The Net debt/EBITDA of Youngevity International Inc is -43.01
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.
youngevity international, inc. develops and distributes health and nutrition related products and services in the united states and internationally. it operates in three segments: direct selling, commercial coffee, and commercial hemp. the company offers nutritional supplements, gourmet coffee, weight management products, skincare and cosmetics, health and wellness, packaged foods, lifestyle products, pet care, digital products, telecare health services, apparel and fashion accessories, and business lending products. it also produces and sells coffee products under the cafã© la rica, cafã© alma, josie's java house, javalution urban grind, javalution daily grind, and javalution royal roast brands; and produces and markets a line of coffees under the javafit brand directly to consumers. in addition, it offers cannabidiol oils from hemp stock. the company sells coffee and equipment to wellness and retirement communities, and various cruise lines and coffee service operators, as well as th