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HUMRF (Hummingbird Resources) Debt-to-EBITDA : -37.16 (As of Jun. 2024)


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What is Hummingbird Resources Debt-to-EBITDA?

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

Hummingbird Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $140.4 Mil. Hummingbird Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $91.0 Mil. Hummingbird Resources's annualized EBITDA for the quarter that ended in Jun. 2024 was $-6.2 Mil. Hummingbird Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -37.16.

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 Hummingbird Resources's Debt-to-EBITDA or its related term are showing as below:

HUMRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -780.88   Med: 0.94   Max: 31.64
Current: -780.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hummingbird Resources was 31.64. The lowest was -780.88. And the median was 0.94.

HUMRF's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 1.75 vs HUMRF: -780.88

Hummingbird Resources Debt-to-EBITDA Historical Data

The historical data trend for Hummingbird Resources'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.

Hummingbird Resources Debt-to-EBITDA Chart

Hummingbird Resources Annual Data
Trend May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.37 3.33 31.64 5.87

Hummingbird Resources Semi-Annual Data
Nov14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -35.07 12.49 1.97 43.41 -37.16

Competitive Comparison of Hummingbird Resources's Debt-to-EBITDA

For the Gold subindustry, Hummingbird Resources'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.


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

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

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



Hummingbird Resources Debt-to-EBITDA Calculation

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

Hummingbird Resources's Debt-to-EBITDA for the fiscal year 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
=(124.327 + 119.137) / 41.483
=5.87

Hummingbird Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(140.44 + 91.042) / -6.23
=-37.16

* 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. 2024) EBITDA data.


Hummingbird Resources  (OTCPK:HUMRF) 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.


Hummingbird Resources Debt-to-EBITDA Related Terms

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


Hummingbird Resources Business Description

Traded in Other Exchanges
Address
49-63 Spencer Street, Hockley, Birmingham, West Midlands, GBR, B18 6DE
Hummingbird Resources PLC along with its subsidiaries explores, evaluates, and develops mineral projects principally gold, focused in West Africa. The company operates in Liberia, Guinea, and Mali. Its project portfolio includes Yanfolila Gold Project in Mali and Dugbe Gold Project in Liberia.

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