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Galena Mining (ASX:G1A) Debt-to-EBITDA : -29.76 (As of Dec. 2022)


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What is Galena Mining Debt-to-EBITDA?

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

Galena Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$20.18 Mil. Galena Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$176.76 Mil. Galena Mining's annualized EBITDA for the quarter that ended in Dec. 2022 was A$-6.62 Mil. Galena Mining's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was -29.76.

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 Galena Mining's Debt-to-EBITDA or its related term are showing as below:

ASX:G1A' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.64   Med: -7.5   Max: -0.52
Current: -5.79

During the past 6 years, the highest Debt-to-EBITDA Ratio of Galena Mining was -0.52. The lowest was -15.64. And the median was -7.50.

ASX:G1A's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 1.965 vs ASX:G1A: -5.79

Galena Mining Debt-to-EBITDA Historical Data

The historical data trend for Galena Mining'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.

Galena Mining Debt-to-EBITDA Chart

Galena Mining Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial - -0.52 -9.21 -15.64 -5.79

Galena Mining Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.57 -7.23 -11.49 -29.76 -3.18

Competitive Comparison of Galena Mining's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Galena Mining'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.


Galena Mining's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Galena Mining's Debt-to-EBITDA falls into.



Galena Mining Debt-to-EBITDA Calculation

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

Galena Mining's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(33.912 + 179.681) / -36.892
=-5.79

Galena Mining's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.18 + 176.757) / -6.618
=-29.76

* 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 (Dec. 2022) EBITDA data.


Galena Mining  (ASX:G1A) 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.


Galena Mining Debt-to-EBITDA Related Terms

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


Galena Mining (ASX:G1A) Business Description

Traded in Other Exchanges
Address
1100 Hay Street, Level 2, PO Box 297, West Perth, Perth, WA, AUS, 6872
Galena Mining Ltd is engaged in the mining industry. It explores and develops base metals in Australia through the Abra base metal deposit project. The company's operating segment includes Abra Project; Exploration and Other Activities. It generates maximum revenue from the Abra Project segment.

Galena Mining (ASX:G1A) Headlines

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