Whitehaven Coal (FRA:WC2) Debt-to-EBITDA : 0.14 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Whitehaven Coal Debt-to-EBITDA?

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

Whitehaven Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €37 Mil. Whitehaven Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €52 Mil. Whitehaven Coal's annualized EBITDA for the quarter that ended in Dec. 2023 was €636 Mil. Whitehaven Coal's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.14.

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 Whitehaven Coal's Debt-to-EBITDA or its related term are showing as below:

FRA:WC2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.24 Med: 0.42 Max: 10.84
Current: 0.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Whitehaven Coal was 10.84. The lowest was -3.24. And the median was 0.42.

FRA:WC2's Debt-to-EBITDA is ranked better than
88.89% of 108 companies
in the Other Energy Sources industry
Industry Median: 1.225 vs FRA:WC2: 0.08

Whitehaven Coal Debt-to-EBITDA Historical Data

The historical data trend for Whitehaven Coal'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.

Whitehaven Coal Debt-to-EBITDA Chart

Whitehaven Coal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

Get a 7-Day Free Trial

0.42

3.47

-2.17

0.08

0.05

Whitehaven Coal Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.47	0.05	0.04	0.07	0.14

Competitive Comparison of Whitehaven Coal's Debt-to-EBITDA

For the Thermal Coal subindustry, Whitehaven Coal'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.

Whitehaven Coal's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Whitehaven Coal's Debt-to-EBITDA distribution charts can be found below:

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

Whitehaven Coal Debt-to-EBITDA Calculation

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

Whitehaven Coal'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
	=	(44.499	+	72.547)	/	2515.075
	=	0.05

Whitehaven Coal'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
	=	(36.744	+	51.645)	/	635.962
	=	0.14

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.

Whitehaven Coal (FRA:WC2) 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.

Whitehaven Coal Debt-to-EBITDA Related Terms

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

Whitehaven Coal (FRA:WC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Whitehaven Coal Ltd (FRA:WC2) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

WHITF:USA WHC:Australia

Address

259 George Street, Level 28, Sydney, NSW, AUS, 2000

Website

https://www.whitehavencoal.com.au

Whitehaven Coal is a large Australian independent thermal and semisoft metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also owns the large Vickery and Winchester South deposits in New South Wales and Queensland, respectively. Coal is railed to ports in Newcastle for export to Asian customers. It has agreed to buy Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi, effective mid-2024. Along with expanded production at Maules Creek and Narrabri, this should see its share of salable coal production approach 36 million metric tons from fiscal 2028, from about 13 million in fiscal 2023. Development of Vickery could see around 7 million metric tons of extra equity production, with first output likely from about 2025 in our view.

Whitehaven Coal (FRA:WC2) Headlines

No Headlines