International Graphite (ASX:IG6) Debt-to-EBITDA : -0.03 (As of Dec. 2023)

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What is International Graphite Debt-to-EBITDA?

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

International Graphite's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.07 Mil. International Graphite's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.03 Mil. International Graphite's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-3.90 Mil. International Graphite's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.03.

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 International Graphite's Debt-to-EBITDA or its related term are showing as below:

ASX:IG6' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05 Med: -0.04 Max: -0.03
Current: -0.03

During the past 2 years, the highest Debt-to-EBITDA Ratio of International Graphite was -0.03. The lowest was -0.05. And the median was -0.04.

ASX:IG6's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 2.015 vs ASX:IG6: -0.03

International Graphite Debt-to-EBITDA Historical Data

The historical data trend for International Graphite'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.

International Graphite Debt-to-EBITDA Chart

International Graphite Annual Data

Trend

Jun22

Jun23

Debt-to-EBITDA

-0.05

-0.04

International Graphite Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	N/A	N/A	-0.06	-0.03	-0.03

Competitive Comparison of International Graphite's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, International Graphite'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.

International Graphite's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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

International Graphite Debt-to-EBITDA Calculation

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

International Graphite'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
	=	(0.043	+	0.053)	/	-2.587
	=	-0.04

International Graphite'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
	=	(0.071	+	0.03)	/	-3.902
	=	-0.03

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.

International Graphite (ASX:IG6) 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.

International Graphite Debt-to-EBITDA Related Terms

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

International Graphite (ASX:IG6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Graphite Ltd (ASX:IG6) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

H99:Germany

Address

333 Charles Street, Level 1, North Perth, Perth, WA, AUS, 6006

Website

https://www.internationalgraphite.technology

International Graphite Ltd is engaged in the processing, treatment and production of graphite. The company intends to develop a downstream graphite processing business to treat mined graphite concentrates and produce finished graphite products for specialised industrial applications and Battery Anode Material (BAM) to meet projected global of lithium-ion batteries. Western Australia is developing a battery hub in the southwest of the state to feed the growing international battery demand. The company plans to be an integral part of this battery commodity supply chain in Western Australia and internationally.

International Graphite (ASX:IG6) Headlines

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