EXFO Inc Net debt/EBITDA
What is the Net debt/EBITDA of EXFO Inc?
The Net debt/EBITDA of EXFO Inc is -4.58
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 Technology sector on NASDAQ compared to EXFO Inc
What does EXFO Inc do?
EXFO develops smarter test, monitoring and analytics solutions for fixed and mobile network operators, webscale companies and equipment manufacturers in the global communications industry. The customers count on us to deliver superior network performance, service reliability and subscriber insights. They count on its unique blend of equipment, software and services to accelerate digital transformations related to fibre, 4G/LTE and 5G deployments. They count on its expertise with automation, real-time troubleshooting and big data analytics, which are critical to their business performance. The Company has spent over 35 years earning this trust, and today 1,900 EXFO employees in over 25 countries work side by side with the customers in the lab, field, data center and beyond.
Companies with net debt/ebitda similar to EXFO Inc
- First Foods has Net debt/EBITDA of -4.60
- Avenira has Net debt/EBITDA of -4.59
- Ecofibre has Net debt/EBITDA of -4.59
- Rathdowney Resources has Net debt/EBITDA of -4.59
- BancorpSouth Bank has Net debt/EBITDA of -4.58
- A-Living Services Co has Net debt/EBITDA of -4.58
- EXFO Inc has Net debt/EBITDA of -4.58
- Baru Gold Corp has Net debt/EBITDA of -4.58
- Baru Gold has Net debt/EBITDA of -4.58
- AirNet Technology has Net debt/EBITDA of -4.57
- Scienjoy has Net debt/EBITDA of -4.57
- Nova Leap Health has Net debt/EBITDA of -4.56
- CURE Pharmaceutical has Net debt/EBITDA of -4.56