FedNat Co Net debt/EBITDA
¿Qué es el Net debt/EBITDA de FedNat Co?
El Net debt/EBITDA de FedNat Holding Co es 72.51
¿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 FedNat Co
¿Qué hace FedNat Co?
FedNat Holding Company is a regional insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through its subsidiaries and contractual relationships with independent agents and general agents. The Company, through its wholly owned subsidiaries FedNat Insurance Company, Maison Insurance Company, and Monarch National Insurance Company, is focused on providing homeowners insurance in Florida, Texas, Louisiana, Alabama, South Carolina and Mississippi.
Empresas con net debt/ebitda similar a FedNat Co
- Meridian Corp tiene Net debt/EBITDA de 71.93
- Fonciere Inea S.A tiene Net debt/EBITDA de 72.13
- I-Mab tiene Net debt/EBITDA de 72.20
- Tidewater Renewables Ltd tiene Net debt/EBITDA de 72.38
- Xiwang Property tiene Net debt/EBITDA de 72.40
- Shiloh Industries tiene Net debt/EBITDA de 72.44
- FedNat Co tiene Net debt/EBITDA de 72.51
- So-Young International tiene Net debt/EBITDA de 72.60
- Select Harvests tiene Net debt/EBITDA de 72.85
- Ellington Credit Co tiene Net debt/EBITDA de 72.90
- NexPoint Hospitality Trust tiene Net debt/EBITDA de 72.90
- WH Smith Plc tiene Net debt/EBITDA de 72.98
- Katek Se Inh O.N tiene Net debt/EBITDA de 73.29