Vistra Corp Net debt/EBITDA
What is the Net debt/EBITDA of Vistra Corp?
The Net debt/EBITDA of Vistra Corp is 28.10
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 Utilities sector on NYSE compared to Vistra Corp
What does Vistra Corp do?
vistra energy is an integrated retail and generation company, with a strong balance sheet, positive cash flows and a strategy for growth. with a tradition of operational excellence from predecessor companies that go back more than a century and a vision for the future, vistra energy has unique expertise in customer relationships, commodity pricing, and risk management. the retail company serves 1.7 million residential and business customers in texas, backed by nearly 18,000 mw of a balanced generation portfolio in texas, including 2,300 mw fueled by nuclear power, 8,000 mw fueled by coal and 7,500 mw fueled by natural gas, and is a large purchaser of renewable power including wind and solar-generated electricity.
Companies with net debt/ebitda similar to Vistra Corp
- Entergy has Net debt/EBITDA of 27.97
- International Business Machines has Net debt/EBITDA of 28.02
- International Business Machines has Net debt/EBITDA of 28.02
- Kohl`s has Net debt/EBITDA of 28.04
- iHeartMedia has Net debt/EBITDA of 28.10
- AdaptHealth Corp has Net debt/EBITDA of 28.10
- Vistra Corp has Net debt/EBITDA of 28.10
- Clarivate Plc has Net debt/EBITDA of 28.14
- Bernard Loiseau S.A has Net debt/EBITDA of 28.14
- Wendy`s Co has Net debt/EBITDA of 28.15
- Bausch Health Companies has Net debt/EBITDA of 28.15
- Altice USA Inc has Net debt/EBITDA of 28.16
- Power REIT has Net debt/EBITDA of 28.19