PBF Inc Net debt/EBITDA
What is the Net debt/EBITDA of PBF Inc?
The Net debt/EBITDA of PBF Energy Inc is 0.46
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 Energy sector on NYSE compared to PBF Inc
What does PBF Inc do?
our mission is to identify attractive acquisition opportunities in the petroleum refining industry in north america and execute acquisitions that provide superior returns to our investors, provide employees with a safe and rewarding workplace, and become a positive influence in the communities where we do business.
Companies with net debt/ebitda similar to PBF Inc
- Exxon Mobil has Net debt/EBITDA of 0.45
- Canfield Medical Supply has Net debt/EBITDA of 0.45
- Koninklijke Brill NV has Net debt/EBITDA of 0.45
- Koninklijke Brill NV has Net debt/EBITDA of 0.45
- 49 North Resources has Net debt/EBITDA of 0.46
- Auto Trader plc has Net debt/EBITDA of 0.46
- PBF Inc has Net debt/EBITDA of 0.46
- Mercury General has Net debt/EBITDA of 0.46
- Compagnie du Bois Sauvage SA has Net debt/EBITDA of 0.47
- Compagnie du Bois Sauvage SA has Net debt/EBITDA of 0.47
- Resolute Forest Products Inc has Net debt/EBITDA of 0.47
- Tessenderlo NV has Net debt/EBITDA of 0.47
- CMC Metals has Net debt/EBITDA of 0.47