA společnosti International Cannabrands je -2.12
- Hodnota metriky Net debt/EBITDA společnosti Costco Wholesale je -2.12
- Hodnota metriky Net debt/EBITDA společnosti Infosys je -2.11
- Hodnota metriky Net debt/EBITDA společnosti Fuyao Glass Industry Co je -2.10
- Hodnota metriky Net debt/EBITDA společnosti Stifel je -2.10
- Hodnota metriky Net debt/EBITDA společnosti West Fraser Timber Co je -2.09