Apartment Investment & Management Co Net debt/EBITDA
What is the Net debt/EBITDA of Apartment Investment & Management Co?
The Net debt/EBITDA of Apartment Investment & Management Co. is 58.93
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 Real Estate sector on NYSE compared to Apartment Investment & Management Co
What does Apartment Investment & Management Co do?
aimco is one of the nation’s premier apartment home providers delivering a quality living experience to our residents every day. the key to our success is our people. our employees care about our residents and it shows. from the first interaction to the last, our people make a world of difference in the lives of our residents. needless to say, we are passionate about finding the right people and nurturing their growth within aimco.
from corporate to leasing to maintenance we are always looking for to add the best talent in the industry to our team. want to learn more?
check out our open positions at www.aimco.com/careers & read more about what our employees are saying on glassdoor.
we cannot wait to welcome you to your new professional home!
Companies with net debt/ebitda similar to Apartment Investment & Management Co
- LNA Sante SA has Net debt/EBITDA of 58.55
- FPX Nickel has Net debt/EBITDA of 58.64
- AVJennings has Net debt/EBITDA of 58.66
- Brookfield Property Partners LP has Net debt/EBITDA of 58.84
- Intu Properties Plc has Net debt/EBITDA of 58.84
- Tasty plc has Net debt/EBITDA of 58.88
- Apartment Investment & Management Co has Net debt/EBITDA of 58.93
- Ambrx Biopharma has Net debt/EBITDA of 59.09
- 888 Plc has Net debt/EBITDA of 59.10
- BBX Capital has Net debt/EBITDA of 59.13
- Exela Technologies Inc has Net debt/EBITDA of 59.15
- Comtech Telecommunications has Net debt/EBITDA of 59.16
- Diversified Healthcare Trust has Net debt/EBITDA of 59.19