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Romarco Minerals (FRA:M1R) Debt-to-EBITDA : -0.65 (As of Jun. 2015)


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What is Romarco Minerals Debt-to-EBITDA?

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

Romarco Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was €0.00 Mil. Romarco Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was €8.55 Mil. Romarco Minerals's annualized EBITDA for the quarter that ended in Jun. 2015 was €-13.10 Mil. Romarco Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was -0.65.

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 Romarco Minerals's Debt-to-EBITDA or its related term are showing as below:

FRA:M1R's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Romarco Minerals Debt-to-EBITDA Historical Data

The historical data trend for Romarco Minerals'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.

Romarco Minerals Debt-to-EBITDA Chart

Romarco Minerals Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
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Romarco Minerals Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 - - - - -0.65

Competitive Comparison of Romarco Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Romarco Minerals'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.


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

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

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



Romarco Minerals Debt-to-EBITDA Calculation

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

Romarco Minerals's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -10.737
=0.00

Romarco Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 8.551) / -13.096
=-0.65

* 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 (Jun. 2015) EBITDA data.


Romarco Minerals  (FRA:M1R) 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.


Romarco Minerals Debt-to-EBITDA Related Terms

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


Romarco Minerals (FRA:M1R) Business Description

Traded in Other Exchanges
N/A
Address
Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

Romarco Minerals (FRA:M1R) Headlines

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