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

BPM Minerals (ASX:BPM) Debt-to-EBITDA : -0.06 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is BPM Minerals Debt-to-EBITDA?

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

BPM Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.02 Mil. BPM Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.04 Mil. BPM Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-0.98 Mil. BPM Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.06.

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

ASX:BPM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.07   Med: -0.05   Max: -0.04
Current: -0.05

During the past 3 years, the highest Debt-to-EBITDA Ratio of BPM Minerals was -0.04. The lowest was -0.07. And the median was -0.05.

ASX:BPM's Debt-to-EBITDA is ranked worse than
100% of 525 companies
in the Metals & Mining industry
Industry Median: 1.82 vs ASX:BPM: -0.05

BPM Minerals Debt-to-EBITDA Historical Data

The historical data trend for BPM 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.

BPM Minerals Debt-to-EBITDA Chart

BPM Minerals Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
- -0.07 -0.04

BPM Minerals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA - -0.06 -0.05 -0.05 -0.06

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

For the Other Precious Metals & Mining subindustry, BPM 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.


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

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

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



BPM Minerals Debt-to-EBITDA Calculation

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

BPM 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
=(0.016 + 0.053) / -1.815
=-0.04

BPM 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
=(0.017 + 0.044) / -0.98
=-0.06

* 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. 2023) EBITDA data.


BPM Minerals  (ASX:BPM) 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.


BPM Minerals Debt-to-EBITDA Related Terms

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


BPM Minerals Business Description

Traded in Other Exchanges
N/A
Address
10 Outram Street, Level 2, West Perth, Perth, WA, AUS, 6005
BPM Minerals Ltd is a gold and base metal exploration company. The company has one operating segment being mineral exploration and evaluation in Australia and Its projects are Santy Project, Nepean Project, Hawkins Project, and Claw Project.

BPM Minerals Headlines

No Headlines