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Savannah Goldfields (ASX:SVG) Debt-to-EBITDA : -1.28 (As of Dec. 2023)


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What is Savannah Goldfields Debt-to-EBITDA?

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

Savannah Goldfields's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$7.73 Mil. Savannah Goldfields's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$15.10 Mil. Savannah Goldfields's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-17.87 Mil. Savannah Goldfields's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.28.

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 Savannah Goldfields's Debt-to-EBITDA or its related term are showing as below:

ASX:SVG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.36   Med: -0.26   Max: 3.03
Current: -2.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Savannah Goldfields was 3.03. The lowest was -8.36. And the median was -0.26.

ASX:SVG's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:SVG: -2.24

Savannah Goldfields Debt-to-EBITDA Historical Data

The historical data trend for Savannah Goldfields'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.

Savannah Goldfields Debt-to-EBITDA Chart

Savannah Goldfields Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.73 3.03 -8.36 -5.27

Savannah Goldfields Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 1.42 -2.78 -7.36 -1.28

Competitive Comparison of Savannah Goldfields's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Savannah Goldfields'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.


Savannah Goldfields's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Savannah Goldfields Debt-to-EBITDA Calculation

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

Savannah Goldfields'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
=(7.464 + 10.852) / -3.474
=-5.27

Savannah Goldfields'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
=(7.73 + 15.1) / -17.87
=-1.28

* 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.


Savannah Goldfields  (ASX:SVG) 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.


Savannah Goldfields Debt-to-EBITDA Related Terms

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


Savannah Goldfields (ASX:SVG) Business Description

Traded in Other Exchanges
N/A
Address
110 Mary Street, Level 21, Matisse Towers, Brisbane, QLD, AUS, 4000
Savannah Goldfields Ltd is a gold mining company that holds a strategic portfolio of operating assets in North Queensland's Gulf Savannah. The Company is focused on mining and exploring upside and scale potential in the region. The group has only one reportable segment, exploration, development, and operations for base and precious metals in one segment and one geographical area.

Savannah Goldfields (ASX:SVG) Headlines

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