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Ormonde Mining (DUB:ORQ1) Debt-to-EBITDA : 0.00 (As of Jun. 2023)


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What is Ormonde Mining Debt-to-EBITDA?

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

Ormonde Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. Ormonde Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. Ormonde Mining's annualized EBITDA for the quarter that ended in Jun. 2023 was €-0.90 Mil. Ormonde Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.00.

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 Ormonde Mining's Debt-to-EBITDA or its related term are showing as below:

DUB:ORQ1's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.05
* Ranked among companies with meaningful Debt-to-EBITDA only.

Ormonde Mining Debt-to-EBITDA Historical Data

The historical data trend for Ormonde Mining'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.

Ormonde Mining Debt-to-EBITDA Chart

Ormonde Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
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Ormonde Mining Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Ormonde Mining's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Ormonde Mining'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.


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

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

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



Ormonde Mining Debt-to-EBITDA Calculation

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

Ormonde Mining's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.048
=0.00

Ormonde Mining's annualized Debt-to-EBITDA for the quarter 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 + 0) / -0.904
=0.00

* 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. 2023) EBITDA data.


Ormonde Mining  (DUB:ORQ1) 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.


Ormonde Mining Debt-to-EBITDA Related Terms

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


Ormonde Mining (DUB:ORQ1) Business Description

Traded in Other Exchanges
Address
Bracetown Business Park, Co. Meath, Clonee, IRL, D15 YN2P
Ormonde Mining PLC is a natural resource focused company with interests in Spain. The company's projects include SALAMANCA & ZAMORA GOLD Project and LA ZARZA Gold Project. The principal activity of the Company and its subsidiaries comprises acquisition, exploration and development of mineral resource projects. The Company's interests also include copper and gold exploration in several prospective areas of western Spain.

Ormonde Mining (DUB:ORQ1) Headlines

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