AgroFresh Solutions Inc Net debt/EBITDA
What is the Net debt/EBITDA of AgroFresh Solutions Inc?
The Net debt/EBITDA of AgroFresh Solutions Inc is 21.53
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 NASDAQ compared to AgroFresh Solutions Inc
What does AgroFresh Solutions Inc do?
AgroFresh Solutions Inc. is an AgTech innovator and global leader with a mission to prevent food loss/waste and conserve the planet's resources by providing a range of science-based solutions, data-driven digital technologies and high-touch customer services. AgroFresh supports growers, packers and retailers with solutions across the food supply chain to enhance the quality and extend the shelf life of fresh produce. The AgroFresh organization has 40 years of post-harvest experience across a broad range of crops, including revolutionizing the apple industry with the SmartFresh™ Quality System for more than 20 years. This is powered by a comprehensive portfolio that includes plant-based coatings, equipment and proprietary solutions that help improve the freshness supply chain from harvest to the home.
Companies with net debt/ebitda similar to AgroFresh Solutions Inc
- CMS has Net debt/EBITDA of 21.49
- National Tyre & Wheel has Net debt/EBITDA of 21.50
- SergeFerrari SA has Net debt/EBITDA of 21.51
- Bonduelle SCA has Net debt/EBITDA of 21.51
- Zix has Net debt/EBITDA of 21.51
- DTE Co has Net debt/EBITDA of 21.52
- AgroFresh Solutions Inc has Net debt/EBITDA of 21.53
- American Water Works Co has Net debt/EBITDA of 21.55
- Wallbridge Mining Co has Net debt/EBITDA of 21.56
- Boozt AB has Net debt/EBITDA of 21.57
- Wereldhave Belgium SCA has Net debt/EBITDA of 21.58
- King George has Net debt/EBITDA of 21.58
- Southern has Net debt/EBITDA of 21.59