Anglo-Eastern Plantations Plc Net debt/EBITDA
What is the Net debt/EBITDA of Anglo-Eastern Plantations Plc?
The Net debt/EBITDA of Anglo-Eastern Plantations Plc is -7.55
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 Consumer Staples sector on LSE compared to Anglo-Eastern Plantations Plc
What does Anglo-Eastern Plantations Plc do?
Anglo-Eastern Plantations Plc, together with its subsidiaries, owns, operates, and develops agriculture plantations in Indonesia and Malaysia. It primarily produces crude palm oil and associated products, such as palm kernels, shell nuts, fresh fruit bunches, biomass, and biogas products, as well as rubber slabs. The company also operates three biogas plants that generates and supplies surplus electricity to the national grid. As of December 31, 2020, it operated a planted area of approximately 73,600 hectares. The company was founded in 1985 and is based in London, the United Kingdom. Anglo-Eastern Plantations Plc is a subsidiary of Genton International Limited.
Companies with net debt/ebitda similar to Anglo-Eastern Plantations Plc
- Maruwa Co has Net debt/EBITDA of -7.59
- Design Capital has Net debt/EBITDA of -7.59
- Just Eat Takeaway.com N.V has Net debt/EBITDA of -7.59
- Yeebo (International ) has Net debt/EBITDA of -7.59
- Strabag SE has Net debt/EBITDA of -7.57
- Wing Chi has Net debt/EBITDA of -7.56
- Anglo-Eastern Plantations Plc has Net debt/EBITDA of -7.55
- Supernus Pharmaceuticals Inc has Net debt/EBITDA of -7.55
- Photon Control has Net debt/EBITDA of -7.54
- Golden Minerals has Net debt/EBITDA of -7.54
- Waitr Inc has Net debt/EBITDA of -7.53
- Citigold has Net debt/EBITDA of -7.53
- Southern Cross Electrical Engineering has Net debt/EBITDA of -7.52