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Ora Gold (ASX:OAU) Debt-to-EBITDA : 0.00 (As of Mar. 2023)


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What is Ora Gold Debt-to-EBITDA?

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

Ora Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was A$0.00 Mil. Ora Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was A$0.00 Mil. Ora Gold's annualized EBITDA for the quarter that ended in Mar. 2023 was A$-1.46 Mil. Ora Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 0.00.

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 Ora Gold's Debt-to-EBITDA or its related term are showing as below:

ASX:OAU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.1   Med: -1.05   Max: -0.08
Current: -0.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ora Gold was -0.08. The lowest was -2.10. And the median was -1.05.

ASX:OAU's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:OAU: -0.08

Ora Gold Debt-to-EBITDA Historical Data

The historical data trend for Ora Gold'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.

Ora Gold Debt-to-EBITDA Chart

Ora Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -1.05 -1.59 -2.10 -0.08

Ora Gold Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -1.90 -1.77 -2.08 - -0.07

Competitive Comparison of Ora Gold's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Ora Gold'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.


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

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

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



Ora Gold Debt-to-EBITDA Calculation

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

Ora Gold's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.054 + 0.111) / -1.973
=-0.08

Ora Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.462
=0.00

* 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 (Mar. 2023) EBITDA data.


Ora Gold  (ASX:OAU) 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.


Ora Gold Debt-to-EBITDA Related Terms

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


Ora Gold (ASX:OAU) Business Description

Traded in Other Exchanges
Address
5 Ord Street, Level 2, Suite 8, West Perth, WA, AUS, 6005
Ora Gold Ltd is engaged in the mineral exploration industry in Australia. The company projects include Garden Gully; Red Bore and Keller Creek in Western Australia. The Garden Gully Gold Project represents an excellent opportunity for the discovery of a new gold camp in a region that has an established track record of hosting such occurrences.

Ora Gold (ASX:OAU) Headlines

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