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

Fox Resources (ASX:FXR) Debt-to-EBITDA : -1.48 (As of Jun. 2014)


View and export this data going back to 2002. Start your Free Trial

What is Fox Resources Debt-to-EBITDA?

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

Fox Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$5.03 Mil. Fox Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$0.00 Mil. Fox Resources's annualized EBITDA for the quarter that ended in Jun. 2014 was A$-3.40 Mil. Fox Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 was -1.48.

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 Fox Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:FXR'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.

Fox Resources Debt-to-EBITDA Historical Data

The historical data trend for Fox Resources'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.

Fox Resources Debt-to-EBITDA Chart

Fox Resources Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.44 -0.79 -0.40 -1.46

Fox Resources Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 -0.64 -4.77 -0.21 -2.24 -1.48

Competitive Comparison of Fox Resources's Debt-to-EBITDA

For the Copper subindustry, Fox Resources'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.


Fox Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Fox Resources Debt-to-EBITDA Calculation

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

Fox Resources'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
=(5.029 + 0) / -3.455
=-1.46

Fox Resources's annualized Debt-to-EBITDA for the quarter 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
=(5.029 + 0) / -3.398
=-1.48

* 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 (Jun. 2014) EBITDA data.


Fox Resources  (ASX:FXR) 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.


Fox Resources Debt-to-EBITDA Related Terms

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


Fox Resources (ASX:FXR) Business Description

Traded in Other Exchanges
N/A
Address
Fox Resources Ltd is incorporated in Australia. The Company explores base metals, gold, iron ore and coal and the evaluation of a heap leaching operation. The Company's project include the Radio Hill and Sholl Heap Leaching Project. The Radio Hill mine, located 35km south of Karratha, produced nickel and copper concentrate for four year. The Company's operations are subject to various environmental regulations under both Commonwealth and State Government legislation.

Fox Resources (ASX:FXR) Headlines