Domo Net debt/EBITDA
What is the Net debt/EBITDA of Domo?
The Net debt/EBITDA of Domo Inc. is -3.78
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 Domo
What does Domo do?
domo optimizes your business by connecting you to the data, people, and expertise you need to improve business results. domo helps every employee – from the ceo to the front line worker – optimize business performance by connecting them to the right data and people they need to improve business results. the company is backed with more than $500 million from the world’s best investors and is led by a management team with tenure at the world’s most well-known technology companies.
Companies with net debt/ebitda similar to Domo
- Maxim Integrated Products has Net debt/EBITDA of -3.82
- Canopy Growth has Net debt/EBITDA of -3.82
- Damstra has Net debt/EBITDA of -3.81
- Sientra Inc has Net debt/EBITDA of -3.81
- Appian Corp has Net debt/EBITDA of -3.81
- MNF has Net debt/EBITDA of -3.79
- Domo has Net debt/EBITDA of -3.78
- Billion Industrial has Net debt/EBITDA of -3.78
- Moiselle International has Net debt/EBITDA of -3.78
- Keboda has Net debt/EBITDA of -3.77
- Mimecast Ltd has Net debt/EBITDA of -3.77
- Andrews Sykes plc has Net debt/EBITDA of -3.75
- Cairn PLC has Net debt/EBITDA of -3.74