Ero Copper (Ero Copper) Debt-to-Revenue : 0.96 (As of Dec. 2023)

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What is Ero Copper Debt-to-Revenue?

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

Ero Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $31.4 Mil. Ero Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $414.5 Mil. Ero Copper's annualized Revenue for the quarter that ended in Dec. 2023 was $465.7 Mil. Ero Copper's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.96.

Ero Copper Debt-to-Revenue Historical Data

The historical data trend for Ero Copper's Debt-to-Revenue 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.

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Ero Copper Debt-to-Revenue Chart

Ero Copper Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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0.57

0.52

0.14

1.01

1.04

Ero Copper Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial															0.92	1.05	1.05	-	0.96

Competitive Comparison of Ero Copper's Debt-to-Revenue

For the Copper subindustry, Ero Copper's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Ero Copper's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ero Copper's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ero Copper's Debt-to-Revenue falls into.

Ero Copper Debt-to-Revenue Calculation

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

Ero Copper's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(31.377	+	414.459)	/	427.48
	=	1.04

Ero Copper's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(31.377	+	414.459)	/	465.656
	=	0.96

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.

Ero Copper Debt-to-Revenue Related Terms

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Ero Copper (Ero Copper) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ero Copper Corp (NYSE:ERO) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

E0B:Germany ERO:Canada

Address

625 Howe Street, Suite 1050, Vancouver, BC, CAN, V6C 2T6

Website

https://www.erocopper.com

Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine. It holds an interest in MCSA Mining Complex, Boa Esperanca property, and NX Gold Property.