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Lucara Diamond (LTS:0QUI) Debt-to-EBITDA : -3.08 (As of Dec. 2023)


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What is Lucara Diamond Debt-to-EBITDA?

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

Lucara Diamond's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr374 Mil. Lucara Diamond's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1,041 Mil. Lucara Diamond's annualized EBITDA for the quarter that ended in Dec. 2023 was kr-459 Mil. Lucara Diamond's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -3.08.

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 Lucara Diamond's Debt-to-EBITDA or its related term are showing as below:

LTS:0QUI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.66   Max: 3.86
Current: 3.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lucara Diamond was 3.86. The lowest was 0.03. And the median was 0.66.

LTS:0QUI's Debt-to-EBITDA is ranked worse than
68.08% of 542 companies
in the Metals & Mining industry
Industry Median: 1.98 vs LTS:0QUI: 3.83

Lucara Diamond Debt-to-EBITDA Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Debt-to-EBITDA Chart

Lucara Diamond 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 0.03 1.65 0.49 0.84 3.86

Lucara Diamond 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 1.74 2.57 2.15 1.42 -3.08

Competitive Comparison of Lucara Diamond's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


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

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

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



Lucara Diamond Debt-to-EBITDA Calculation

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

Lucara Diamond'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
=(374.115 + 1041.3) / 367.007
=3.86

Lucara Diamond'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
=(374.115 + 1041.3) / -459.252
=-3.08

* 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.


Lucara Diamond  (LTS:0QUI) 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.


Lucara Diamond Debt-to-EBITDA Related Terms

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


Lucara Diamond (LTS:0QUI) Business Description

Address
1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

Lucara Diamond (LTS:0QUI) Headlines

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