Acadia Healthcare Inc Net debt/EBITDA
What is the Net debt/EBITDA of Acadia Healthcare Inc?
The Net debt/EBITDA of Acadia Healthcare Company Inc is 9.84
What is the definition of 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 of companies in the Health Care sector on NASDAQ compared to Acadia Healthcare Inc
What does Acadia Healthcare Inc do?
acadia is a provider of inpatient and outpatient behavioral health and addiction treatment services. acadia operates a network of 225 behavioral healthcare facilities with approximately 9,190 beds in 37 states, the united kingdom and puerto rico. acadia provides psychiatric and chemical dependency services to its patients in a variety of settings, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. acadia healthcare’s behavioral health treatment facilities are specialized solely in helping children, teenagers and adults suffering from mental health disorders and/or alcohol and drug addiction.
Companies with net debt/ebitda similar to Acadia Healthcare Inc
- Grupo Aeroportuario del Centro Norte S.A.B de C.V has Net debt/EBITDA of 9.82
- InvoCare has Net debt/EBITDA of 9.82
- Razor has Net debt/EBITDA of 9.83
- Tractor Supply Co has Net debt/EBITDA of 9.83
- Global Payments has Net debt/EBITDA of 9.83
- Clearwater Paper Corp has Net debt/EBITDA of 9.83
- Acadia Healthcare Inc has Net debt/EBITDA of 9.84
- Minth has Net debt/EBITDA of 9.84
- BabyTree has Net debt/EBITDA of 9.84
- Antevenio, S.A has Net debt/EBITDA of 9.84
- BWX Technologies Inc has Net debt/EBITDA of 9.84
- NexJ Systems has Net debt/EBITDA of 9.84
- Intertape Polymer has Net debt/EBITDA of 9.85