Sonasoft Net debt/EBITDA
What is the Net debt/EBITDA of Sonasoft?
The Net debt/EBITDA of Sonasoft Corp. is -0.92
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 OTC compared to Sonasoft
What does Sonasoft do?
Sonasoft Corporation offers artificial intelligence platform and professional services in the United States and internationally. It operates through two segments, Managed Services and Artificial Intelligence Software Services (AI Services). The Managed Services segment provides hardware, software, and information technology advisory services to customers. The AI Services segment offers creation, deployment, and support of proprietary AI Software. It provides professional services, including support and maintenance activities, supporting software, and recommending, designing, and implementing IT solutions. The company sells its products to SME, ERP, and original equipment manufacturers customers. Sonasoft Corporation was incorporated in 2002 and is headquartered in San Jose, California.
Companies with net debt/ebitda similar to Sonasoft
- Indus has Net debt/EBITDA of -0.93
- NGX International has Net debt/EBITDA of -0.93
- PUMA SE has Net debt/EBITDA of -0.93
- PUMA SE has Net debt/EBITDA of -0.93
- Ur- has Net debt/EBITDA of -0.93
- China Dynamics () has Net debt/EBITDA of -0.92
- Sonasoft has Net debt/EBITDA of -0.92
- Carespan Health Inc has Net debt/EBITDA of -0.92
- Newtopia has Net debt/EBITDA of -0.92
- Arcadis NV has Net debt/EBITDA of -0.91
- Canadian Premium Sand has Net debt/EBITDA of -0.91
- kneat.com has Net debt/EBITDA of -0.91
- Blue Star Foods has Net debt/EBITDA of -0.91