Mineral Mountain Mining & Milling Co Net debt/EBITDA
What is the Net debt/EBITDA of Mineral Mountain Mining & Milling Co?
The Net debt/EBITDA of Mineral Mountain Mining & Milling Co. is -15.37
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 Materials sector on OTC compared to Mineral Mountain Mining & Milling Co
What does Mineral Mountain Mining & Milling Co do?
Quad M Solutions, Inc. operates as a financial, employee benefit, and insurance consulting company that provides health plans and comprehensive benefits to employees of small and medium size businesses. It also offers staffing services to various industries, as well as comprehensive human resources payroll services. The company was formerly known as Mineral Mountain Mining & Milling Company and changed its name to Quad M Solutions, Inc. in May 2019. Quad M Solutions, Inc. was incorporated in 1932 and is based in Edgewater, New Jersey.
Companies with net debt/ebitda similar to Mineral Mountain Mining & Milling Co
- Beyond Meat Inc has Net debt/EBITDA of -15.42
- 8x8 Inc has Net debt/EBITDA of -15.41
- Controladora Vuela Cia De Aviacion has Net debt/EBITDA of -15.40
- San Miguel Brewery Hong Kong has Net debt/EBITDA of -15.40
- Whitemud Resources has Net debt/EBITDA of -15.39
- Leveljump Healthcare has Net debt/EBITDA of -15.38
- Mineral Mountain Mining & Milling Co has Net debt/EBITDA of -15.37
- Century Sage Scientific has Net debt/EBITDA of -15.35
- iAnthus Capital has Net debt/EBITDA of -15.34
- China Apex has Net debt/EBITDA of -15.34
- VIQ Solutions has Net debt/EBITDA of -15.32
- Solarvest Bio has Net debt/EBITDA of -15.31
- IPE has Net debt/EBITDA of -15.30