Tietto Minerals Net debt/EBITDA
Qual é o Net debt/EBITDA de Tietto Minerals?
O Net debt/EBITDA de Tietto Minerals Limited é -0.36
Qual é a definição de 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 de empresas na Setor Materials em ASX em comparação com Tietto Minerals
O que Tietto Minerals faz?
Tietto Minerals Limited operates as a gold exploration and development company in Australia and West Africa. Its flagship project in the Abujar gold project comprising three tenements covering an area of 1,114 square kilometers located in central western region of Côte D'Ivoire. The company was incorporated in 2010 and is based in West Perth, Australia.
Empresas com net debt/ebitda semelhantes a Tietto Minerals
- Peeks Social tem Net debt/EBITDA de -0.38
- Antelope Enterprise tem Net debt/EBITDA de -0.37
- Synacor Inc tem Net debt/EBITDA de -0.37
- Jaxon Mining tem Net debt/EBITDA de -0.37
- Pharmagest Interactive SA tem Net debt/EBITDA de -0.36
- LBT Innovations tem Net debt/EBITDA de -0.36
- Tietto Minerals tem Net debt/EBITDA de -0.36
- Enerev5 Metals tem Net debt/EBITDA de -0.36
- Eagle Graphite tem Net debt/EBITDA de -0.36
- A2Z Technologies Canada tem Net debt/EBITDA de -0.35
- Yield10 Bioscience Inc tem Net debt/EBITDA de -0.35
- Atara Biotherapeutics Inc tem Net debt/EBITDA de -0.35
- Nex Metals Explorations tem Net debt/EBITDA de -0.35