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Mantengu Mining (JSE:MTU) Debt-to-EBITDA : 0.22 (As of Feb. 2024)


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What is Mantengu Mining Debt-to-EBITDA?

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

Mantengu Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R0.2 Mil. Mantengu Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R7.9 Mil. Mantengu Mining's annualized EBITDA for the quarter that ended in Feb. 2024 was R37.4 Mil. Mantengu Mining's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 0.22.

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

JSE:MTU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.77   Med: -0.52   Max: 16.13
Current: 1.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mantengu Mining was 16.13. The lowest was -5.77. And the median was -0.52.

JSE:MTU's Debt-to-EBITDA is ranked better than
58.46% of 532 companies
in the Metals & Mining industry
Industry Median: 2.05 vs JSE:MTU: 1.44

Mantengu Mining Debt-to-EBITDA Historical Data

The historical data trend for Mantengu 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.

Mantengu Mining Debt-to-EBITDA Chart

Mantengu Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.77 16.13 - -0.38 1.44

Mantengu Mining Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - -0.25 -0.31 0.22

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

For the Other Industrial Metals & Mining subindustry, Mantengu 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.


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

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

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



Mantengu Mining Debt-to-EBITDA Calculation

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

Mantengu Mining's Debt-to-EBITDA for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.233 + 7.918) / 5.658
=1.44

Mantengu Mining's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.233 + 7.918) / 37.402
=0.22

* 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 (Feb. 2024) EBITDA data.


Mantengu Mining  (JSE:MTU) 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.


Mantengu Mining Debt-to-EBITDA Related Terms

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


Mantengu Mining (JSE:MTU) Business Description

Traded in Other Exchanges
N/A
Address
5 Saint Michaels Lane, Bryanston, Sandton, Johannesburg, GT, ZAF, 2080
Mantengu Mining Ltd operates as a mining investment company. Its project comprises of Langpan project.

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