Long-Term Debt to EBITDA
"Long-Term Debt to EBITDA" is a financial metric that measures the amount of long-term debt a company has in relation to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is calculated by dividing a company's long-term debt by its EBITDA. This ratio is used to evaluate the company's ability to repay its long-term debt obligations. A higher Long-Term Debt to EBITDA ratio indicates that a company has more debt in proportion to its earnings, which may make it riskier to invest in. Conversely, a lower ratio indicates that a company has lower debt and is therefore more stable financially.
Additional Details
| Metric Name |
Type |
Default Period Type |
| lt_debt_to_ebitda |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
number |
float |