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Allegiance Coal (ASX:AHQ) Debt-to-EBITDA : -1.41 (As of Jun. 2022)


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What is Allegiance Coal Debt-to-EBITDA?

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

Allegiance Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was A$44.62 Mil. Allegiance Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was A$38.96 Mil. Allegiance Coal's annualized EBITDA for the quarter that ended in Jun. 2022 was A$-59.40 Mil. Allegiance Coal's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was -1.41.

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 Allegiance Coal's Debt-to-EBITDA or its related term are showing as below:

ASX:AHQ's Debt-to-EBITDA is not ranked *
in the Steel industry.
Industry Median: 2.63
* Ranked among companies with meaningful Debt-to-EBITDA only.

Allegiance Coal Debt-to-EBITDA Historical Data

The historical data trend for Allegiance Coal'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.

Allegiance Coal Debt-to-EBITDA Chart

Allegiance Coal Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -1.13 -0.61 -3.48 -1.48

Allegiance Coal Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -1.08 -5.32 -2.38 -1.00 -1.41

Competitive Comparison of Allegiance Coal's Debt-to-EBITDA

For the Coking Coal subindustry, Allegiance Coal'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.


Allegiance Coal's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Allegiance Coal's Debt-to-EBITDA distribution charts can be found below:

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



Allegiance Coal Debt-to-EBITDA Calculation

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

Allegiance Coal's Debt-to-EBITDA for the fiscal year that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44.619 + 38.963) / -56.613
=-1.48

Allegiance Coal's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44.619 + 38.963) / -59.404
=-1.41

* 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. 2022) EBITDA data.


Allegiance Coal  (ASX:AHQ) 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.


Allegiance Coal Debt-to-EBITDA Related Terms

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


Allegiance Coal (ASX:AHQ) Business Description

Traded in Other Exchanges
N/A
Address
109 Pitt Street, Suite 107, Sydney, NSW, AUS, 2000
Allegiance Coal Ltd is an Australia-based company engaged in the acquisition and exploration of coal tenements. The company's project includes Telkwa Metallurgical Coal, Tenas Metallurgical Coal, Back Creek Project, Black Warrior, New Elk Mine, and Kilmain Project.

Allegiance Coal (ASX:AHQ) Headlines

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