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Andes Gold (Andes Gold) Debt-to-EBITDA : 0.29 (As of Dec. 2003)


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What is Andes Gold Debt-to-EBITDA?

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

Andes Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2003 was $1.42 Mil. Andes Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2003 was $0.73 Mil. Andes Gold's annualized EBITDA for the quarter that ended in Dec. 2003 was $7.46 Mil. Andes Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2003 was 0.29.

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

AGCZ'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.

Andes Gold Debt-to-EBITDA Historical Data

The historical data trend for Andes Gold'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.

Andes Gold Debt-to-EBITDA Chart

Andes Gold Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 108.27 26.93 -4.39

Andes Gold Quarterly Data
Mar98 Jun98 Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 0.32 -0.98 -1.50 -1.02 0.29

Competitive Comparison of Andes Gold's Debt-to-EBITDA

For the Gold subindustry, Andes Gold'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.


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

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

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



Andes Gold Debt-to-EBITDA Calculation

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

Andes Gold's Debt-to-EBITDA for the fiscal year that ended in Dec. 2003 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.424 + 0.733) / -0.491
=-4.39

Andes Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2003 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.424 + 0.733) / 7.46
=0.29

* 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 (Dec. 2003) EBITDA data.


Andes Gold  (OTCPK:AGCZ) 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.


Andes Gold Debt-to-EBITDA Related Terms

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


Andes Gold (Andes Gold) Business Description

Traded in Other Exchanges
N/A
Address
1200 N. Federal Highway, Suite 200, Boca Raton, FL, USA, 33432
Andes Gold Corp is the operator of leased properties which it mines for mineral resources, specifically, gold. The company develops and produces gold assets in Ecuador and South America.

Andes Gold (Andes Gold) Headlines