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Aquarius Platinum (Aquarius Platinum) Debt-to-EBITDA : -0.01 (As of Dec. 2015)


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What is Aquarius Platinum Debt-to-EBITDA?

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

Aquarius Platinum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $0.0 Mil. Aquarius Platinum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $0.7 Mil. Aquarius Platinum's annualized EBITDA for the quarter that ended in Dec. 2015 was $-153.8 Mil. Aquarius Platinum's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2015 was -0.00.

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 Aquarius Platinum's Debt-to-EBITDA or its related term are showing as below:

AQPTY's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.05
* Ranked among companies with meaningful Debt-to-EBITDA only.

Aquarius Platinum Debt-to-EBITDA Historical Data

The historical data trend for Aquarius Platinum'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.

Aquarius Platinum Debt-to-EBITDA Chart

Aquarius Platinum Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.18 -1.89 -0.90 3.13 -2.21

Aquarius Platinum Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 -11.96 1.21 -0.02 -7.12 -0.01

Competitive Comparison of Aquarius Platinum's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Aquarius Platinum'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.


Aquarius Platinum's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Aquarius Platinum Debt-to-EBITDA Calculation

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

Aquarius Platinum's Debt-to-EBITDA for the fiscal year that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(124.88 + 2.02) / -57.537
=-2.21

Aquarius Platinum's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.735) / -153.796
=-0.00

* 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. 2015) EBITDA data.


Aquarius Platinum  (OTCPK:AQPTY) 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.


Aquarius Platinum Debt-to-EBITDA Related Terms

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


Aquarius Platinum (Aquarius Platinum) Business Description

Traded in Other Exchanges
N/A
Address
Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

Aquarius Platinum (Aquarius Platinum) Headlines

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