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Sirius Minerals (Sirius Minerals) Debt-to-EBITDA : -122.24 (As of Jun. 2019)


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What is Sirius Minerals Debt-to-EBITDA?

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

Sirius Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $639.67 Mil. Sirius Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $11.15 Mil. Sirius Minerals's annualized EBITDA for the quarter that ended in Jun. 2019 was $-5.32 Mil. Sirius Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 was -122.24.

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 Sirius Minerals's Debt-to-EBITDA or its related term are showing as below:

SRUXY's Debt-to-EBITDA is not ranked *
in the Agriculture industry.
Industry Median: 1.99
* Ranked among companies with meaningful Debt-to-EBITDA only.

Sirius Minerals Debt-to-EBITDA Historical Data

The historical data trend for Sirius Minerals'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.

Sirius Minerals Debt-to-EBITDA Chart

Sirius Minerals Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -0.21 -15.67 -3.35 -18.34

Sirius Minerals Semi-Annual Data
Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 -1.11 1.71 -1.37 1.16 -122.24

Competitive Comparison of Sirius Minerals's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Sirius Minerals'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.


Sirius Minerals's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sirius Minerals's Debt-to-EBITDA distribution charts can be found below:

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



Sirius Minerals Debt-to-EBITDA Calculation

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

Sirius Minerals's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(248.354 + 0) / -13.544
=-18.34

Sirius Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(639.67 + 11.153) / -5.324
=-122.24

* 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. 2019) EBITDA data.


Sirius Minerals  (OTCPK:SRUXY) 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.


Sirius Minerals Debt-to-EBITDA Related Terms

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


Sirius Minerals (Sirius Minerals) Business Description

Traded in Other Exchanges
N/A
Address
68 Haymarket, Third Floor, Greener House, London, GBR, SW1Y 4RF
Sirius Minerals PLC is a producer of multi-nutrient fertilizers. The company is currently organized into one business division: the UK segment. Under its UK segment, the firm conducts North Yorkshire polyhalite project related activities and the corporate operations. POLY4 is the trademark name of all polyhalite products from the company. The company operates its business mainly in the United Kingdom.

Sirius Minerals (Sirius Minerals) Headlines

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