Bancorp 34 Inc Net debt/EBITDA
What is the Net debt/EBITDA of Bancorp 34 Inc?
The Net debt/EBITDA of Bancorp 34 Inc is 93.44
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 Finance sector on NASDAQ compared to Bancorp 34 Inc
What does Bancorp 34 Inc do?
the rewards and successes of those willing to stand independent are evident. since 1934, we’ve been standing independent and achieving these same successes while working to help our clients to do the same. we’re a local bank dedicated to truly helping you realize your passion of individualism and innovation, and reap the rewards of your creative efforts. our genuine attention to customer care has been shaped by our own lessons learned from what it takes to remain authentic in a world of large banks. we’re proud to stand independent, and feel privileged to help you do the same.
Companies with net debt/ebitda similar to Bancorp 34 Inc
- Harvest Capital Credit Corp has Net debt/EBITDA of 92.39
- Minmetals Land has Net debt/EBITDA of 92.94
- King Stone has Net debt/EBITDA of 92.98
- Pan Andean Minerals has Net debt/EBITDA of 93.00
- Randolph Bancorp Inc has Net debt/EBITDA of 93.14
- Prudential Bancorp Inc has Net debt/EBITDA of 93.34
- Bancorp 34 Inc has Net debt/EBITDA of 93.44
- ECN Capital has Net debt/EBITDA of 93.63
- Leaf Mobile Inc has Net debt/EBITDA of 93.79
- Kardan N.V has Net debt/EBITDA of 93.85
- Fosun International has Net debt/EBITDA of 93.92
- Aluminum Of China has Net debt/EBITDA of 94.01
- Cineplex has Net debt/EBITDA of 94.26