Vietnam Manufacturing and Export Processing () Net debt/EBITDA
What is the Net debt/EBITDA of Vietnam Manufacturing and Export Processing ()?
The Net debt/EBITDA of Vietnam Manufacturing and Export Processing (Holdings) Limited is 9.77
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 HKSE compared to Vietnam Manufacturing and Export Processing ()
What does Vietnam Manufacturing and Export Processing () do?
Vietnam Manufacturing and Export Processing (Holdings) Limited, an investment holding company, manufactures and sells scooters and cub motorbikes, and related spare parts and engines in Vietnam, Malaysia, the Philippines, Taiwan, Thailand, Greece, and other countries. The company offers motorbikes under the SYM brand. It also manufactures molds for making die-cast and forged metal parts; and provides motorbike maintenance services. As of December 31, 2019, its distribution network comprised approximately 202 SYM authorized stores owned by dealers in Vietnam. The company was founded in 1992 and is headquartered in Bien Hoa, Vietnam. Vietnam Manufacturing and Export Processing (Holdings) Limited is a subsidiary of SY International Ltd.
Companies with net debt/ebitda similar to Vietnam Manufacturing and Export Processing ()
- Pantoro has Net debt/EBITDA of 9.76
- MamaMancini's has Net debt/EBITDA of 9.76
- Transatlantic Mining has Net debt/EBITDA of 9.77
- Weebit Nano has Net debt/EBITDA of 9.77
- Converge Technology Solutions has Net debt/EBITDA of 9.77
- Qantm Intellectual Property has Net debt/EBITDA of 9.77
- Vietnam Manufacturing and Export Processing () has Net debt/EBITDA of 9.77
- Cigna has Net debt/EBITDA of 9.77
- Johnson Controls International plc has Net debt/EBITDA of 9.78
- KBR Inc has Net debt/EBITDA of 9.78
- NagaCorp has Net debt/EBITDA of 9.78
- Viela Bio has Net debt/EBITDA of 9.79
- Nkarta has Net debt/EBITDA of 9.79