China XD Plastics Co Ltd organizacji Net debt/EBITDA
Jaka jest wartość Net debt/EBITDA organizacji China XD Plastics Co Ltd?
Wartość Net debt/EBITDA organizacji China XD Plastics Co Ltd to 28.70
Jaka jest definicja 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 firm w Consumer Discretionary sektor na NASDAQ w porównaniu do China XD Plastics Co Ltd
Czym się zajmuję organizacja China XD Plastics Co Ltd?
China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures and sells polymer composites materials, primarily for automotive applications. The Company's products are used in the exterior and interior trim and in the functional components of 31 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Toyota, Buick, Chevrolet, Mazda, Volvo, Ford, Citroen, Jinbei and VW Passat, Golf, Jetta, etc. The Company's wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of September 30, 2020, 644 of the Company's products have been certified for use by one or more of the automobile manufacturers in China.
Firmy z net debt/ebitda podobne do China XD Plastics Co Ltd
- Wartość Net debt/EBITDA organizacji Enbridge Inc to 28.60
- Wartość Net debt/EBITDA organizacji JetBlue Airways to 28.61
- Wartość Net debt/EBITDA organizacji Concord New to 28.64
- Wartość Net debt/EBITDA organizacji Dye & Durham Ltd to 28.65
- Wartość Net debt/EBITDA organizacji Panther Securities Plc to 28.66
- Wartość Net debt/EBITDA organizacji Crown Castle Inc to 28.68
- Wartość Net debt/EBITDA organizacji China XD Plastics Co Ltd to 28.70
- Wartość Net debt/EBITDA organizacji VNET Inc to 28.71
- Wartość Net debt/EBITDA organizacji Coursera to 28.75
- Wartość Net debt/EBITDA organizacji Brookfield Renewable Partners L.P to 28.75
- Wartość Net debt/EBITDA organizacji Asanko Gold to 28.76
- Wartość Net debt/EBITDA organizacji Okura to 28.77
- Wartość Net debt/EBITDA organizacji Victoria Plc to 28.78