Petroteq organizacji Net debt/EBITDA
Jaka jest wartość Net debt/EBITDA organizacji Petroteq?
Wartość Net debt/EBITDA organizacji Petroteq Energy, Inc. to -2.18
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 TSXV w porównaniu do Petroteq
Czym się zajmuję organizacja Petroteq?
Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States. It holds rights to mine, extract, and produce oil and associated hydrocarbons and minerals from oil sands containing heavy oil and bitumen under mineral leases covering approximately 1,671,91 acres in the Asphalt Ridge area of Utah, including 320 acres held under the TMC Mineral Lease and an additional 1,351.91 acres held under three Temple Mountain State of Utah's School and Institutional Trust Land Administration Leases. The company also operates rights under five leases covering lands consisting of approximately 5,960 acres situated in Uintah, Wayne, and Garfield Counties, Utah. In addition, it is developing a blockchain-powered supply chain management platform for the oil and gas industry. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.
Firmy z net debt/ebitda podobne do Petroteq
- Wartość Net debt/EBITDA organizacji Globex Mining Enterprises to -2.19
- Wartość Net debt/EBITDA organizacji Amarillo Biosciences to -2.19
- Wartość Net debt/EBITDA organizacji CNOOC to -2.19
- Wartość Net debt/EBITDA organizacji Canada Rare Earth to -2.18
- Wartość Net debt/EBITDA organizacji Cardinal Resources to -2.18
- Wartość Net debt/EBITDA organizacji AF Gruppen ASA to -2.18
- Wartość Net debt/EBITDA organizacji Petroteq to -2.18
- Wartość Net debt/EBITDA organizacji Hengan International to -2.17
- Wartość Net debt/EBITDA organizacji Hengan International Co to -2.17
- Wartość Net debt/EBITDA organizacji Prism Resources to -2.17
- Wartość Net debt/EBITDA organizacji ICC Inc to -2.17
- Wartość Net debt/EBITDA organizacji Beng Soon Machinery to -2.16
- Wartość Net debt/EBITDA organizacji Cadence Design Systems to -2.16