Net Debt-to-EBITDA Ratio: Definition, Formula, and Example.
What is the Net Debt-to-EBITDA Ratio? The net debt-to-EBITDA ratio is a financial measure used to assess a company’s leverage. This ratio is calculated by dividing a company’s net debt by its earnings before interest, taxes, depreciation, and amortization (EBITDA). A higher net debt-to-EBITDA ratio indicates a company has more debt and is less able … Read more