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Aura Minerals (TSX:ORA) Debt-to-EBITDA : 3.35 (As of Sep. 2024)


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What is Aura Minerals Debt-to-EBITDA?

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

Aura Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$221.0 Mil. Aura Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$240.4 Mil. Aura Minerals's annualized EBITDA for the quarter that ended in Sep. 2024 was C$137.8 Mil. Aura Minerals's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.35.

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

TSX:ORA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.27   Med: 0.8   Max: 4.4
Current: 4.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aura Minerals was 4.40. The lowest was -0.27. And the median was 0.80.

TSX:ORA's Debt-to-EBITDA is ranked worse than
72.13% of 531 companies
in the Metals & Mining industry
Industry Median: 1.76 vs TSX:ORA: 4.40

Aura Minerals Debt-to-EBITDA Historical Data

The historical data trend for Aura 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.

Aura Minerals Debt-to-EBITDA Chart

Aura Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.69 0.83 1.88 3.50

Aura Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.23 9.79 3.24 4.87 3.35

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

For the Gold subindustry, Aura 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.


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

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

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



Aura Minerals Debt-to-EBITDA Calculation

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

Aura Minerals's Debt-to-EBITDA for the fiscal year 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
=(129.88 + 369.521) / 142.77
=3.50

Aura Minerals's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(220.956 + 240.366) / 137.824
=3.35

* 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. 2024) EBITDA data.


Aura Minerals  (TSX:ORA) 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.


Aura Minerals Debt-to-EBITDA Related Terms

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


Aura Minerals Business Description

Traded in Other Exchanges
Address
255 Giralda Ave, Suite 6W102, Coral Gables, FL, USA, 33134
Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company's oeprating segments are its operating assets and include the Minosa Mine, the Apoena, the Aranzazu copper-gold-silver mine in Mexico and Almas MI. In addition, the company has additional gold projects in Brazil, Almas and Matupa, one gold project in Colombia, Tolda Fria and other projects such as Borborema and Serra de Estrela. Majority of the revenue for the company is generated from its Aranzazu Mine segment.
Executives
Joao Kleber Dos Santos Cardoso Senior Officer
Glauber Rosa Luvizotto Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Richmond Lee Fenn Director
Paulo Carlos De Brito 10% Security Holder, Director
Northwestern Enterprises Ltd. 10% Security Holder
Rodrigo Cardoso Barbosa Senior Officer
Philip Vincent Reade Director
Monazita Resources Ltd. 10% Security Holder
Stephen Keith Director