Bowen Coking Coal (ASX:BCB) Debt-to-EBITDA : 1.42 (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Bowen Coking Coal Debt-to-EBITDA?

Bowen Coking Coal ASX:BCB Debt-to-EBITDA is 1.42 as of Dec. 2024.

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

Bowen Coking Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$28.8 Mil. Bowen Coking Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$101.4 Mil. Bowen Coking Coal's annualized EBITDA for the quarter that ended in Dec. 2024 was A$91.7 Mil. Bowen Coking Coal's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.42.

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 Bowen Coking Coal's Debt-to-EBITDA or its related term are showing as below:

ASX:BCB's Debt-to-EBITDA is not ranked *
in the Steel industry.
Industry Median: 2.855
* Ranked among companies with meaningful Debt-to-EBITDA only.

Bowen Coking Coal  (ASX:BCB) 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.


Bowen Coking Coal Debt-to-EBITDA Related Terms


Bowen Coking Coal Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bowen Coking Coal'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.

Bowen Coking Coal Debt-to-EBITDA Chart

Bowen Coking Coal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.06 -2.45 -1.27 -9.33

Bowen Coking Coal Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -1.73 -1.03 -2.16 4.28 1.42

ASX:BCB vs HCC, AMR, METC: Debt-to-EBITDA Comparison

For the Coking Coal subindustry, Bowen Coking Coal'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.


Bowen Coking Coal Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Bowen Coking Coal's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bowen Coking Coal's Debt-to-EBITDA falls into.



Bowen Coking Coal Debt-to-EBITDA Calculation

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

Bowen Coking Coal's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(49.974 + 108.81) / -17.025
=-9.33

Bowen Coking Coal's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(28.792 + 101.433) / 91.68
=1.42

* 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. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.42 mean?
Bowen Coking Coal (ASX:BCB) has a Debt-to-EBITDA of 1.42 as of Dec. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bowen Coking Coal.
Is Bowen Coking Coal's Debt-to-EBITDA too high?
Bowen Coking Coal's current Debt-to-EBITDA is 1.42. The Steel industry median Debt-to-EBITDA is 2.86. Bowen Coking Coal's value of 1.42 is 50.3% below this industry median.
How does Bowen Coking Coal's Debt-to-EBITDA compare to HCC and AMR?
Bowen Coking Coal's Debt-to-EBITDA of 1.42 can be compared against companies in the Steel industry. The industry median Debt-to-EBITDA is 2.86. Bowen Coking Coal's value of 1.42 is 50.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Steel company?
The median Debt-to-EBITDA among Steel companies is 2.86, based on 494 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bowen Coking Coal's current Debt-to-EBITDA of 1.42 is 50.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bowen Coking Coal. For the Steel industry, the median Debt-to-EBITDA is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bowen Coking Coal's current Debt-to-EBITDA is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowen Coking Coal stock overvalued right now?
Bowen Coking Coal (ASX:BCB) has a current Debt-to-EBITDA of 1.42. The current Debt-to-EBITDA is 1.42 and 50.3% below the Steel industry median of 2.86. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Bowen Coking Coal (ASX:BCB), the current Debt-to-EBITDA is 1.42 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bowen Coking Coal Business Description

Address 167 Eagle Street, Level 4, Brisbane, QLD, AUS, 4000
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.