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Chaarat Gold Holdings (LSE:CGH) Debt-to-EBITDA : 1.36 (As of Dec. 2023)


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What is Chaarat Gold Holdings Debt-to-EBITDA?

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

Chaarat Gold Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £29.67 Mil. Chaarat Gold Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Chaarat Gold Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was £21.83 Mil. Chaarat Gold Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.36.

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

LSE:CGH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.86   Med: -4.88   Max: 3.31
Current: -11.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chaarat Gold Holdings was 3.31. The lowest was -25.86. And the median was -4.88.

LSE:CGH's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs LSE:CGH: -11.56

Chaarat Gold Holdings Debt-to-EBITDA Historical Data

The historical data trend for Chaarat Gold Holdings'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.

Chaarat Gold Holdings Debt-to-EBITDA Chart

Chaarat Gold Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.80 -25.86 3.31 -8.23 -4.88

Chaarat Gold Holdings 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 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 5.08 3.05 -2.98 -1.45 1.36

Competitive Comparison of Chaarat Gold Holdings's Debt-to-EBITDA

For the Gold subindustry, Chaarat Gold Holdings'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.


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

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

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



Chaarat Gold Holdings Debt-to-EBITDA Calculation

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

Chaarat Gold Holdings'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
=(29.673 + 0) / -6.076
=-4.88

Chaarat Gold Holdings'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
=(29.673 + 0) / 21.83
=1.36

* 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 (Dec. 2023) EBITDA data.


Chaarat Gold Holdings  (LSE:CGH) 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.


Chaarat Gold Holdings Debt-to-EBITDA Related Terms

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


Chaarat Gold Holdings (LSE:CGH) Business Description

Traded in Other Exchanges
Address
103 Ibraimov Street, 10th floor, Victory Business Centre, Bishkek, KGZ, 720011
Chaarat Gold Holdings Ltd is an exploration and development company. The company is a gold mining company which owns and operates the Kapan mine in Armenia as well as the Tulkubash and Kyzyltash gold projects in the Kyrgyz Republic. The company's segments include Exploration for mineral deposits in the Kyrgyz Republic with support provided from the British Virgin Islands; and Exploration and production of copper and zinc concentrates at Kapan in Armenia. The company generates majority of its revenue from Armenia segment.

Chaarat Gold Holdings (LSE:CGH) Headlines

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