BeWhere Net debt/EBITDA
What is the Net debt/EBITDA of BeWhere?
The Net debt/EBITDA of BeWhere Holdings Inc. is -20.37
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 TSXV compared to BeWhere
What does BeWhere do?
BeWhere Holdings Inc., an industrial Internet of Things (IIoT) solutions company, designs and sells hardware with sensors and software applications to track real-time information on non-powered fixed and movable assets, as well as monitor environmental conditions. It develops mobile applications, middle-ware, and cloud-based solutions that stand-alone or that can be integrated with existing software. The company's products include Bluetooth beacons; fixed Bluetooth/Wi-Fi gateways; and mobile IoT applications for the narrow band-IoT and long term evolution for machines evolution of beacons. It serves emergency service, construction, utility, and transportation industries. The company was founded in 1994 and is headquartered in Etobicoke, Canada.
Companies with net debt/ebitda similar to BeWhere
- Impinj Inc has Net debt/EBITDA of -20.74
- FRMO has Net debt/EBITDA of -20.73
- Jayex Healthcare has Net debt/EBITDA of -20.56
- Freedom Corp has Net debt/EBITDA of -20.53
- Clean Fuels Corp has Net debt/EBITDA of -20.52
- Palace Banquet has Net debt/EBITDA of -20.51
- BeWhere has Net debt/EBITDA of -20.37
- Dynatrace Inc has Net debt/EBITDA of -20.32
- Bed, Bath & Beyond has Net debt/EBITDA of -20.31
- Angus Plc has Net debt/EBITDA of -20.30
- Smiledirectclub Inc has Net debt/EBITDA of -20.27
- BaWang International () has Net debt/EBITDA of -20.22
- Funding Circle plc has Net debt/EBITDA of -20.22