Advanced Micro Devices Net debt/EBITDA
What is the Net debt/EBITDA of Advanced Micro Devices?
The Net debt/EBITDA of Advanced Micro Devices Inc. is -3.50
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 Technology sector on NASDAQ compared to Advanced Micro Devices
What does Advanced Micro Devices do?
Advanced Micro Devices, Inc., commonly abbreviated as AMD, is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets
Companies with net debt/ebitda similar to Advanced Micro Devices
- DSG Global has Net debt/EBITDA of -3.52
- Renaissance Global has Net debt/EBITDA of -3.52
- Jakks Pacific has Net debt/EBITDA of -3.52
- China Healthwise has Net debt/EBITDA of -3.51
- ORBIS AG has Net debt/EBITDA of -3.51
- A.G. BARR Plc has Net debt/EBITDA of -3.51
- Advanced Micro Devices has Net debt/EBITDA of -3.50
- Flow Beverage has Net debt/EBITDA of -3.50
- Marley Spoon AG has Net debt/EBITDA of -3.50
- Marley Spoon AG has Net debt/EBITDA of -3.50
- DGR Global has Net debt/EBITDA of -3.50
- Teradyne has Net debt/EBITDA of -3.49
- Teradyne has Net debt/EBITDA of -3.49