QIWI plc Net debt/EBITDA
What is the Net debt/EBITDA of QIWI plc?
The Net debt/EBITDA of QIWI plc is -1,163.54
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 Finance sector on NASDAQ compared to QIWI plc
What does QIWI plc do?
qiwi is a leading provider of next generation payment services in russia and the cis. it has an integrated proprietary network that enables payment services across physical, online and mobile channels. it has deployed over 17.3 million virtual wallets, over 177,000 kiosks and terminals, and enabled merchants to accept over rub 50 billion cash and electronic payments monthly from over 70 million consumers using its network at least once a month. qiwi’s consumers can use cash, stored value and other electronic payment methods to order and pay for goods and services across physical or online environments interchangeably. qiwi – ведущий платежный сервис нового поколения в россии и странах снг, которому принадлежит интегрированная платежная сеть, позволяющая производить платежи по физическим, интернет и мобильным каналам связи. она включает свыше 17,3 млн виртуальных кошельков и более 177 000 терминалов и точек приема платежей. с помощью qiwi торговые компании принимают платежи (в денежной
Companies with net debt/ebitda similar to QIWI plc
- Blackheath Resources has Net debt/EBITDA of -1,418.41
- Cherry Hill Mortgage Investment has Net debt/EBITDA of -1,416.98
- China Properties has Net debt/EBITDA of -1,335.29
- American Superconductor has Net debt/EBITDA of -1,323.02
- Inventis has Net debt/EBITDA of -1,284.64
- Fullsun International Co has Net debt/EBITDA of -1,209.16
- QIWI plc has Net debt/EBITDA of -1,163.54
- Mustera Property has Net debt/EBITDA of -1,085.15
- New York City REIT has Net debt/EBITDA of -1,060.81
- Riskified has Net debt/EBITDA of -1,036.13
- Katanga Mining has Net debt/EBITDA of -1,004.76
- Huize Ltd has Net debt/EBITDA of -999.04
- LATAM Airlines S.A has Net debt/EBITDA of -946.41