Canoe EIT Income Fund Net debt/EBITDA
Что обозначает Net debt/EBITDA в Canoe EIT Income Fund?
Net debt/EBITDA Canoe EIT Income Fund является -23.70
Какое определение для 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 компаний в Finance сектор на OTC по сравнению с Canoe EIT Income Fund
Что делает Canoe EIT Income Fund?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Компании с net debt/ebitda похож на Canoe EIT Income Fund
- PolyMet Mining имеет Net debt/EBITDA из -23.81
- Elevation Gold Mining Corporati имеет Net debt/EBITDA из -23.77
- ASX имеет Net debt/EBITDA из -23.76
- Sparta Commercial Services имеет Net debt/EBITDA из -23.73
- Global Bio-chem Technology имеет Net debt/EBITDA из -23.72
- Eolus Vind AB (publ) имеет Net debt/EBITDA из -23.71
- Canoe EIT Income Fund имеет Net debt/EBITDA из -23.70
- Pieridae имеет Net debt/EBITDA из -23.68
- International Business Settlement имеет Net debt/EBITDA из -23.67
- Mei Ah Entertainment имеет Net debt/EBITDA из -23.62
- Ivrnet имеет Net debt/EBITDA из -23.62
- G & M имеет Net debt/EBITDA из -23.56
- Compass имеет Net debt/EBITDA из -23.54