ND/EBITDA

Net cash, or net debt over EBITDA

One of the 61 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

Which figures it needs

Computed from 8 figures taken from the filing:

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.

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.