Net debt/EBITDA společnosti Petroteq
Jaká je hodnota metriky Net debt/EBITDA společnosti Petroteq?
Hodnota metriky Net debt/EBITDA společnosti Petroteq Energy, Inc. je -2.18
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 Energy sektor na TSXV ve srovnání se společností Petroteq
Čemu se věnuje společnost Petroteq?
Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States. It holds rights to mine, extract, and produce oil and associated hydrocarbons and minerals from oil sands containing heavy oil and bitumen under mineral leases covering approximately 1,671,91 acres in the Asphalt Ridge area of Utah, including 320 acres held under the TMC Mineral Lease and an additional 1,351.91 acres held under three Temple Mountain State of Utah's School and Institutional Trust Land Administration Leases. The company also operates rights under five leases covering lands consisting of approximately 5,960 acres situated in Uintah, Wayne, and Garfield Counties, Utah. In addition, it is developing a blockchain-powered supply chain management platform for the oil and gas industry. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.
Firmy s metrikou net debt/ebitda podobnou společnosti Petroteq
- Hodnota metriky Net debt/EBITDA společnosti Globex Mining Enterprises je -2.19
- Hodnota metriky Net debt/EBITDA společnosti Amarillo Biosciences je -2.19
- Hodnota metriky Net debt/EBITDA společnosti CNOOC je -2.19
- Hodnota metriky Net debt/EBITDA společnosti Canada Rare Earth je -2.18
- Hodnota metriky Net debt/EBITDA společnosti Cardinal Resources je -2.18
- Hodnota metriky Net debt/EBITDA společnosti AF Gruppen ASA je -2.18
- Hodnota metriky Net debt/EBITDA společnosti Petroteq je -2.18
- Hodnota metriky Net debt/EBITDA společnosti Hengan International je -2.17
- Hodnota metriky Net debt/EBITDA společnosti Hengan International Co je -2.17
- Hodnota metriky Net debt/EBITDA společnosti Prism Resources je -2.17
- Hodnota metriky Net debt/EBITDA společnosti ICC Inc je -2.17
- Hodnota metriky Net debt/EBITDA společnosti Beng Soon Machinery je -2.16
- Hodnota metriky Net debt/EBITDA společnosti Cadence Design Systems je -2.16