CEWE Stiftung & Co. KGaA Net debt/EBITDA
What is the Net debt/EBITDA of CEWE Stiftung & Co. KGaA?
The Net debt/EBITDA of CEWE Stiftung & Co. KGaA is -1.36
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 Discretionary sector on XETRA compared to CEWE Stiftung & Co. KGaA
What does CEWE Stiftung & Co. KGaA do?
CEWE Stiftung & Co. KGaA engages in photofinishing and commercial online printing businesses in Germany and internationally. It operates through three segments: Photofinishing, Retail, and Commercial Online Printing. The company offers photographic prints, posters and wall art, calendars, greeting cards, mobile phone cases, and various photo gift items. It also provides online printing services under the SAXOPRINT, CEWE-PRINT.de, viaprinto.de, and LASERLINE brand names; and markets photo products under the CEWE, WhiteWall, Cheerz, and DeinDesign brands, as well as business stationery products. In addition, the company is involved in the operation of retail stores and online shops that offers cameras, lenses, accessories, and services, as well as in real estate and equity investment businesses. It operates approximately 100 stores. The company was founded in 1912 and is headquartered in Oldenburg, Germany.
Companies with net debt/ebitda similar to CEWE Stiftung & Co. KGaA
- BBHC Inc has Net debt/EBITDA of -1.37
- Toromont Industries has Net debt/EBITDA of -1.37
- Filtronic plc has Net debt/EBITDA of -1.37
- Serma Societe anonyme has Net debt/EBITDA of -1.37
- Windtree Therapeutics has Net debt/EBITDA of -1.37
- Guardian Capital has Net debt/EBITDA of -1.37
- CEWE Stiftung & Co. KGaA has Net debt/EBITDA of -1.36
- Sogeclair SA has Net debt/EBITDA of -1.36
- Lakeland has Net debt/EBITDA of -1.36
- Xtierra has Net debt/EBITDA of -1.36
- Amethystum Storage Technology Co., Ltd has Net debt/EBITDA of -1.35
- Guangdong Tannery has Net debt/EBITDA of -1.35
- Comprehensive Healthcare Systems has Net debt/EBITDA of -1.35