MercadoLibre Inc Net debt/EBITDA
What is the Net debt/EBITDA of MercadoLibre Inc?
The Net debt/EBITDA of MercadoLibre Inc is -9.68
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 MercadoLibre Inc
What does MercadoLibre Inc do?
founded in 1999 and headquartered in buenos aires, argentina, mercadolibre is latin america’s leading e-commerce technology company. through its primary platforms, mercadolibre.com and mercadopago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods online. mercadolibre.com serves millions of users and creates a market for a wide variety of goods and services in an easy, safe and efficient way. the site is among the top 50 in the world in terms of page views and is the leading retail platform in unique visitors in each country in which it operates according to metrics provided by comscore networks. mercadolibre maintains a leadership position in 13 latin american countries. the company listed on nasdaq (nasdaq: meli) following its initial public offering in 2007.
Companies with net debt/ebitda similar to MercadoLibre Inc
- Eckert & Ziegler Strahlen- und Medizintechnik AG has Net debt/EBITDA of -9.72
- Upwork Inc has Net debt/EBITDA of -9.71
- Tradeweb Markets Inc has Net debt/EBITDA of -9.71
- Anxian Yuan China has Net debt/EBITDA of -9.69
- Profire Inc has Net debt/EBITDA of -9.69
- China BlueChemical Ltd has Net debt/EBITDA of -9.68
- MercadoLibre Inc has Net debt/EBITDA of -9.68
- Wah Sun Handbags International has Net debt/EBITDA of -9.67
- Getinge AB has Net debt/EBITDA of -9.66
- Dundee Precious Metals has Net debt/EBITDA of -9.64
- Next Green Wave has Net debt/EBITDA of -9.63
- Dolphin Capital Investors has Net debt/EBITDA of -9.62
- Kromek Plc has Net debt/EBITDA of -9.62