ND/EBITDA

Net cash, or net debt over EBITDA

One of the 64 measures in Stock Scorer, under Resilience — Can the balance sheet absorb a bad year?

How it is worked out

Net cash ÷ enterprise value, or net debt ÷ EBITDA

Net cash is cash and short-term investments minus all debt and finance leases. A company holding net cash is scored on how large that buffer is against its own value; one holding net debt on how many years of EBITDA would repay it.

How to read it

net cash earns the top mark; leverage is banded from there

Highest on this measure

#	Company	ND/EBITDA
1	GYC.F Grand City Properties S.A.	172.34
2	KIE.L KIER GROUP PLC	96.33
3	APOS APOLLO GLOBAL MANAGEMENT, INC.	44.85
4	WF Woori Financial Group Inc.	38.61
5	PARP.PA GROUPE PARTOUCHE	33.86
6	DQ DAQO NEW ENERGY CORP.	32.58
7	80E.F GRUPO EMPRESARIAL SAN JOSE, SA	31.98
8	CLPS CLPS Incorporation	20.35

The fifty highest on this measure, worked out from the same filings.

Which figures it needs

Computed from 8 figures taken from the filing:

operating_income
dep_amort
debt_long
debt_short
finance_lease_long
finance_lease_short
cash
short_term_investments

The XBRL tags behind it

These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.

OperatingIncomeLoss
ProfitLossFromOperatingActivities
DepreciationDepletionAndAmortization
DepreciationAmortizationAndAccretionNet
DepreciationAndAmortization
Depreciation
DepreciationAndAmortisationExpense
DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
AdjustmentsForDepreciationAndAmortisationExpense
AdjustmentsForDepreciationExpense
DepreciationExpense
DepreciationPropertyPlantAndEquipment
LongTermDebtAndCapitalLeaseObligations
LongTermDebtNoncurrent
LongTermDebt
NotesPayableNoncurrent
LongtermBorrowings
LongTermDebtAndCapitalLeaseObligationsCurrent
LongTermDebtCurrent
DebtCurrent
ShortTermBorrowings
NotesPayableCurrent
FinanceLeaseLiabilityNoncurrent
FinanceLeaseLiabilityCurrent
CashAndCashEquivalentsAtCarryingValue
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
CashAndCashEquivalents
ShortTermInvestments
AvailableForSaleSecuritiesDebtSecuritiesCurrent
MarketableSecuritiesCurrent
OtherShortTermInvestments
OtherCurrentFinancialAssets

Whether it counts

This measure is counted in Resilience by default. It can be taken out on the dashboard, and the dimension is then measured over whatever is left.