American National Inc Net debt/EBITDA
¿Qué es el Net debt/EBITDA de American National Inc?
El Net debt/EBITDA de American National Group Inc es -8.85
¿Cuál es la definición de 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 de compañías en Sector Finance en NASDAQ en comparadas con American National Inc
¿Qué hace American National Inc?
American National is a family of companies. American National Insurance Company, founded in 1905 and headquartered in Galveston, Texas, and other American National subsidiaries offer a broad portfolio of products and services, which include life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The American National companies operate in all 50 states. American National established a dedicated property and casualty division in 1973 with American National Property And Casualty Company, Springfield, MO. This company serves 38 states not including NY. To better serve the unique insurance needs of the agricultural market, American National acquired the Farm Family group of insurance companies based in NY in 2001
Empresas con net debt/ebitda similar a American National Inc
- BNCCORP tiene Net debt/EBITDA de -8.89
- Core Gold tiene Net debt/EBITDA de -8.89
- Select Bancorp Inc tiene Net debt/EBITDA de -8.89
- Amlogic (Shanghai) Co tiene Net debt/EBITDA de -8.86
- Matsa Resources tiene Net debt/EBITDA de -8.86
- Corero Network Security plc tiene Net debt/EBITDA de -8.85
- American National Inc tiene Net debt/EBITDA de -8.85
- Billington Plc tiene Net debt/EBITDA de -8.84
- Tilray Brands Inc tiene Net debt/EBITDA de -8.82
- Goldlion tiene Net debt/EBITDA de -8.81
- Renrui Human Resources Technology tiene Net debt/EBITDA de -8.81
- ZTE tiene Net debt/EBITDA de -8.81
- Neurocrine Biosciences tiene Net debt/EBITDA de -8.80