Alaska Communications Systems Inc Net debt/EBITDA
What is the Net debt/EBITDA of Alaska Communications Systems Inc?
The Net debt/EBITDA of Alaska Communications Systems Group Inc is 14.50
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 Communication Services sector on NASDAQ compared to Alaska Communications Systems Inc
What does Alaska Communications Systems Inc do?
Alaska Communications is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska. The company operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous U.S.
Companies with net debt/ebitda similar to Alaska Communications Systems Inc
- Buru has Net debt/EBITDA of 14.49
- Flowers Foods has Net debt/EBITDA of 14.50
- Hasbro has Net debt/EBITDA of 14.50
- United Insurance Corp has Net debt/EBITDA of 14.50
- Mota-Engil SGPS SA has Net debt/EBITDA of 14.50
- BlackRock New York Municipal Income Quality Trust has Net debt/EBITDA of 14.50
- Alaska Communications Systems Inc has Net debt/EBITDA of 14.50
- Hamilton Thorne has Net debt/EBITDA of 14.51
- Teekay LNG Partners LP has Net debt/EBITDA of 14.51
- RCM Technologies has Net debt/EBITDA of 14.52
- Huazhong In-Vehicle has Net debt/EBITDA of 14.52
- Urstadt Biddle Properties has Net debt/EBITDA of 14.52
- Orbcomm Inc has Net debt/EBITDA of 14.52