New West Services EBITDA
What is the EBITDA of New West Services?
The EBITDA of New West Energy Services Inc. is -CAD$102.88
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
EBITDA of companies in the Energy sector on TSXV compared to New West Services
What does New West Services do?
New West Energy Services Inc. provides waste management and environmental services to the drilling, completions, and production sectors of the oil and gas industry in Canada. The company operates through two business segments: Vacuum and Water Truck Services, and Environmental Services. Its environmental services cover drilling waste testing, disposal, and treatment; mud system management; disposal management and coordination; pipeline crossings project management; sump suitability assessments; spill response and management; pre-disturbance environmental assessments and approvals; and drilling and completions water management, including TDL application, sourcing, monitoring, and usage tracking. The company was formerly known as Lexacal Investment Corp. and changed its name to New West Energy Services Inc. in October 2007. New West Energy Services Inc. was incorporated in 1986 and is headquartered in Calgary, Canada.
Companies with ebitda similar to New West Services
- Nicodrops has EBITDA of -$112.07
- Ecoslops SA has EBITDA of -€110.80
- Trend Innovations has EBITDA of -$108.24
- Retail NV has EBITDA of -$108.00
- Rodedawg International Industries has EBITDA of -$105.94
- Eastfield Resources has EBITDA of -CAD$103.69
- New West Services has EBITDA of -CAD$102.88
- Shun Wo has EBITDA of -HKD$101.00
- Golden Harp Resources has EBITDA of -CAD$100.45
- Gray Rock Resources has EBITDA of -$98.68
- Eastwood Bio-Medical Canada has EBITDA of -CAD$98.51
- Jiulian Resources has EBITDA of -$97.59
- Volt Power has EBITDA of -AUD$96.71