DGR Global Net debt/EBITDA
What is the Net debt/EBITDA of DGR Global?
The Net debt/EBITDA of DGR Global Limited is -3.50
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 Materials sector on ASX compared to DGR Global
What does DGR Global do?
DGR Global Limited, together with its subsidiaries, engages in the exploration and development of mineral properties. It explores for a range of commodities, including copper, gold, nickel, tin, iron, titanium, bauxite, lithium, cobalt, and oil and gas, as well as zinc. The company's flagship project is the Kanywataba block that covers approximately 344 square kilometers located in Albertine Graben, Uganda. The company was formerly known as D'Aguilar Gold Limited and changed its name to DGR Global Limited in November 2011. DGR Global Limited was incorporated in 1991 and is based in Brisbane, Australia.
Companies with net debt/ebitda similar to DGR Global
- ORBIS AG has Net debt/EBITDA of -3.51
- A.G. BARR Plc has Net debt/EBITDA of -3.51
- Advanced Micro Devices has Net debt/EBITDA of -3.50
- Flow Beverage has Net debt/EBITDA of -3.50
- Marley Spoon AG has Net debt/EBITDA of -3.50
- Marley Spoon AG has Net debt/EBITDA of -3.50
- DGR Global has Net debt/EBITDA of -3.50
- Teradyne has Net debt/EBITDA of -3.49
- Teradyne has Net debt/EBITDA of -3.49
- Oncimmune plc has Net debt/EBITDA of -3.49
- Relevium Technologies has Net debt/EBITDA of -3.48
- Legacy Housing has Net debt/EBITDA of -3.48
- Xiangxing International has Net debt/EBITDA of -3.48