Seven Generations Net debt/EBITDA
What is the Net debt/EBITDA of Seven Generations?
The Net debt/EBITDA of Seven Generations Energy Ltd. is 10.88
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 Energy sector on OTC compared to Seven Generations
What does Seven Generations do?
Seven Generations Energy Ltd., together with its subsidiary, engages in the development of oil and natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 528,000 net acres located in the Kakwa area of northwest Alberta. Seven Generations Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada.
Companies with net debt/ebitda similar to Seven Generations
- Wincanton Plc has Net debt/EBITDA of 10.85
- The Heavitree Brewery PLC has Net debt/EBITDA of 10.85
- Black Mammoth Metals has Net debt/EBITDA of 10.86
- Clinigen Plc has Net debt/EBITDA of 10.86
- First Bancorp Inc (ME) has Net debt/EBITDA of 10.86
- Plains GP LP has Net debt/EBITDA of 10.86
- Seven Generations has Net debt/EBITDA of 10.88
- Novanta Inc has Net debt/EBITDA of 10.88
- Progressive has Net debt/EBITDA of 10.89
- DS Smith Plc has Net debt/EBITDA of 10.89
- Contact has Net debt/EBITDA of 10.89
- The J. M. Smucker has Net debt/EBITDA of 10.89
- AT&T has Net debt/EBITDA of 10.89