O Net debt/EBITDA de Bangfu Technology Group Co Ltd. é N/A
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.
Bangfu Technology Group Co., Ltd. does not have significant operations. It intends to develop personal daily life assistance mobile applications, online educational trainings, and employment recruitment services. The company was formerly known as Kelinda, Inc. and changed its name to Bangfu Technology Group Co., Ltd. in June 2020. Bangfu Technology Group Co., Ltd. was incorporated in 2017 and is based in Liuzhou, the People's Republic of China.