Bed, Bath & Beyond Net debt/EBITDA
What is the Net debt/EBITDA of Bed, Bath & Beyond?
The Net debt/EBITDA of Bed, Bath & Beyond Inc. is -20.31
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 Consumer Discretionary sector on NASDAQ compared to Bed, Bath & Beyond
What does Bed, Bath & Beyond do?
bed bath & beyond inc., together with its subsidiaries, operates a chain of retail stores. it sells a range of domestic merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and certain juvenile products. the company also offers health and beauty care items, and giftware and household items, as well as infant and toddler merchandise. bed bath & beyond inc. operates stores under the names of bed bath & beyond (bbb); christmas tree shops; christmas tree shops andthat! or andthat! (cts); harmon or harmon face values (harmon); buybuy baby (baby); and world market, cost plus world market, and cost plus (cost plus world market). in addition, it provides various textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, food service, healthcare, and other industries. as of may 31, 2014,
Companies with net debt/ebitda similar to Bed, Bath & Beyond
- Jayex Healthcare has Net debt/EBITDA of -20.56
- Freedom Corp has Net debt/EBITDA of -20.53
- Clean Fuels Corp has Net debt/EBITDA of -20.52
- Palace Banquet has Net debt/EBITDA of -20.51
- BeWhere has Net debt/EBITDA of -20.37
- Dynatrace Inc has Net debt/EBITDA of -20.32
- Bed, Bath & Beyond has Net debt/EBITDA of -20.31
- Angus Plc has Net debt/EBITDA of -20.30
- Smiledirectclub Inc has Net debt/EBITDA of -20.27
- BaWang International () has Net debt/EBITDA of -20.22
- Funding Circle plc has Net debt/EBITDA of -20.22
- Cardlytics Inc has Net debt/EBITDA of -20.20
- Telefonaktiebolaget L M Ericsson has Net debt/EBITDA of -20.09