B Communications Net debt/EBITDA
What is the Net debt/EBITDA of B Communications?
The Net debt/EBITDA of B Communications Ltd. is 38.89
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 Communication Services sector on NASDAQ compared to B Communications
What does B Communications do?
B Communications Ltd. operates as a holding company, which engages in the provision of telecommunications services. It provides telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures, provision of communications services to other communications providers and the supply and maintenance of equipment on customer premises, which is referred to as network end point, or NEP services. The company was founded by Shaul Elovitch in 1999 and is headquartered in Ramat-Gan, Israel.
Companies with net debt/ebitda similar to B Communications
- American Hotel Income Properties REIT LP has Net debt/EBITDA of 38.71
- Liberty Media has Net debt/EBITDA of 38.73
- Raffles Interior Ltd has Net debt/EBITDA of 38.75
- Wright Medical NV has Net debt/EBITDA of 38.83
- Creative Realities Inc has Net debt/EBITDA of 38.86
- Sienna Senior Living has Net debt/EBITDA of 38.87
- B Communications has Net debt/EBITDA of 38.89
- China SCE Property has Net debt/EBITDA of 38.92
- Fortress Transportation and Infrastructure Investors has Net debt/EBITDA of 39.00
- Sleep Number Corp has Net debt/EBITDA of 39.05
- Jaywing plc has Net debt/EBITDA of 39.05
- Vulcan Minerals has Net debt/EBITDA of 39.14
- Equity Bancshares Inc has Net debt/EBITDA of 39.16