ZW Data Action Technologies Inc Net debt/EBITDA
What is the Net debt/EBITDA of ZW Data Action Technologies Inc?
The Net debt/EBITDA of ZW Data Action Technologies Inc is 2.03
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 ZW Data Action Technologies Inc
What does ZW Data Action Technologies Inc do?
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Companies with net debt/ebitda similar to ZW Data Action Technologies Inc
- Great-West Lifeco has Net debt/EBITDA of 2.02
- Panasonic has Net debt/EBITDA of 2.02
- Panasonic has Net debt/EBITDA of 2.02
- PointsBet has Net debt/EBITDA of 2.02
- PanAsialum has Net debt/EBITDA of 2.02
- Eni S.p.A has Net debt/EBITDA of 2.03
- ZW Data Action Technologies Inc has Net debt/EBITDA of 2.03
- Compagnie de Saint-Gobain SA has Net debt/EBITDA of 2.03
- Compagnie de Saint-Gobain SA has Net debt/EBITDA of 2.03
- Compagnie de Saint-Gobain S.A has Net debt/EBITDA of 2.03
- Compagnie de Saint-Gobain SA has Net debt/EBITDA of 2.03
- Kintavar Exploration has Net debt/EBITDA of 2.03
- Cenovus Inc has Net debt/EBITDA of 2.03