Net debt/EBITDA společnosti Champion Iron
Jaká je hodnota metriky Net debt/EBITDA společnosti Champion Iron?
Hodnota metriky Net debt/EBITDA společnosti Champion Iron Ltd. je -2.32
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 OTC ve srovnání se společností Champion Iron
Čemu se věnuje společnost Champion Iron?
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in North-Eastern Quebec. Its flagship project include the Bloom Lake mine, which consists of BM877 mining lease covering an area of 6,857.63 ha and 53 mining claims comprising an area of approximately 2,458.29 ha located in Quebec, Canada; and the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in northeastern Quebec. The company was formerly known as Champion Iron Mines Limited and changed its name to Champion Iron Limited in March 2014. Champion Iron Limited is headquartered in Rozelle, Australia.
Firmy s metrikou net debt/ebitda podobnou společnosti Champion Iron
- Hodnota metriky Net debt/EBITDA společnosti Assertio je -2.33
- Hodnota metriky Net debt/EBITDA společnosti Beijing Bayi Space LCD Technology Co je -2.33
- Hodnota metriky Net debt/EBITDA společnosti Galantas Gold je -2.32
- Hodnota metriky Net debt/EBITDA společnosti Lifevantage je -2.32
- Hodnota metriky Net debt/EBITDA společnosti OFX je -2.32
- Hodnota metriky Net debt/EBITDA společnosti Fortune Sun (China) je -2.32
- Hodnota metriky Net debt/EBITDA společnosti Champion Iron je -2.32
- Hodnota metriky Net debt/EBITDA společnosti Himax Technologies je -2.32
- Hodnota metriky Net debt/EBITDA společnosti AeroGrow International je -2.32
- Hodnota metriky Net debt/EBITDA společnosti Singapore Exchange je -2.32
- Hodnota metriky Net debt/EBITDA společnosti Sekisui House je -2.31
- Hodnota metriky Net debt/EBITDA společnosti TRX Gold Corp je -2.31
- Hodnota metriky Net debt/EBITDA společnosti Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft je -2.31