Chocoladefabriken Lindt & Sprungli AG Net debt/EBITDA
What is the Net debt/EBITDA of Chocoladefabriken Lindt & Sprungli AG?
The Net debt/EBITDA of Chocoladefabriken Lindt & Sprungli AG is 0.03
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 Miscellaneous sector on LSE compared to Chocoladefabriken Lindt & Sprungli AG
What does Chocoladefabriken Lindt & Sprungli AG do?
Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, engages in the manufacture and sale of chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman's, Pangburn's, Caffarel, Hofbauer, and Küfferle brands. It serves customers through a network of distributors, as well as through its approximately 500 shops. The company was founded in 1845 and is headquartered in Kilchberg, Switzerland.
Companies with net debt/ebitda similar to Chocoladefabriken Lindt & Sprungli AG
- Lundin Gold has Net debt/EBITDA of 0.03
- AHAlife has Net debt/EBITDA of 0.03
- Kibo PLC has Net debt/EBITDA of 0.03
- Bank of Montreal has Net debt/EBITDA of 0.03
- Northcliff Resources has Net debt/EBITDA of 0.03
- Franco-Nevada has Net debt/EBITDA of 0.03
- Chocoladefabriken Lindt & Sprungli AG has Net debt/EBITDA of 0.03
- SITO Mobile has Net debt/EBITDA of 0.03
- Franco-Nevada has Net debt/EBITDA of 0.03
- Sihayo Gold has Net debt/EBITDA of 0.04
- Amerigo Resources has Net debt/EBITDA of 0.04
- Elife has Net debt/EBITDA of 0.04
- H-CYTE has Net debt/EBITDA of 0.04