Beacon Roofing Supply Inc Net debt/EBITDA
What is the Net debt/EBITDA of Beacon Roofing Supply Inc?
The Net debt/EBITDA of Beacon Roofing Supply Inc is 14.54
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 Materials sector on NASDAQ compared to Beacon Roofing Supply Inc
What does Beacon Roofing Supply Inc do?
beacon roofing supply, inc. is one of the largest distributors of residential and non-residential roofing and complementary building products in north america. the geographic footprint includes 359 locations in 45 states and 6 canadian provinces with more than 4,000 employees. we are known throughout the building supply industry for having quality people, quality service and quality building products. quick facts: - north america's largest publicly traded roofing distributor - 359 locations - stores in 45 us states and 6 canadian provinces - a fortune 1000 company - traded on the nasdaq stock exchange under the symbol becn interested in a career with beacon roofing supply, inc? be sure to stop by the careers section of our corporate website! http://www.beaconroofingsupply.com/careers.html regional brands: - alabama roofing supply - all weather products - beacon roofing supply canada company - beacon sales - best distributing - cassady pierce - coastal metal service
Companies with net debt/ebitda similar to Beacon Roofing Supply Inc
- 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
- Abo Wind Ag O.N has Net debt/EBITDA of 14.52
- Integer Corp has Net debt/EBITDA of 14.53
- Beacon Roofing Supply Inc has Net debt/EBITDA of 14.54
- Senior Plc has Net debt/EBITDA of 14.54
- Trigiant has Net debt/EBITDA of 14.54
- Verizon Communications Inc has Net debt/EBITDA of 14.54
- Allegiant Gold has Net debt/EBITDA of 14.55
- Alphamab Oncology has Net debt/EBITDA of 14.55
- Nine Dragons Paper has Net debt/EBITDA of 14.56