Freshpet Inc Net debt/EBITDA
What is the Net debt/EBITDA of Freshpet Inc?
The Net debt/EBITDA of Freshpet Inc is 7.15
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 NASDAQ compared to Freshpet Inc
What does Freshpet Inc do?
freshpet makes fresh and all natural refrigerated dog and cat food in the u.s., and is the fastest growing pet food brand, with refrigerators in over 16,000 stores. our mission is to bring the power of fresh food for pets everywhere in ways that are good for pets, people and the planet. at freshpet, we're passionate about what we do because we're pet lovers, and because we believe that as a team, we are making a real difference in pets' lives. while we’ve grown to a mid-sized company, it’s our entrepreneurial roots and small-company feel that make freshpet a thriving place to work.
Companies with net debt/ebitda similar to Freshpet Inc
- Mettler-Toledo International has Net debt/EBITDA of 7.13
- Jerónimo Martins SGPS SA has Net debt/EBITDA of 7.13
- Emerson Electric Co has Net debt/EBITDA of 7.14
- Turtle Beach Corp has Net debt/EBITDA of 7.14
- EQT Corp has Net debt/EBITDA of 7.15
- Arbutus Biopharma Corp has Net debt/EBITDA of 7.15
- Freshpet Inc has Net debt/EBITDA of 7.15
- Ingenico SA has Net debt/EBITDA of 7.15
- Arrival has Net debt/EBITDA of 7.15
- Cidara Therapeutics Inc has Net debt/EBITDA of 7.15
- Arnoldo Mondadori Editore S.p.A has Net debt/EBITDA of 7.15
- MVV Energie AG has Net debt/EBITDA of 7.16
- Total Produce plc has Net debt/EBITDA of 7.16