Mastrad Société Anonyme Net debt/EBITDA
What is the Net debt/EBITDA of Mastrad Société Anonyme?
The Net debt/EBITDA of Mastrad Société Anonyme is -39.49
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 Staples sector on OTC compared to Mastrad Société Anonyme
What does Mastrad Société Anonyme do?
Mastrad Société Anonyme designs and markets culinary accessories in France, the United States, Hong Kong, and internationally. It offers pastry, preparation, baking, service, and baby culinary accessories. The company was founded in 1994 and is based in Paris, France.
Companies with net debt/ebitda similar to Mastrad Société Anonyme
- North Mining Shares has Net debt/EBITDA of -39.62
- Norwegian Cruise Line has Net debt/EBITDA of -39.58
- Coupa Software Inc has Net debt/EBITDA of -39.56
- Tenaz has Net debt/EBITDA of -39.54
- Premier Gold Mines has Net debt/EBITDA of -39.49
- Premier Gold Mines has Net debt/EBITDA of -39.49
- Mastrad Société Anonyme has Net debt/EBITDA of -39.49
- Simulations Plus has Net debt/EBITDA of -39.38
- Desane has Net debt/EBITDA of -39.33
- Delta Apparel has Net debt/EBITDA of -39.02
- Glu Mobile Inc has Net debt/EBITDA of -38.66
- Miramar Hotel and Investment has Net debt/EBITDA of -38.58
- Lannett Co has Net debt/EBITDA of -38.52