La Doria S.p.A Net debt/EBITDA
What is the Net debt/EBITDA of La Doria S.p.A?
The Net debt/EBITDA of La Doria S.p.A. is 0.91
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 Miscellaneous sector on LSE compared to La Doria S.p.A
What does La Doria S.p.A do?
La Doria S.p.A., together with its subsidiaries, produces and markets food products in Italy, the United Kingdom, Japan, Australia, and in the Scandinavian countries. Its products include tomato-based products, fruit juices and beverages, vegetables, legumes, canned pasta, cooked pulses, baked beans, canned pulses, ready-made sauces, and carrots. The company sells its products under the La Doria, La Romanella, Vivi G, Cook Italia, Althea, and Bella Parma brand names through retailers and distribution chains. La Doria S.p.A. was founded in 1954 and is based in Angri, Italy.
Companies with net debt/ebitda similar to La Doria S.p.A
- Metals Creek Resources has Net debt/EBITDA of 0.91
- Kraig Biocraft Laboratories has Net debt/EBITDA of 0.91
- ExlService Inc has Net debt/EBITDA of 0.91
- Harvest One Cannabis has Net debt/EBITDA of 0.91
- Compleo Charging Solutions AG has Net debt/EBITDA of 0.91
- Tandem Diabetes Care Inc has Net debt/EBITDA of 0.91
- La Doria S.p.A has Net debt/EBITDA of 0.91
- ANG Lifesciences India has Net debt/EBITDA of 0.91
- Northern Minerals has Net debt/EBITDA of 0.91
- China Resources Gas has Net debt/EBITDA of 0.92
- Aflac has Net debt/EBITDA of 0.92
- Aflac has Net debt/EBITDA of 0.92
- Alvopetro has Net debt/EBITDA of 0.92