Cronos Net debt/EBITDA
Qual é o Net debt/EBITDA de Cronos?
O Net debt/EBITDA de Cronos Group, Inc. é 30.79
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 Health Care em TSX em comparação com Cronos
O que Cronos faz?
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under two adult-use brands, COVE and Spinach. The company also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.
Empresas com net debt/ebitda semelhantes a Cronos
- CrossAmerica Partners LP tem Net debt/EBITDA de 30.71
- Southeast Asia Properties & Finance tem Net debt/EBITDA de 30.72
- Webjet tem Net debt/EBITDA de 30.74
- Body & Mind tem Net debt/EBITDA de 30.75
- Kodiak Sciences Inc tem Net debt/EBITDA de 30.75
- Ritchie Bros. Auctioneers tem Net debt/EBITDA de 30.77
- Cronos tem Net debt/EBITDA de 30.79
- Noble Corp Plc tem Net debt/EBITDA de 30.85
- Foot Locker Inc tem Net debt/EBITDA de 30.85
- Wereldhave N.V tem Net debt/EBITDA de 30.87
- Nine Service Inc tem Net debt/EBITDA de 30.87
- Modern Media tem Net debt/EBITDA de 30.91
- COSCO SHIPPING Development Co tem Net debt/EBITDA de 30.92