Almonty Industries (Almonty Industries) Debt-to-EBITDA : -19.24 (As of Dec. 2023)

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What is Almonty Industries Debt-to-EBITDA?

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

Almonty Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25.47 Mil. Almonty Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $71.48 Mil. Almonty Industries's annualized EBITDA for the quarter that ended in Dec. 2023 was $-5.04 Mil. Almonty Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -19.24.

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 Almonty Industries's Debt-to-EBITDA or its related term are showing as below:

ALMTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -38.39 Med: -5.28 Max: 75.57
Current: -38.39

During the past 12 years, the highest Debt-to-EBITDA Ratio of Almonty Industries was 75.57. The lowest was -38.39. And the median was -5.28.

ALMTF's Debt-to-EBITDA is ranked worse than
100% of 543 companies
in the Metals & Mining industry
Industry Median: 1.99 vs ALMTF: -38.39

Almonty Industries Debt-to-EBITDA Historical Data

The historical data trend for Almonty Industries'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.

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Almonty Industries Debt-to-EBITDA Chart

Almonty Industries Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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13.83

-12.48

-22.76

-9.97

-38.40

Almonty Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	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															59.45	-19.91	-117.57	-68.98	-19.24

Competitive Comparison of Almonty Industries's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.

Almonty Industries's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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

Almonty Industries Debt-to-EBITDA Calculation

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

Almonty Industries'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
	=	(25.467	+	71.482)	/	-2.525
	=	-38.40

Almonty Industries'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
	=	(25.467	+	71.482)	/	-5.04
	=	-19.24

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.

Almonty Industries (OTCPK:ALMTF) 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.

Almonty Industries Debt-to-EBITDA Related Terms

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

Almonty Industries (Almonty Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almonty Industries Inc (OTCPK:ALMTF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

1MR:Germany AII:Canada AII:Australia

Address

100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.almonty.com

Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal - the Panasqueira Mine, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora - the Valtreixal Mine, as well as the evaluation and evaluation of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea - the Sangdong Mine.