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Barrick Mining (MEX:BN) Debt-to-EBITDA : 0.75 (As of Mar. 2025)


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What is Barrick Mining Debt-to-EBITDA?

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

Barrick Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was MXN491 Mil. Barrick Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was MXN96,215 Mil. Barrick Mining's annualized EBITDA for the quarter that ended in Mar. 2025 was MXN129,869 Mil. Barrick Mining's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 0.74.

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

MEX:BN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.34   Med: 0.89   Max: 3.45
Current: 0.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Barrick Mining was 3.45. The lowest was -15.34. And the median was 0.89.

MEX:BN's Debt-to-EBITDA is ranked better than
68.3% of 530 companies
in the Metals & Mining industry
Industry Median: 1.565 vs MEX:BN: 0.67

Barrick Mining Debt-to-EBITDA Historical Data

The historical data trend for Barrick 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.

Barrick Mining Debt-to-EBITDA Chart

Barrick Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.77 1.31 1.00 0.76

Barrick Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.96 0.72 0.71 0.56 0.75

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

For the Gold subindustry, Barrick 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.


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

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

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


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Barrick Mining Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1751.879 + 107865.68) / 144863.692
=0.76

Barrick Mining's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(490.997 + 96214.915) / 129868.652
=0.74

* 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 four times the quarterly (Mar. 2025) EBITDA data.


Barrick Mining  (MEX:BN) 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.


Barrick Mining Debt-to-EBITDA Related Terms

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


Barrick Mining Business Description

Address
161 Bay Street, Brookfield Place, TD Canada Trust Tower, Suite 3700, P.O. Box 212, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.