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BSHVF (Bushveld Minerals) Debt-to-EBITDA : -4.43 (As of Jun. 2024)


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What is Bushveld Minerals Debt-to-EBITDA?

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

Bushveld Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5.9 Mil. Bushveld Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $119.1 Mil. Bushveld Minerals's annualized EBITDA for the quarter that ended in Jun. 2024 was $-28.2 Mil. Bushveld Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -4.43.

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 Bushveld Minerals's Debt-to-EBITDA or its related term are showing as below:

BSHVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.45   Med: -2.08   Max: 0.5
Current: -1.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bushveld Minerals was 0.50. The lowest was -20.45. And the median was -2.08.

BSHVF's Debt-to-EBITDA is ranked worse than
100% of 522 companies
in the Metals & Mining industry
Industry Median: 1.715 vs BSHVF: -1.30

Bushveld Minerals Debt-to-EBITDA Historical Data

The historical data trend for Bushveld Minerals'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.

Bushveld Minerals Debt-to-EBITDA Chart

Bushveld Minerals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 -6.83 -13.10 -20.46 -1.45

Bushveld Minerals Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.43 -2.15 5.92 -0.65 -4.43

Competitive Comparison of Bushveld Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Bushveld Minerals'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.


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

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

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



Bushveld Minerals Debt-to-EBITDA Calculation

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

Bushveld Minerals's Debt-to-EBITDA for the fiscal year 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
=(61.249 + 45.754) / -73.8
=-1.45

Bushveld Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.946 + 119.055) / -28.208
=-4.43

* 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. 2024) EBITDA data.


Bushveld Minerals  (OTCPK:BSHVF) 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.


Bushveld Minerals Debt-to-EBITDA Related Terms

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


Bushveld Minerals Business Description

Traded in Other Exchanges
Address
9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116
Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).