Orinoco Gold (ASX:OGX) Debt-to-EBITDA : -0.27 (As of Jun. 2018)

What is Orinoco Gold Debt-to-EBITDA?

Orinoco Gold ASX:OGX Debt-to-EBITDA is -0.27 as of Jun. 2018. The stock has 3 warning signs investors should review.

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

Orinoco Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was A$10.68 Mil. Orinoco Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was A$0.00 Mil. Orinoco Gold's annualized EBITDA for the quarter that ended in Jun. 2018 was A$-39.45 Mil. Orinoco Gold's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 was -0.27.

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 Orinoco Gold's Debt-to-EBITDA or its related term are showing as below:

ASX:OGX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.14 Med: -0.04 Max: -0.01
Current: -0.04

During the past 6 years, the highest Debt-to-EBITDA Ratio of Orinoco Gold was -0.01. The lowest was -0.14. And the median was -0.04.

ASX:OGX's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 1.235 vs ASX:OGX: -0.04

Orinoco Gold (ASX:OGX) 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.

Orinoco Gold Debt-to-EBITDA Related Terms

Orinoco Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Orinoco Gold'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.

Orinoco Gold Debt-to-EBITDA Chart

Orinoco Gold Annual Data

Trend

Jun12

Jun13

Dec15

Dec16

Dec17

Dec18

Debt-to-EBITDA

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0.00

-0.01

-0.14

0.00

-0.04

Orinoco Gold Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Debt-to-EBITDA	Get a 7-Day Free Trial									-0.14	0.00	0.00	-0.27	-0.04

ASX:OGX vs LSMG: Debt-to-EBITDA Comparison

For the Other Industrial Metals & Mining subindustry, Orinoco Gold'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.

Orinoco Gold Debt-to-EBITDA vs Metals & Mining Industry

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

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

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Orinoco Gold Debt-to-EBITDA Calculation

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

Orinoco Gold's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.612	+	0)	/	-39.36
	=	-0.04

Orinoco Gold's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(10.683	+	0)	/	-39.454
	=	-0.27

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. 2018) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →

What does a Debt-to-EBITDA of -0.27 mean?

Orinoco Gold (ASX:OGX) has a Debt-to-EBITDA of -0.27 as of Jun. 2018. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Orinoco Gold.

Is Orinoco Gold's Debt-to-EBITDA too high?

Orinoco Gold's current Debt-to-EBITDA is -0.27.

How does Orinoco Gold's Debt-to-EBITDA compare to LSMG?

Orinoco Gold's Debt-to-EBITDA of -0.27 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-EBITDA is 1.24. 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 Metals & Mining company?

The median Debt-to-EBITDA among Metals & Mining companies is 1.24, based on 596 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. 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 Orinoco Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orinoco Gold's current Debt-to-EBITDA is -0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Orinoco Gold stock overvalued right now?

Orinoco Gold (ASX:OGX) has a current Debt-to-EBITDA of -0.27. The current Debt-to-EBITDA is -0.27. 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 Orinoco Gold (ASX:OGX), the current Debt-to-EBITDA is -0.27 as of Jun. 2018. 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.

Orinoco Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies ASX:ARN TSXV:IPG ASX:PUR TSXV:CDU ASX:DEV XCNQ:TN LSMG TSXV:DCOP TSXV:BEA TSX:SAM ASX:BLZ TSXV:XTM ASX:SRZ TSXV:ALG TSXV:LMR TSXV:CUZ ASX:FIN TSXV:BRD TSXV:IZZ TSXV:GDBO

Address 9/448 Roberts Road, Subiaco, WA, AUS, 6008

Website http://www.orinocogold.com

Orinoco Gold Ltd is a Brazilian-focused gold company. It is focussed on mining the Cascavel gold mine as well as unlocking the Faina Goldfields Project (Faina Project) located in the central Brazilian State of Goias. The company's segments include Gold and All Other. The Faina Project consists of a large tenement package of over 50 tenements that encompass the key Cascavel, Sertao and Tinteiro Projects, as well as numerous advanced gold exploration targets including Espanola, Elisio, Antenna, and Xupe.