SRAX Inc Net debt/EBITDA
What is the Net debt/EBITDA of SRAX Inc?
The Net debt/EBITDA of SRAX Inc is 0.65
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 SRAX Inc
What does SRAX Inc do?
digital marketing and data management platform delivering the tools to unlock the value of data across marketing channels. srax leads innovation in the digital advertising and consumer data market by identifying brands and content owners’ core consumers and discovering new and measurable opportunities to amplify their campaign performance.
Companies with net debt/ebitda similar to SRAX Inc
- Adamis Pharmaceuticals has Net debt/EBITDA of 0.65
- Bank Of America has Net debt/EBITDA of 0.65
- Greek Organisation of Football Prognostics SA has Net debt/EBITDA of 0.65
- Contact Gold has Net debt/EBITDA of 0.65
- Christian Dior SE has Net debt/EBITDA of 0.65
- Christian Dior SE has Net debt/EBITDA of 0.65
- SRAX Inc has Net debt/EBITDA of 0.65
- Healthlynked has Net debt/EBITDA of 0.65
- Geopacific Resources has Net debt/EBITDA of 0.66
- Therma Bright has Net debt/EBITDA of 0.66
- TIM Participações SA has Net debt/EBITDA of 0.66
- Genasys Inc has Net debt/EBITDA of 0.66
- Midas Gold has Net debt/EBITDA of 0.66