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Altiplano Metals (STU:9AJ1) Debt-to-EBITDA : 16.32 (As of Sep. 2023)


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What is Altiplano Metals Debt-to-EBITDA?

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

Altiplano Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.26 Mil. Altiplano Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.66 Mil. Altiplano Metals's annualized EBITDA for the quarter that ended in Sep. 2023 was €0.06 Mil. Altiplano Metals's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 16.32.

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 Altiplano Metals's Debt-to-EBITDA or its related term are showing as below:

STU:9AJ1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.04   Med: -0.52   Max: -0.35
Current: -0.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Altiplano Metals was -0.35. The lowest was -2.04. And the median was -0.52.

STU:9AJ1's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 2.05 vs STU:9AJ1: -0.89

Altiplano Metals Debt-to-EBITDA Historical Data

The historical data trend for Altiplano Metals'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.

Altiplano Metals Debt-to-EBITDA Chart

Altiplano Metals Annual Data
Trend Sep13 Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -2.04 -0.35 -0.52

Altiplano Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.77 -0.21 -0.90 -1.69 16.32

Competitive Comparison of Altiplano Metals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Altiplano Metals'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.


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

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

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



Altiplano Metals Debt-to-EBITDA Calculation

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

Altiplano Metals's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.497 + 0.088) / -1.128
=-0.52

Altiplano Metals's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.259 + 0.655) / 0.056
=16.32

* 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 (Sep. 2023) EBITDA data.


Altiplano Metals  (STU:9AJ1) 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.


Altiplano Metals Debt-to-EBITDA Related Terms

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


Altiplano Metals (STU:9AJ1) Business Description

Traded in Other Exchanges
Address
10545 - 45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Altiplano Metals Inc is a Canadian mineral development company focused on acquiring projects with the potential for advancement from discovery through to production. Altiplano Metals is a growing gold, silver, and copper company focused on the Americas. The Company has a diversified portfolio of assets that include an operating copper/gold/iron mine, development of near-term producing gold/copper projects, and exploration land packages with district-scale potential. Some of the projects include Farallon and Maria Luisa Properties followed by Pastillas Gold Project.

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