Millrock Resources Net debt/EBITDA
¿Qué es el Net debt/EBITDA de Millrock Resources?
El Net debt/EBITDA de Millrock Resources Inc. es 6.70
¿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 Materials en TSXV en comparadas con Millrock Resources
¿Qué hace Millrock Resources?
Millrock Resources Inc. engages in the acquisition and exploration of mineral properties. It deposits for gold, copper, porphyry, silver, and other metals. The company holds an interest in the Liberty Bell property covering an area of approximately 6,151 hectares; 64North Gold project covering an area of approximately 1,860 hectares; Chisna DragonSlayer project; and Apex El Nido covering an area of approximately 315 hectares located in Alaska. It also holds an interest in the El Batamote project covering a surface area of 5,796 hectares situated in Mexico. Millrock Resources Inc. was founded in 1979 and is headquartered in Vancouver, Canada.
Empresas con net debt/ebitda similar a Millrock Resources
- Pierre & Vacances SA tiene Net debt/EBITDA de 6.69
- Pierre et Vacances SA tiene Net debt/EBITDA de 6.69
- Honeywell International Inc tiene Net debt/EBITDA de 6.69
- Glanbia plc tiene Net debt/EBITDA de 6.69
- Glanbia plc tiene Net debt/EBITDA de 6.69
- Goodrich Petroleum tiene Net debt/EBITDA de 6.69
- Millrock Resources tiene Net debt/EBITDA de 6.70
- FedEx tiene Net debt/EBITDA de 6.70
- Pilgrim`s Pride tiene Net debt/EBITDA de 6.70
- Intersect ENT Inc tiene Net debt/EBITDA de 6.71
- Treasury Wine Estates tiene Net debt/EBITDA de 6.71
- Intercontinental Hotels tiene Net debt/EBITDA de 6.71
- Cyclacel Pharmaceuticals Inc tiene Net debt/EBITDA de 6.71