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Bellevue Gold (Bellevue Gold) Debt-to-EBITDA : 29.43 (As of Dec. 2023)


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What is Bellevue Gold Debt-to-EBITDA?

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

Bellevue Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.39 Mil. Bellevue Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $158.01 Mil. Bellevue Gold's annualized EBITDA for the quarter that ended in Dec. 2023 was $5.93 Mil. Bellevue Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 29.43.

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

BELGF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -35.47   Med: -0.09   Max: -0.06
Current: -35.47

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bellevue Gold was -0.06. The lowest was -35.47. And the median was -0.09.

BELGF's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 2.04 vs BELGF: -35.47

Bellevue Gold Debt-to-EBITDA Historical Data

The historical data trend for Bellevue 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.

* Premium members only.

Bellevue Gold Debt-to-EBITDA Chart

Bellevue Gold 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 - - -0.09 -0.06 -5.65

Bellevue Gold 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 -0.08 -0.05 -1.55 -5.53 29.43

Competitive Comparison of Bellevue Gold's Debt-to-EBITDA

For the Gold subindustry, Bellevue 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.


Bellevue Gold's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Bellevue Gold Debt-to-EBITDA Calculation

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

Bellevue Gold'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
=(4.128 + 83.272) / -15.483
=-5.64

Bellevue Gold'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
=(16.393 + 158.011) / 5.926
=29.43

* 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.


Bellevue Gold  (OTCPK:BELGF) 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.


Bellevue Gold Debt-to-EBITDA Related Terms

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


Bellevue Gold (Bellevue Gold) Business Description

Traded in Other Exchanges
Address
24 Outram Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Bellevue Gold Ltd is a gold exploration company. Its single operating segment being the exploration and evaluation of minerals in Australia. The company projects include the Bellevue Gold Project which is located in the northwest of Kalgoorlie in Western Australia, the Kathleen Valley Project, and the South Yandal Gold Project.

Bellevue Gold (Bellevue Gold) Headlines