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Mineral & Financial Investments (LSE:MAFL) Debt-to-EBITDA : 0.01 (As of Dec. 2023)


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What is Mineral & Financial Investments Debt-to-EBITDA?

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

Mineral & Financial Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.01 Mil. Mineral & Financial Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Mineral & Financial Investments's annualized EBITDA for the quarter that ended in Dec. 2023 was £1.32 Mil. Mineral & Financial Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.01.

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 Mineral & Financial Investments's Debt-to-EBITDA or its related term are showing as below:

LSE:MAFL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.25   Med: -0.05   Max: 0.55
Current: -0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mineral & Financial Investments was 0.55. The lowest was -0.25. And the median was -0.05.

LSE:MAFL's Debt-to-EBITDA is ranked worse than
100% of 357 companies
in the Asset Management industry
Industry Median: 1.33 vs LSE:MAFL: -0.02

Mineral & Financial Investments Debt-to-EBITDA Historical Data

The historical data trend for Mineral & Financial Investments'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.

Mineral & Financial Investments Debt-to-EBITDA Chart

Mineral & Financial Investments Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -0.03 -0.04 -0.03 -0.02

Mineral & Financial Investments Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.03 -0.02 0.01 - 0.01

Competitive Comparison of Mineral & Financial Investments's Debt-to-EBITDA

For the Asset Management subindustry, Mineral & Financial Investments'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.


Mineral & Financial Investments's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mineral & Financial Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mineral & Financial Investments's Debt-to-EBITDA falls into.



Mineral & Financial Investments Debt-to-EBITDA Calculation

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

Mineral & Financial Investments's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.01 + 0) / -0.469
=-0.02

Mineral & Financial Investments's annualized Debt-to-EBITDA for the quarter 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
=(0.01 + 0) / 1.324
=0.01

* 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 (Dec. 2023) EBITDA data.


Mineral & Financial Investments  (LSE:MAFL) 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.


Mineral & Financial Investments Debt-to-EBITDA Related Terms

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


Mineral & Financial Investments (LSE:MAFL) Business Description

Traded in Other Exchanges
N/A
Address
One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Mineral & Financial Investments Ltd is an investment company, invests in natural resources, minerals, metals, and oil and gas projects. It invests in securities of quoted and unquoted companies and their assets, units in open-ended investment companies, exchange traded funds, physical commodities, derivatives, and other hybrid securities. In addition, the company focuses on providing capital for mining companies that require finance for their projects and also offer advisory services to its investee companies.

Mineral & Financial Investments (LSE:MAFL) Headlines

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