GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PPX Mining Corp (FRA:39S) » Definitions » Debt-to-EBITDA

PPX Mining (FRA:39S) Debt-to-EBITDA : 6.43 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is PPX Mining Debt-to-EBITDA?

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

PPX Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.48 Mil. PPX Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.29 Mil. PPX Mining's annualized EBITDA for the quarter that ended in Dec. 2023 was €0.74 Mil. PPX Mining's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.43.

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

FRA:39S' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.38   Med: -0.95   Max: 14.24
Current: 1.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of PPX Mining was 14.24. The lowest was -6.38. And the median was -0.95.

FRA:39S's Debt-to-EBITDA is ranked better than
50.85% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs FRA:39S: 1.93

PPX Mining Debt-to-EBITDA Historical Data

The historical data trend for PPX 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.

PPX Mining Debt-to-EBITDA Chart

PPX Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.72 -3.38 -6.38 14.24 1.73

PPX Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.73 0.59 -1.96 2.30 6.43

Competitive Comparison of PPX Mining's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, PPX 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.


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

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

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



PPX Mining Debt-to-EBITDA Calculation

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

PPX Mining's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.535 + 4.036) / 2.65
=1.72

PPX Mining'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
=(0.476 + 4.285) / 0.74
=6.43

* 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 four times the quarterly (Dec. 2023) EBITDA data.


PPX Mining  (FRA:39S) 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.


PPX Mining Debt-to-EBITDA Related Terms

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


PPX Mining (FRA:39S) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
PPX Mining Corp is a Canadian company. It is in the business of acquiring, exploring and evaluating mineral properties in areas which is a relatively high potential for mining success. The company is also involved in developing or joint venturing of mineral properties or disposing these properties when the evaluation is completed. It mainly focuses on mining activities which are on a long-term basis. The company is in the process of exploring mineral properties in Peru. It owns a gold and silver project, Igor which is located in the Northern Peru gold belt.

PPX Mining (FRA:39S) Headlines

No Headlines