Alphabet Inc Net debt/EBITDA
What is the Net debt/EBITDA of Alphabet Inc?
The Net debt/EBITDA of Alphabet Inc is -9.84
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 Alphabet Inc
What does Alphabet Inc do?
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.
Companies with net debt/ebitda similar to Alphabet Inc
- Air New Zealand has Net debt/EBITDA of -9.87
- Azarga Metals has Net debt/EBITDA of -9.87
- SH () has Net debt/EBITDA of -9.86
- Alibaba has Net debt/EBITDA of -9.85
- Real Matters has Net debt/EBITDA of -9.85
- Morgan Sindall plc has Net debt/EBITDA of -9.85
- Alphabet Inc has Net debt/EBITDA of -9.84
- Huabao International has Net debt/EBITDA of -9.83
- Cato has Net debt/EBITDA of -9.83
- Zhong Ao Home has Net debt/EBITDA of -9.82
- V Technology Co has Net debt/EBITDA of -9.82
- Telefonaktiebolaget LM Ericsson (publ) has Net debt/EBITDA of -9.81
- Telefonaktiebolaget LM Ericsson has Net debt/EBITDA of -9.81