Lululemon Athletica inc Net debt/EBITDA
What is the Net debt/EBITDA of Lululemon Athletica inc?
The Net debt/EBITDA of Lululemon Athletica inc. is -0.63
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 Consumer Discretionary sector on NASDAQ compared to Lululemon Athletica inc
What does Lululemon Athletica inc do?
yoga is our core, but we also make specialized gear for runners, dancers, bikers, sweaty generalists and stretchy-pants lovers alike. our stores can be found in sydney, jackson, anchorage, cologne, singapore and tons of places in between. our global vision remains the same as it was when we were selling gear out of a vancouver yoga studio in 1998: to inspire and enable people to live long, healthy, fun lives by creating technical, athletic gear to get sweaty in.
Companies with net debt/ebitda similar to Lululemon Athletica inc
- International Bancshares has Net debt/EBITDA of -0.64
- Red Hill Iron has Net debt/EBITDA of -0.63
- Mobiquity Technologies has Net debt/EBITDA of -0.63
- International Money Express has Net debt/EBITDA of -0.63
- Renew plc has Net debt/EBITDA of -0.63
- Tenaris S.A has Net debt/EBITDA of -0.63
- Lululemon Athletica inc has Net debt/EBITDA of -0.63
- JS Global Lifestyle has Net debt/EBITDA of -0.63
- Advance Lithium Corp has Net debt/EBITDA of -0.62
- Armada Data has Net debt/EBITDA of -0.62
- Joint Corp has Net debt/EBITDA of -0.62
- Loop has Net debt/EBITDA of -0.62
- Mondias Natural Products has Net debt/EBITDA of -0.61