Tuff AG Net debt/EBITDA
What is the Net debt/EBITDA of Tuff AG?
The Net debt/EBITDA of Tuff Group AG is -143,771.79
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 Industrials sector on XETRA compared to Tuff AG
What does Tuff AG do?
Tuff Group AG engages in the oil and gas, infrastructure, and energy fields. It provides engineering, procurement, construction, installation, and commissioning services to the oil and gas, and energy sector, as well as offers related operations and maintenance services. The company also engages in planning, designing, and engineering activities; consulting and construction management; and project management business in areas of roads, bridges, highways, inland waterways, ports and terminals, real estate and resorts development, water and wastewater treatment, and affordable housing. In addition, it acts as a general contractor for infrastructure projects. The company was founded in 2015 and is headquartered in Singapore.
Companies with net debt/ebitda similar to Tuff AG
- PT Bank Central Asia Tbk has Net debt/EBITDA of -199,119.66
- BTC Digital has Net debt/EBITDA of -182,246.33
- Tuff AG has Net debt/EBITDA of -143,771.79
- Mitsubishi UFJ has Net debt/EBITDA of -82,229.31
- Sumitomo Mitsui Inc has Net debt/EBITDA of -17,905.27
- PT Bank Mandiri (Persero) Tbk has Net debt/EBITDA of -9,076.74
- Reading International Inc has Net debt/EBITDA of -8,244.94
- Come Sure () has Net debt/EBITDA of -7,872.78
- Nomura has Net debt/EBITDA of -7,614.49