Continental Resources Inc (OKLA) organizacji Net debt/EBITDA
Jaka jest wartość Net debt/EBITDA organizacji Continental Resources Inc (OKLA)?
Wartość Net debt/EBITDA organizacji Continental Resources Inc (OKLA) to 3.41
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 Energy sektor na NYSE w porównaniu do Continental Resources Inc (OKLA)
Czym się zajmuję organizacja Continental Resources Inc (OKLA)?
Continental Resources is a top 10 independent oil producer in the U.S. and a leader in America's energy renaissance. Based in Oklahoma City, Continental is the largest leaseholder and the largest producer in the nation's premier oil field, the Bakken play of North Dakotaand Montana. The Company also has significant positions in Oklahoma, including its SCOOP Woodford and SCOOP Springer discoveries and the STACK plays. With a focus on the exploration and production of oil, Continental has unlocked the technology and resources vital to American energy independence and its nation's leadership in the new world oil market. In 2021, the Company will celebrate 54 years of operations.
Firmy z net debt/ebitda podobne do Continental Resources Inc (OKLA)
- Wartość Net debt/EBITDA organizacji Unitedhealth Inc to 3.40
- Wartość Net debt/EBITDA organizacji Datwyler AG to 3.40
- Wartość Net debt/EBITDA organizacji Ningbo Ronbay New Technology Co to 3.40
- Wartość Net debt/EBITDA organizacji Digimarc to 3.40
- Wartość Net debt/EBITDA organizacji PZ Cussons Plc to 3.41
- Wartość Net debt/EBITDA organizacji Keywords Studios plc to 3.41
- Wartość Net debt/EBITDA organizacji Continental Resources Inc (OKLA) to 3.41
- Wartość Net debt/EBITDA organizacji Edenred SA to 3.41
- Wartość Net debt/EBITDA organizacji Edenville Plc to 3.41
- Wartość Net debt/EBITDA organizacji Alio Gold to 3.41
- Wartość Net debt/EBITDA organizacji Analog Devices to 3.42
- Wartość Net debt/EBITDA organizacji Analog Devices to 3.42
- Wartość Net debt/EBITDA organizacji Verisign to 3.42