Hudbay Minerals (Hudbay Minerals) Debt-to-EBITDA : 1.54 (As of Dec. 2023)

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What is Hudbay Minerals Debt-to-EBITDA?

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

Hudbay Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $29 Mil. Hudbay Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,349 Mil. Hudbay Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was $894 Mil. Hudbay Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.54.

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 Hudbay Minerals's Debt-to-EBITDA or its related term are showing as below:

HBM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.99 Med: 2.35 Max: 9.7
Current: 2.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hudbay Minerals was 9.70. The lowest was -31.99. And the median was 2.35.

HBM's Debt-to-EBITDA is ranked worse than
52.49% of 543 companies
in the Metals & Mining industry
Industry Median: 2.04 vs HBM: 2.21

Hudbay Minerals Debt-to-EBITDA Historical Data

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Debt-to-EBITDA Chart

Hudbay Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-31.99

4.49

5.43

2.48

2.22

Hudbay Minerals 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															3.78	3.14	4.84	1.69	1.54

Competitive Comparison of Hudbay Minerals's Debt-to-EBITDA

For the Copper subindustry, Hudbay Minerals'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.

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

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

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

Hudbay Minerals Debt-to-EBITDA Calculation

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

Hudbay Minerals'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
	=	(28.902	+	1348.969)	/	621.1
	=	2.22

Hudbay Minerals'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
	=	(28.902	+	1348.969)	/	894.116
	=	1.54

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.

Hudbay Minerals (NYSE:HBM) 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.

Hudbay Minerals Debt-to-EBITDA Related Terms

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

Hudbay Minerals (Hudbay Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hudbay Minerals Inc (NYSE:HBM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

HBM:Peru OCKA:Germany OCKA:Germany HBM:Canada

Address

25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5

Website

http://www.hudbayminerals.com

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.