Haina Intelligent Equip Intl Net debt/EBITDA
What is the Net debt/EBITDA of Haina Intelligent Equip Intl?
The Net debt/EBITDA of Haina Intelligent Equip Intl is -2,343.02
What is the definition of 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 of companies in the Industrials sector on HKSE compared to Haina Intelligent Equip Intl
What does Haina Intelligent Equip Intl do?
Haina Intelligent Equipment International Holdings Limited, an investment holding company, designs, produces, and sells automated machines for manufacturing disposable hygiene products in the People's Republic of China and internationally. It offers machines for baby diapers, adult diapers, lady sanitary napkins, and medical disposable face masks, as well as related components and parts under the Haina Machinery brand. The company was founded in 2011 and is headquartered in Jinjiang, the People's Republic of China. Haina Intelligent Equipment International Holdings Limited is a subsidiary of Prestige Name International Limited.
Companies with net debt/ebitda similar to Haina Intelligent Equip Intl
- Baylin Technologies has Net debt/EBITDA of -3,787.94
- Compagnie du Cambodge has Net debt/EBITDA of -3,384.00
- Broadway has Net debt/EBITDA of -3,103.60
- Kandi Technologies Inc has Net debt/EBITDA of -2,789.58
- Top Spring International has Net debt/EBITDA of -2,670.40
- Cuda Oil and Gas has Net debt/EBITDA of -2,482.90
- Haina Intelligent Equip Intl has Net debt/EBITDA of -2,343.02
- Nebius N.V has Net debt/EBITDA of -2,303.36
- Dynex Capital has Net debt/EBITDA of -2,116.87
- Cheniere has Net debt/EBITDA of -1,757.47
- DreamEast has Net debt/EBITDA of -1,637.29
- Hua Lien International () has Net debt/EBITDA of -1,581.67
- Jupiter has Net debt/EBITDA of -1,558.57