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Mongolia Energy (Mongolia Energy) Debt-to-EBITDA : 42.72 (As of Sep. 2023)


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What is Mongolia Energy Debt-to-EBITDA?

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

Mongolia Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $157.5 Mil. Mongolia Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $587.8 Mil. Mongolia Energy's annualized EBITDA for the quarter that ended in Sep. 2023 was $17.4 Mil. Mongolia Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 42.72.

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 Mongolia Energy's Debt-to-EBITDA or its related term are showing as below:

MOAEY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -26.26   Med: 2.43   Max: 17.88
Current: -13.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mongolia Energy was 17.88. The lowest was -26.26. And the median was 2.43.

MOAEY's Debt-to-EBITDA is ranked worse than
100% of 493 companies
in the Steel industry
Industry Median: 2.66 vs MOAEY: -13.54

Mongolia Energy Debt-to-EBITDA Historical Data

The historical data trend for Mongolia Energy'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.

Mongolia Energy Debt-to-EBITDA Chart

Mongolia Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 2.54 2.33 17.88 -8.68

Mongolia Energy 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 7.28 -22.53 -11.15 -5.98 42.72

Competitive Comparison of Mongolia Energy's Debt-to-EBITDA

For the Coking Coal subindustry, Mongolia Energy'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.


Mongolia Energy's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolia Energy's Debt-to-EBITDA distribution charts can be found below:

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



Mongolia Energy Debt-to-EBITDA Calculation

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

Mongolia Energy's Debt-to-EBITDA for the fiscal year 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
=(166.279 + 594.409) / -87.67
=-8.68

Mongolia Energy's annualized Debt-to-EBITDA for the quarter 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
=(157.505 + 587.758) / 17.446
=42.72

* 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 (Sep. 2023) EBITDA data.


Mongolia Energy  (OTCPK:MOAEY) 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.


Mongolia Energy Debt-to-EBITDA Related Terms

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


Mongolia Energy (Mongolia Energy) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 17th Floor, Hong Kong, HKG
Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.

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