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EMX Royalty (EMX Royalty) Debt-to-EBITDA

: 3.94 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

EMX Royalty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $32.75 Mil. EMX Royalty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. EMX Royalty's annualized EBITDA for the quarter that ended in Dec. 2023 was $8.32 Mil. EMX Royalty's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.94.

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 EMX Royalty's Debt-to-EBITDA or its related term are showing as below:

EMX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.33   Med: 2.1   Max: 4.73
Current: 4.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of EMX Royalty was 4.73. The lowest was -2.33. And the median was 2.10.

EMX's Debt-to-EBITDA is ranked worse than
73.11% of 543 companies
in the Metals & Mining industry
Industry Median: 2.04 vs EMX: 4.71

EMX Royalty Debt-to-EBITDA Historical Data

The historical data trend for EMX Royalty'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.

EMX Royalty 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 - - -2.33 2.10 4.73

EMX Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.16 -6.43 -10.70 1.42 3.94

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, EMX Royalty'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.


EMX Royalty Debt-to-EBITDA Distribution

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

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



EMX Royalty Debt-to-EBITDA Calculation

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

EMX Royalty'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
=(32.752 + 0) / 6.918
=4.73

EMX Royalty's annualized Debt-to-EBITDA for the quarter 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
=(32.752 + 0) / 8.316
=3.94

* 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 (Dec. 2023) EBITDA data.


EMX Royalty  (AMEX:EMX) 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.


EMX Royalty Debt-to-EBITDA Related Terms

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


EMX Royalty (EMX Royalty) Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
EMX Royalty Corp and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. The company's royalty and exploration portfolio mainly consists of properties in North America, Europe, Turkey, Australia, Chile, and Haiti.