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Havilah Resources (ASX:HAV) Debt-to-EBITDA : 0.05 (As of Jan. 2024)


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What is Havilah Resources Debt-to-EBITDA?

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

Havilah Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was A$0.03 Mil. Havilah Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was A$0.13 Mil. Havilah Resources's annualized EBITDA for the quarter that ended in Jan. 2024 was A$2.89 Mil. Havilah Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 0.05.

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 Havilah Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:HAV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.05   Med: -0.03   Max: 0.06
Current: 0.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Havilah Resources was 0.06. The lowest was -5.05. And the median was -0.03.

ASX:HAV's Debt-to-EBITDA is ranked better than
94.4% of 536 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:HAV: 0.05

Havilah Resources Debt-to-EBITDA Historical Data

The historical data trend for Havilah Resources'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.

Havilah Resources Debt-to-EBITDA Chart

Havilah Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -0.03 -0.03 -0.04 0.06

Havilah Resources Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -0.05 -0.03 0.06 0.05 0.05

Competitive Comparison of Havilah Resources's Debt-to-EBITDA

For the Gold subindustry, Havilah Resources'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.


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

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

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



Havilah Resources Debt-to-EBITDA Calculation

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

Havilah Resources's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.038 + 0.134) / 3.148
=0.05

Havilah Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.031 + 0.126) / 2.888
=0.05

* 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 (Jan. 2024) EBITDA data.


Havilah Resources  (ASX:HAV) 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.


Havilah Resources Debt-to-EBITDA Related Terms

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


Havilah Resources (ASX:HAV) Business Description

Traded in Other Exchanges
Address
107 Rundle Street, Kent Town, SA, AUS, 5067
Havilah Resources Ltd is a mineral exploration and development company. The company explores Gold, copper, cobalt, and other base metals. It is engaged in exploring its projects in South Australia. The company holds interests in the Kalkaroo copper-gold-molybdenum project, Mutooroo copper-cobalt-gold project, Maldorky iron ore project, Grants iron ore project, and Prospect Hill tin project.

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