Acacia Research Corp Net debt/EBITDA
What is the Net debt/EBITDA of Acacia Research Corp?
The Net debt/EBITDA of Acacia Research Corp is -36.24
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 Acacia Research Corp
What does Acacia Research Corp do?
acacia research corporation (nasdaq: actg) is the industry leader in patent licensing. by partnering with patent owners, acacia applies its deep legal and technology expertise to patent assets to unlock financial value. an intermediary in the patent market, acacia facilitates efficiency and delivers monetary rewards to the patent owner. with this strategy, acacia has generated over $1,200,000,000 revenue to date, and has returned more than $705,000,000 to our patent partners.
Companies with net debt/ebitda similar to Acacia Research Corp
- Trip.com Ltd has Net debt/EBITDA of -36.37
- Peiport has Net debt/EBITDA of -36.34
- Geely Automobile has Net debt/EBITDA of -36.32
- Petmed Express has Net debt/EBITDA of -36.31
- Zip Co has Net debt/EBITDA of -36.30
- Bellevue Gold has Net debt/EBITDA of -36.29
- Acacia Research Corp has Net debt/EBITDA of -36.24
- Vitalhub Corp has Net debt/EBITDA of -36.19
- Kantone has Net debt/EBITDA of -36.16
- MedMen Enterprises has Net debt/EBITDA of -36.08
- Kinaxis has Net debt/EBITDA of -35.88
- KE has Net debt/EBITDA of -35.77
- i-CABLE Communications has Net debt/EBITDA of -35.72