Black Range Minerals (ASX:BLR) Debt-to-EBITDA : (As of Dec. 2014)

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What is Black Range Minerals Debt-to-EBITDA?

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

Black Range Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.56 Mil. Black Range Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.00 Mil. Black Range Minerals's annualized EBITDA for the quarter that ended in Dec. 2014 was A$-23.04 Mil. Black Range Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2014 was -0.02.

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

ASX:BLR's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.03
* Ranked among companies with meaningful Debt-to-EBITDA only.

Black Range Minerals  (ASX:BLR) 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.


Black Range Minerals Debt-to-EBITDA Related Terms


Black Range Minerals Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Black Range 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.

Black Range Minerals Debt-to-EBITDA Chart

Black Range Minerals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-EBITDA
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Black Range Minerals Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Black Range Minerals Debt-to-EBITDA Competitor Comparison

For the Copper subindustry, Black Range 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.


Black Range Minerals Debt-to-EBITDA vs Metals & Mining Industry

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

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



Black Range Minerals Debt-to-EBITDA Calculation

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

Black Range Minerals's Debt-to-EBITDA for the fiscal year that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.493877 + 0) / -4.621497
=-0.11

Black Range Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.563292 + 0) / -23.03546
=-0.02

* 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. 2014) EBITDA data.


Black Range Minerals Business Description

Black Range Minerals Limited is a minerals exploration company, focused on growth through acquisition, exploration and development. The Company is focused on advancing the Taylor Ranch/Hansen uranium project in Colorado towards production.