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Gatos Silver (Gatos Silver) Debt-to-EBITDA : 0.03 (As of Mar. 2024)


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What is Gatos Silver Debt-to-EBITDA?

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

Gatos Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Gatos Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.26 Mil. Gatos Silver's annualized EBITDA for the quarter that ended in Mar. 2024 was $10.32 Mil. Gatos Silver's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.02.

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 Gatos Silver's Debt-to-EBITDA or its related term are showing as below:

During the past 12 years, the highest Debt-to-EBITDA Ratio of Gatos Silver was 0.10. The lowest was -1.42. And the median was -0.19.

GATO's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Gatos Silver Debt-to-EBITDA Historical Data

The historical data trend for Gatos Silver'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.

Gatos Silver Debt-to-EBITDA Chart

Gatos Silver Annual Data
Trend Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.19 0.10 -

Gatos Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.12 -0.36 - - 0.03

Competitive Comparison of Gatos Silver's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Gatos Silver'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.


Gatos Silver's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Gatos Silver Debt-to-EBITDA Calculation

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

Gatos Silver'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
=(0 + 0) / 88.763
=0.00

Gatos Silver's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.255) / 10.316
=0.02

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Gatos Silver  (NYSE:GATO) 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.


Gatos Silver Debt-to-EBITDA Related Terms

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


Gatos Silver (Gatos Silver) Business Description

Traded in Other Exchanges
Address
925 West Georgia Street, Suite 910, Vancouver, BC, CAN, V6C 3L2
Gatos Silver Inc is a development and exploration company. It is focused on the production of Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District, both located in Chihuahua, Mexico. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The Company's reportable segments are based on the Company's mineral interests and management structure and include Mexico and Corporate segments. The Mexico segment engages in the exploration, development, and operation of the Company's Mexican mineral interests and includes the Company's investment in its LGJV.
Executives
Dale Andres officer: President 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Anthony Michael Scott officer: VP, Eval. & Technical Services C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Stephen D Bodley officer: General Counsel C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
James Woeller officer: VP, Corp Dev & Bus Improvement 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Quintanilla Daniel Muniz director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Van Niekerk Pieter A. officer: Chief Financial Officer 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Nicolas Vachon officer: Vice President, Finance 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Rodrigo Monroy officer: General Counsel 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLLAGE CO 80111
Stephen A. Orr director, officer: Chief Executive Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Electrum Silver Us Llc 10 percent owner 535 MADISON AVENUE, 12TH FL., NEW YORK NY 10022
Electrum Group Llc 10 percent owner 535 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10022
Philip Pyle officer: VP of Expl & Chief Geologist 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Luis Felipe Huerta officer: Vice President, Mexico 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
John Kinyon officer: Chief Operating Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Adam Dubas officer: Chief Administrative Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111