Mountview Estates P.L.C Net debt/EBITDA
What is the Net debt/EBITDA of Mountview Estates P.L.C?
The Net debt/EBITDA of Mountview Estates P.L.C. is 6.41
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 Real Estate sector on LSE compared to Mountview Estates P.L.C
What does Mountview Estates P.L.C do?
Mountview Estates P.L.C., together with its subsidiaries, engages in the property trading and investment activities in the United Kingdom. It owns and acquires tenanted residential properties; and sells such properties when it becomes vacant. The company trades in regulated, assured, assured shorthold, and life tenancy residential units, as well as freehold and leasehold ground rent units. Its properties are located in Belsize Park, London. The company was incorporated in 1937 and is based in London, the United Kingdom.
Companies with net debt/ebitda similar to Mountview Estates P.L.C
- Galleon Gold has Net debt/EBITDA of 6.40
- Phillips 66 Dl ,01 has Net debt/EBITDA of 6.40
- Genprex Inc has Net debt/EBITDA of 6.40
- Kinross Gold has Net debt/EBITDA of 6.40
- Lowe's Companies has Net debt/EBITDA of 6.41
- Nanalysis Scientific has Net debt/EBITDA of 6.41
- Mountview Estates P.L.C has Net debt/EBITDA of 6.41
- Broadcom has Net debt/EBITDA of 6.42
- Broadcom has Net debt/EBITDA of 6.42
- Sonova AG has Net debt/EBITDA of 6.42
- Boart Longyear has Net debt/EBITDA of 6.42
- Norcros Plc has Net debt/EBITDA of 6.42
- Pentair plc has Net debt/EBITDA of 6.42