Augustus Minerals (ASX:AUG) Debt-to-EBITDA : -0.01 (As of Dec. 2023)

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What is Augustus Minerals Debt-to-EBITDA?

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

Augustus Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.01 Mil. Augustus Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Augustus Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-1.17 Mil. Augustus Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.01.

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 Augustus Minerals's Debt-to-EBITDA or its related term are showing as below:

ASX:AUG's Debt-to-EBITDA is not ranked ^*
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Augustus Minerals Debt-to-EBITDA Historical Data

The historical data trend for Augustus Minerals'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.

Augustus Minerals Debt-to-EBITDA Chart

Augustus Minerals Annual Data

Trend

Jun22

Jun23

Debt-to-EBITDA

-2.07

-0.01

Augustus Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	N/A	-0.04	-0.01	-0.01

Competitive Comparison of Augustus Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Augustus Minerals'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.

Augustus Minerals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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

Augustus Minerals Debt-to-EBITDA Calculation

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

Augustus Minerals'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
	=	(0.012	+	0.003)	/	-1.806
	=	-0.01

Augustus Minerals'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
	=	(0.009	+	0)	/	-1.172
	=	-0.01

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.

Augustus Minerals (ASX:AUG) 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.

Augustus Minerals Debt-to-EBITDA Related Terms

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

Augustus Minerals (ASX:AUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Augustus Minerals Ltd (ASX:AUG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 – 43 Ord Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.augustusminerals.com.au

Augustus Minerals Ltd is an Exploration Company exploring for Rare Earths, Lithium, Copper-Gold, and Nickel-copper-PGEs in a large tenement package located in the Gascoyne Province of Western Australia. The project covers approximately 3,905km2 of granted and under application tenements located in the Gascoyne Province, in the Shire of Upper Gascoyne and the Shire of Carnarvon. The company's projects include Crawford Bore Area, Lyons Central Area, Minnie Springs Area, and Mt Phillips Area.

Augustus Minerals (ASX:AUG) Headlines

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