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Pan African Resources (Pan African Resources) Debt-to-EBITDA : 0.61 (As of Dec. 2023)


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What is Pan African Resources Debt-to-EBITDA?

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

Pan African Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.1 Mil. Pan African Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $91.9 Mil. Pan African Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was $151.8 Mil. Pan African Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.61.

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 Pan African Resources's Debt-to-EBITDA or its related term are showing as below:

PAFRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.23   Med: 0.5   Max: 5.04
Current: 0.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pan African Resources was 5.04. The lowest was 0.23. And the median was 0.50.

PAFRF's Debt-to-EBITDA is ranked better than
71.9% of 541 companies
in the Metals & Mining industry
Industry Median: 1.98 vs PAFRF: 0.68

Pan African Resources Debt-to-EBITDA Historical Data

The historical data trend for Pan African Resources'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.

Pan African Resources Debt-to-EBITDA Chart

Pan African Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.02 0.51 0.28 0.49

Pan African Resources 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 0.31 0.32 0.81 0.46 0.61

Competitive Comparison of Pan African Resources's Debt-to-EBITDA

For the Gold subindustry, Pan African Resources'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.


Pan African Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pan African Resources's Debt-to-EBITDA falls into.



Pan African Resources Debt-to-EBITDA Calculation

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

Pan African Resources'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
=(11.502 + 45.334) / 115.093
=0.49

Pan African Resources'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
=(1.092 + 91.948) / 151.798
=0.61

* 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.


Pan African Resources  (OTCPK:PAFRF) 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.


Pan African Resources Debt-to-EBITDA Related Terms

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


Pan African Resources (Pan African Resources) Business Description

Traded in Other Exchanges
Address
The Firs Office Building, 2nd Floor, Office 204, Corner Cradock and Biermann Avenues, Rosebank, Johannesburg, GT, ZAF, 2196
Pan African Resources PLC is a precious metals producer based in the United Kingdom. It operates metal mines in South Africa and derives revenue principally through the mining, extraction, and sale of gold. The company conducts its business through the operation of mining projects in various parts of South Africa, such as Barberton Mines, a gold mining project, Phoenix Platinum, and Uitkomst Colliery, located in Newcastle which sell coal to local and export markets. It also operates growth projects, including PAR Gold Proprietary Limited, which derives revenue from providing management and administration services to other group companies.

Pan African Resources (Pan African Resources) Headlines