Capstone Turbine Net debt/EBITDA
What is the Net debt/EBITDA of Capstone Turbine?
The Net debt/EBITDA of Capstone Turbine Corp. is -7.36
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 Industrials sector on NASDAQ compared to Capstone Turbine
Companies with net debt/ebitda similar to Capstone Turbine
- Shore Bancshares has Net debt/EBITDA of -7.39
- Vapotherm Inc has Net debt/EBITDA of -7.38
- Clear Blue Technologies International has Net debt/EBITDA of -7.38
- WisdomTree Japan Multifactor Fund has Net debt/EBITDA of -7.37
- Gabriel Resources has Net debt/EBITDA of -7.36
- Qingdao Haier Biomedical Co has Net debt/EBITDA of -7.36
- Capstone Turbine has Net debt/EBITDA of -7.36
- Green Organic Dutchman has Net debt/EBITDA of -7.36
- Manolete Partners Plc has Net debt/EBITDA of -7.34
- Synaptics Inc has Net debt/EBITDA of -7.33
- Aurcana has Net debt/EBITDA of -7.32
- Vanguard FTSE Developed Europe ex UK ETF has Net debt/EBITDA of -7.31
- Latecoere S.A has Net debt/EBITDA of -7.31