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Nkwe Platinum (Nkwe Platinum) Debt-to-EBITDA : -3.07 (As of Jun. 2018)


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What is Nkwe Platinum Debt-to-EBITDA?

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

Nkwe Platinum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. Nkwe Platinum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $4.80 Mil. Nkwe Platinum's annualized EBITDA for the quarter that ended in Jun. 2018 was $-1.56 Mil. Nkwe Platinum's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 was -3.07.

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 Nkwe Platinum's Debt-to-EBITDA or its related term are showing as below:

NKWEY's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Nkwe Platinum Debt-to-EBITDA Historical Data

The historical data trend for Nkwe Platinum'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.

Nkwe Platinum Debt-to-EBITDA Chart

Nkwe Platinum Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Dec16 Dec17
Debt-to-EBITDA
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Nkwe Platinum Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 - - - - -3.07

Competitive Comparison of Nkwe Platinum's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Nkwe Platinum'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.


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

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

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



Nkwe Platinum Debt-to-EBITDA Calculation

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

Nkwe Platinum's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.321
=0.00

Nkwe Platinum's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 4.804) / -1.564
=-3.07

* 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. 2018) EBITDA data.


Nkwe Platinum  (OTCPK:NKWEY) 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.


Nkwe Platinum Debt-to-EBITDA Related Terms

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


Nkwe Platinum (Nkwe Platinum) Business Description

Traded in Other Exchanges
N/A
Address
Level 1, 18 Kings Park Road, West Perth, Perth, WA, AUS, 6005
Nkwe Platinum Ltd is a platinum exploration company targeting mid-level projects and market capitalization. The company is involved in baskets of platinum projects in Limpopo in South Africa. The firm's flagship project is the Garatau project which comprises of three properties namely De Kom 252 KT, Garataouw 282KT and Hoepakrantz 291 KT. These three properties are located in the Eastern Limb of the Bushveld complex, South Africa. The project has a surface footprint of over 5000 hectares and is underlain by both the Platinum bearing Merensky Reef and UG2 chromitite.

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