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Coeur Mining (XTER:CDM1) Debt-to-EBITDA : 3.24 (As of Jun. 2024)


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What is Coeur Mining Debt-to-EBITDA?

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

Coeur Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €26.9 Mil. Coeur Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €564.0 Mil. Coeur Mining's annualized EBITDA for the quarter that ended in Jun. 2024 was €182.6 Mil. Coeur Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 3.24.

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

XTER:CDM1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.17   Med: 1.77   Max: 9.61
Current: 5.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Coeur Mining was 9.61. The lowest was -3.17. And the median was 1.77.

XTER:CDM1's Debt-to-EBITDA is ranked worse than
78.16% of 522 companies
in the Metals & Mining industry
Industry Median: 1.715 vs XTER:CDM1: 5.56

Coeur Mining Debt-to-EBITDA Historical Data

The historical data trend for Coeur 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.

Coeur Mining Debt-to-EBITDA Chart

Coeur Mining 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 -1.98 1.35 3.40 7.54 9.61

Coeur Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 35.98 8.98 5.72 5.60 3.24

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

For the Gold subindustry, Coeur 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.


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

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

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



Coeur Mining Debt-to-EBITDA Calculation

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

Coeur Mining'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
=(29.904 + 479.292) / 52.962
=9.61

Coeur Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(26.9 + 564.009) / 182.552
=3.24

* 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 four times the quarterly (Jun. 2024) EBITDA data.


Coeur Mining  (XTER:CDM1) 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.


Coeur Mining Debt-to-EBITDA Related Terms

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


Coeur Mining Business Description

Address
200 South Wacker Drive, Suite 2100, Chicago, IL, USA, 60606
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.

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