MLG Oz (ASX:MLG) Debt-to-EBITDA : 1.07 (As of Dec. 2023)

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What is MLG Oz Debt-to-EBITDA?

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

MLG Oz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$29.7 Mil. MLG Oz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$29.6 Mil. MLG Oz's annualized EBITDA for the quarter that ended in Dec. 2023 was A$55.5 Mil. MLG Oz's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.07.

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 MLG Oz's Debt-to-EBITDA or its related term are showing as below:

ASX:MLG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.36 Med: 2.39 Max: 2.48
Current: 1.62

During the past 3 years, the highest Debt-to-EBITDA Ratio of MLG Oz was 2.48. The lowest was 1.36. And the median was 2.39.

ASX:MLG's Debt-to-EBITDA is ranked better than
55.24% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:MLG: 1.62

MLG Oz Debt-to-EBITDA Historical Data

The historical data trend for MLG Oz'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.

MLG Oz Debt-to-EBITDA Chart

MLG Oz Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-EBITDA

1.36

2.48

2.39

MLG Oz Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			2.40	2.54	2.08	3.42	1.07

Competitive Comparison of MLG Oz's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, MLG Oz'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.

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

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

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

MLG Oz Debt-to-EBITDA Calculation

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

MLG Oz'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
	=	(30.673	+	30.216)	/	25.44
	=	2.39

MLG Oz's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(29.731	+	29.61)	/	55.52
	=	1.07

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. 2023) EBITDA data.

MLG Oz (ASX:MLG) 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.

MLG Oz Debt-to-EBITDA Related Terms

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

MLG Oz (ASX:MLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MLG Oz Ltd (ASX:MLG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Yindi Way, Broadwood, Kalgoorlie, WA, AUS, 6430

Website

https://www.mlgoz.com.au

MLG Oz Ltd operates within the Australian mining industry. It offers comprehensive supply chain solutions such as crushing and screening, quarry products and bulk transport services.