ArcelorMittal South Africa (ArcelorMittal South Africa) Debt-to-EBITDA

: -1.51 (As of Dec. 2023)

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

ArcelorMittal South Africa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $216 Mil. ArcelorMittal South Africa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $153 Mil. ArcelorMittal South Africa's annualized EBITDA for the quarter that ended in Dec. 2023 was $-244 Mil. ArcelorMittal South Africa's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.51.

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 ArcelorMittal South Africa's Debt-to-EBITDA or its related term are showing as below:

ARCXF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.32 Med: -0.73 Max: 1.41
Current: -4.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of ArcelorMittal South Africa was 1.41. The lowest was -10.32. And the median was -0.73.

ARCXF's Debt-to-EBITDA is ranked worse than
100% of 493 companies
in the Steel industry
Industry Median: 2.63 vs ARCXF: -4.16

ArcelorMittal South Africa Debt-to-EBITDA Historical Data

The historical data trend for ArcelorMittal South Africa'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.

ArcelorMittal South Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-2.06

-10.32

0.71

1.41

-4.16

ArcelorMittal South Africa Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.57	0.74	3.35	5.38	-1.51

Competitive Comparison

For the Steel subindustry, ArcelorMittal South Africa'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.

ArcelorMittal South Africa Debt-to-EBITDA Distribution

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

* The bar in red indicates where ArcelorMittal South Africa's Debt-to-EBITDA falls into.

ArcelorMittal South Africa Debt-to-EBITDA Calculation

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

ArcelorMittal South Africa'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
	=	(216.393	+	153.278)	/	-88.822
	=	-4.16

ArcelorMittal South Africa'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
	=	(216.393	+	153.278)	/	-244.408
	=	-1.51

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 (Dec. 2023) EBITDA data.

ArcelorMittal South Africa (OTCPK:ARCXF) 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.

ArcelorMittal South Africa Debt-to-EBITDA Related Terms

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

ArcelorMittal South Africa (ArcelorMittal South Africa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal South Africa Ltd (OTCPK:ARCXF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ACL:South Africa ISC1:Germany

Address

Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911

Website

https://www.arcelormittalsa.com

ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.