Becton Dickinson & Co Net debt/EBITDA
What is the Net debt/EBITDA of Becton Dickinson & Co?
The Net debt/EBITDA of Becton Dickinson & Co. is 12.59
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 Health Care sector on NYSE compared to Becton Dickinson & Co
What does Becton Dickinson & Co do?
Becton, Dickinson and Company is a global medical technology company. The Company is engaged in the development, manufacture and sale of a range of medical supplies, devices, laboratory equipment and diagnostic products used by healthcare institutions, physicians, life science researchers, and others.
Companies with net debt/ebitda similar to Becton Dickinson & Co
- Bce Inc has Net debt/EBITDA of 12.57
- Loews has Net debt/EBITDA of 12.58
- Tiltrenew Fpo Nzx has Net debt/EBITDA of 12.58
- Heineken NV has Net debt/EBITDA of 12.59
- Core Laboratories Inc has Net debt/EBITDA of 12.59
- Western Midstream Partners LP has Net debt/EBITDA of 12.59
- Becton Dickinson & Co has Net debt/EBITDA of 12.59
- Chindata Ltd has Net debt/EBITDA of 12.60
- Intron Technology has Net debt/EBITDA of 12.61
- Japan Gold has Net debt/EBITDA of 12.61
- Maxcyte Inc Com Stk Usd0.01 (Di has Net debt/EBITDA of 12.61
- Verra Mobility has Net debt/EBITDA of 12.62
- Castile Resources has Net debt/EBITDA of 12.62