Safestyle UK Plc Net debt/EBITDA
What is the Net debt/EBITDA of Safestyle UK Plc?
The Net debt/EBITDA of Safestyle UK Plc is -12.45
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 Consumer Discretionary sector on LSE compared to Safestyle UK Plc
What does Safestyle UK Plc do?
Safestyle UK plc designs, manufactures, sells, installs, and maintains windows and doors for the homeowner market in the United Kingdom. The company offers domestic, double-glazed, and replacement PVCu windows and doors. It provides its products through a network of 33 sales branches and 13 installation depots. Safestyle UK plc was founded in 1992 and is headquartered in Bradford, the United Kingdom.
Companies with net debt/ebitda similar to Safestyle UK Plc
- Zhenro Svcs Grp Ltd has Net debt/EBITDA of -12.52
- Jiangsu Shemar Electric Co.,Ltd has Net debt/EBITDA of -12.52
- YayYo has Net debt/EBITDA of -12.52
- Delivery Hero SE has Net debt/EBITDA of -12.51
- Kingsway Services has Net debt/EBITDA of -12.48
- Dart Plc has Net debt/EBITDA of -12.47
- Safestyle UK Plc has Net debt/EBITDA of -12.45
- Corcept Therapeutics Inc has Net debt/EBITDA of -12.45
- Vidler Water Resources Inc has Net debt/EBITDA of -12.45
- Trade Desk Inc has Net debt/EBITDA of -12.44
- S&T has Net debt/EBITDA of -12.44
- Village Farms International has Net debt/EBITDA of -12.43
- Total Gabon has Net debt/EBITDA of -12.43