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Copper Mountain Mining (Copper Mountain Mining) Debt-to-EBITDA : 5.69 (As of Mar. 2023)


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What is Copper Mountain Mining Debt-to-EBITDA?

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

Copper Mountain Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $20.1 Mil. Copper Mountain Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $162.9 Mil. Copper Mountain Mining's annualized EBITDA for the quarter that ended in Mar. 2023 was $32.1 Mil. Copper Mountain Mining's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 5.69.

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

CPPMF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -29.89   Med: 3.63   Max: 76.57
Current: -18.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Copper Mountain Mining was 76.57. The lowest was -29.89. And the median was 3.63.

CPPMF's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 1.98 vs CPPMF: -18.61

Copper Mountain Mining Debt-to-EBITDA Historical Data

The historical data trend for Copper Mountain 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.

Copper Mountain Mining Debt-to-EBITDA Chart

Copper Mountain Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.12 76.58 1.79 1.19 -29.89

Copper Mountain Mining Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 8.14 13.92 -3.81 -15.45 5.69

Competitive Comparison of Copper Mountain Mining's Debt-to-EBITDA

For the Copper subindustry, Copper Mountain 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.


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

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

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



Copper Mountain Mining Debt-to-EBITDA Calculation

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

Copper Mountain Mining'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
=(106.826 + 163.392) / -9.042
=-29.88

Copper Mountain Mining's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.13 + 162.91) / 32.144
=5.69

* 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 (Mar. 2023) EBITDA data.


Copper Mountain Mining  (OTCPK:CPPMF) 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.


Copper Mountain Mining Debt-to-EBITDA Related Terms

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


Copper Mountain Mining (Copper Mountain Mining) Business Description

Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 1700, Vancouver, BC, CAN, V6C 1G8
Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia. The Company is engaged in mining, exploration and development of mineral properties, and has an operating mine in Canada.

Copper Mountain Mining (Copper Mountain Mining) Headlines