Copper 360 (JSE:CPR) Debt-to-EBITDA : -5.14 (As of Aug. 2023)

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What is Copper 360 Debt-to-EBITDA?

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

Copper 360's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R7.24 Mil. Copper 360's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R141.48 Mil. Copper 360's annualized EBITDA for the quarter that ended in Aug. 2023 was R-28.94 Mil. Copper 360's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was -5.14.

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 Copper 360's Debt-to-EBITDA or its related term are showing as below:

JSE:CPR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.28 Med: 5.13 Max: 5.13
Current: -10.28

During the past 1 years, the highest Debt-to-EBITDA Ratio of Copper 360 was 5.13. The lowest was -10.28. And the median was 5.13.

JSE:CPR's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 2.05 vs JSE:CPR: -10.28

Copper 360 Debt-to-EBITDA Historical Data

The historical data trend for Copper 360'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.

Copper 360 Debt-to-EBITDA Chart

Copper 360 Annual Data

Trend

Feb22

Debt-to-EBITDA

5.13

Copper 360 Semi-Annual Data
	Feb22	Aug22	Aug23
Debt-to-EBITDA	N/A	-	-5.14

Competitive Comparison of Copper 360's Debt-to-EBITDA

For the Copper subindustry, Copper 360'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.

Copper 360's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Copper 360's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Copper 360's Debt-to-EBITDA falls into.

Copper 360 Debt-to-EBITDA Calculation

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

Copper 360's Debt-to-EBITDA for the fiscal year that ended in Feb. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.62	+	56.391)	/	12.295
	=	5.12

Copper 360's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(7.239	+	141.478)	/	-28.94
	=	-5.14

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 (Aug. 2023) EBITDA data.

Copper 360 (JSE:CPR) 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.

Copper 360 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Copper 360's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Copper 360 (JSE:CPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper 360 Ltd (JSE:CPR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Main Road, Nababeep, Nababeep, NC, ZAF, 8265

Website

https://www.copper360.co.za

Copper 360 Ltd is focused on processing historically mined copper rock dumps through a process of environmental clean-up, and mining surface and shallow copper resources. The group's operations are based in the Northern Cape province of South Africa.

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