Cox & Kings Net debt/EBITDA

Qual é o Net debt/EBITDA de Cox & Kings?

O Net debt/EBITDA de Cox & Kings Limited é N/A

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.

O que Cox & Kings faz?

Cox & Kings Limited provides tours and travel services worldwide. It primarily offers destination management, outbound tourism, business travel, incentive and conference solutions, domestic holidays, and trade fairs services. The company was formerly known as Cox and Kings (India) Limited and changed its name to Cox & Kings Limited in July 2010. Cox & Kings Limited was founded in 1758 and is based in Mumbai, India.