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BlueRock Diamonds (LSE:BRD) Debt-to-EBITDA : 2.26 (As of Jun. 2022)


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What is BlueRock Diamonds Debt-to-EBITDA?

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

BlueRock Diamonds's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was £0.60 Mil. BlueRock Diamonds's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was £2.51 Mil. BlueRock Diamonds's annualized EBITDA for the quarter that ended in Jun. 2022 was £1.38 Mil. BlueRock Diamonds's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was 2.26.

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 BlueRock Diamonds's Debt-to-EBITDA or its related term are showing as below:

LSE:BRD'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.

BlueRock Diamonds Debt-to-EBITDA Historical Data

The historical data trend for BlueRock Diamonds'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.

BlueRock Diamonds Debt-to-EBITDA Chart

BlueRock Diamonds Annual Data
Trend Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -1.19 -0.58 -12.84 -0.86 -5.16

BlueRock Diamonds Semi-Annual Data
Mar13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -0.44 N/A -5.22 -4.52 2.26

Competitive Comparison of BlueRock Diamonds's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, BlueRock Diamonds'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.


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

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

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



BlueRock Diamonds Debt-to-EBITDA Calculation

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

BlueRock Diamonds's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.662 + 1.897) / -0.496
=-5.16

BlueRock Diamonds's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.602 + 2.511) / 1.38
=2.26

* 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. 2022) EBITDA data.


BlueRock Diamonds  (LSE:BRD) 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.


BlueRock Diamonds Debt-to-EBITDA Related Terms

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


BlueRock Diamonds (LSE:BRD) Business Description

Traded in Other Exchanges
N/A
Address
George Street, 4th Floor, Reading Bridge House, Berkshire, Reading, GBR, RG1 8LS
BlueRock Diamonds PLC is engaged in diamond mining in the Kimberley region of South Africa. The company has a mining right and operates in the Kareevlei Tenements. Its Kareevlei Project has over 3000 hectares in the Northern Cape province of South Africa, which is approximately 100 kilometers North West of Kimberley. The company's revenue comprises the sale of rough diamonds.