Net debt/EBITDA CIMC-TianDa Holdings Company Limited является N/A
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.
CIMC-TianDa Holdings Company Limited, an investment holding company, manufactures and sells airport equipment in the People's Republic of China, rest of Asia, North America, Europe, the Middle East, Africa, South America, and Oceania. It operates through four segments: Passengers Boarding Bridge and Automated Parking System, Ground Support Equipment, Logistics System Business, Fire Engines and Fire Prevention and Fighting Equipment. It manufactures and sells passenger boarding bridges for connecting airport terminals to commercial aircraft, as well as automated vehicle parking systems, such as vertical lifting parking systems, aisle stacking parking systems, vertical and horizontal carriage parking systems, and lift-only parking systems; and manufactures and repairs airport group support equipment comprising airport apron buses, aircraft catering vehicles, cargo loaders, and other specialised vehicles. The company also offers engineering and computer software solutions for baggage, cargos, and materials handling and warehousing systems; and produces and sells fire engines, and fire prevention and fighting equipment. In addition, it offers maintenance and other specialised business services for airport and harbour equipment, as well as infrastructural engineering and maintenance services; sells and distributes passenger boarding bridge and ground support equipment, modern logistics automation system, and high speed sorting systems; supplies and maintains airport logistics systems and equipment; provides sale and technical services of automatic parking system and equipment, mechanical products, metal structural parts, self-produced products, and agent products; and develops and sale of air conditioning equipment. The company is headquartered in Wan Chai, Hong Kong. CIMC-TianDa Holdings Company Limited is a subsidiary of China International Marine Containers (Hong Kong) Limited.