Beasley Broadcast Inc Net debt/EBITDA
What is the Net debt/EBITDA of Beasley Broadcast Inc?
The Net debt/EBITDA of Beasley Broadcast Group Inc is 41.75
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 Communication Services sector on NASDAQ compared to Beasley Broadcast Inc
What does Beasley Broadcast Inc do?
beasley media group, inc. is a subsidiary of beasley broadcast group, inc. (nasdaq: bbgi), which was founded in 1961 by george g. beasley. today, beasley broadcast group owns and operates 69 stations (50 fm and 19 am) in 16 large-and mid-size markets in the united states. approximately 20.1 million consumers listen to beasley radio stations weekly over-the-air, online and on smartphones and tablets and millions regularly engage with the company’s brands and personalities through digital platforms such as facebook, twitter, text, apps and email. for more information, visit www.bbgi.com.
Companies with net debt/ebitda similar to Beasley Broadcast Inc
- Fonciere Volta has Net debt/EBITDA of 41.57
- Prophecy International has Net debt/EBITDA of 41.63
- Nubian Resources has Net debt/EBITDA of 41.70
- Innergex Renewable has Net debt/EBITDA of 41.71
- Damartex SA has Net debt/EBITDA of 41.73
- Smart Sand Inc has Net debt/EBITDA of 41.74
- Beasley Broadcast Inc has Net debt/EBITDA of 41.75
- Kewaunee Scientific has Net debt/EBITDA of 41.83
- BayWa Aktiengesellschaft has Net debt/EBITDA of 41.86
- Transurban Stapled Securities has Net debt/EBITDA of 41.89
- Icon has Net debt/EBITDA of 41.90
- Garda Diversified Property Fund has Net debt/EBITDA of 41.94
- Alibaba Health Information Technology has Net debt/EBITDA of 41.96