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Boingo Wireless Inc Net debt/EBITDA

What is the Net debt/EBITDA of Boingo Wireless Inc?

The Net debt/EBITDA of Boingo Wireless Inc is -70.25

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 Boingo Wireless Inc

What does Boingo Wireless Inc do?

Boingo Wireless, Inc. helps the world stay connected. Its vast footprint of DAS, Wi-Fi and small cells reaches more than a billion people annually, making Boingo one of the largest providers of indoor wireless networks. People will find Boingo connecting people and things at airports, stadiums, military bases, convention centers, multifamily communities, and commercial properties.

Companies with net debt/ebitda similar to Boingo Wireless Inc