Aethlon Medical Inc Net debt/EBITDA
What is the Net debt/EBITDA of Aethlon Medical Inc?
The Net debt/EBITDA of Aethlon Medical Inc is 7.42
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 Aethlon Medical Inc
What does Aethlon Medical Inc do?
the aethlon medical (nasdaq:aemd) mission is to create innovative devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. our aethlon adapt™ platform provides the technology foundation for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. the aethlon adapt™ product pipeline includes the hemopurifier®, a first-in-class medical device with broad-spectrum capabilities against exosomes that contribute to the progression of cancer and infectious viral pathogens such as hiv and hepatitis c.
Companies with net debt/ebitda similar to Aethlon Medical Inc
- Allison Transmission Inc has Net debt/EBITDA of 7.40
- China High Speed Transmission Equipment Co has Net debt/EBITDA of 7.41
- National Services Reunited Corp has Net debt/EBITDA of 7.41
- Rose Hill Acquisition Corp has Net debt/EBITDA of 7.41
- Vulcan Materials Co has Net debt/EBITDA of 7.41
- Dycom Industries has Net debt/EBITDA of 7.41
- Aethlon Medical Inc has Net debt/EBITDA of 7.42
- Ardelyx Inc has Net debt/EBITDA of 7.42
- Foghorn Therapeutics has Net debt/EBITDA of 7.42
- Kirby has Net debt/EBITDA of 7.42
- Verisk Analytics Inc has Net debt/EBITDA of 7.43
- Tullow Oil plc has Net debt/EBITDA of 7.43
- Adecco AG has Net debt/EBITDA of 7.43