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Australian Zircon NL (ASX:AZCCA) Debt-to-EBITDA : -24.95 (As of Jun. 2015)


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What is Australian Zircon NL Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Australian Zircon NL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$106.86 Mil. Australian Zircon NL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$0.00 Mil. Australian Zircon NL's annualized EBITDA for the quarter that ended in Jun. 2015 was A$-4.28 Mil. Australian Zircon NL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was -24.94.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Australian Zircon NL's Debt-to-EBITDA or its related term are showing as below:

ASX:AZCCA's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Australian Zircon NL Debt-to-EBITDA Historical Data

The historical data trend for Australian Zircon NL's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Australian Zircon NL Debt-to-EBITDA Chart

Australian Zircon NL Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.40 -82.48 -19.22 355.87 -16.36

Australian Zircon NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Jun10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.06 -44.06 37.38 -11.52 -24.95

Competitive Comparison of Australian Zircon NL's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Australian Zircon NL's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Australian Zircon NL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Australian Zircon NL's Debt-to-EBITDA falls into.



Australian Zircon NL Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Australian Zircon NL's Debt-to-EBITDA for the fiscal year that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(106.864 + 0) / -6.531
=-16.36

Australian Zircon NL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(106.864 + 0) / -4.284
=-24.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Jun. 2015) EBITDA data.


Australian Zircon NL  (ASX:AZCCA) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Australian Zircon NL Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Australian Zircon NL's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Australian Zircon NL (ASX:AZCCA) Business Description

Traded in Other Exchanges
N/A
Address
Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

Australian Zircon NL (ASX:AZCCA) Headlines

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