American River Bancshares Net debt/EBITDA
What is the Net debt/EBITDA of American River Bancshares?
The Net debt/EBITDA of American River Bancshares is -3.16
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 Finance sector on NASDAQ compared to American River Bancshares
What does American River Bancshares do?
American River Bankshares is the parent company of American River Bank, a regional bank serving Northern California since 1983. It gives business owners more REACH by offering financial expertise and exceptional service to complement a full suite of banking products and services. Its honest approach, commitment to community and focus on profitability is intended to lead its clients to greater success.
Companies with net debt/ebitda similar to American River Bancshares
- Lynas has Net debt/EBITDA of -3.17
- Lynas has Net debt/EBITDA of -3.17
- Aurelia Metals has Net debt/EBITDA of -3.17
- Earth Science Tech has Net debt/EBITDA of -3.16
- FIT Hon Teng has Net debt/EBITDA of -3.16
- Precious Dragon Technology has Net debt/EBITDA of -3.16
- American River Bancshares has Net debt/EBITDA of -3.16
- Skylight Health has Net debt/EBITDA of -3.15
- Neuropathix has Net debt/EBITDA of -3.15
- Matrix has Net debt/EBITDA of -3.14
- Lululemon Athletica has Net debt/EBITDA of -3.13
- Warrior Met Coal Inc has Net debt/EBITDA of -3.13
- WuXi AppTec Co has Net debt/EBITDA of -3.13