Exxon Mobil Net debt/EBITDA
What is the Net debt/EBITDA of Exxon Mobil?
The Net debt/EBITDA of Exxon Mobil Corp. is 0.45
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 Energy sector on NYSE compared to Exxon Mobil
What does Exxon Mobil do?
ExxonMobil Corporation is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefellers Standard Oil.
Companies with net debt/ebitda similar to Exxon Mobil
- Fr.Vorwerk Grp Se Inh On has Net debt/EBITDA of 0.44
- Sony has Net debt/EBITDA of 0.44
- Green International has Net debt/EBITDA of 0.44
- Australian Clinical Labs has Net debt/EBITDA of 0.45
- Oncorus has Net debt/EBITDA of 0.45
- SLR Investment Corp has Net debt/EBITDA of 0.45
- Exxon Mobil has Net debt/EBITDA of 0.45
- Canfield Medical Supply has Net debt/EBITDA of 0.45
- Koninklijke Brill NV has Net debt/EBITDA of 0.45
- Koninklijke Brill NV has Net debt/EBITDA of 0.45
- 49 North Resources has Net debt/EBITDA of 0.46
- Auto Trader plc has Net debt/EBITDA of 0.46
- PBF Inc has Net debt/EBITDA of 0.46