Alumina (Alumina) Debt-to-EBITDA : -1.55 (As of Dec. 2023)

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What is Alumina Debt-to-EBITDA?

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

Alumina's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Alumina's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $297.00 Mil. Alumina's annualized EBITDA for the quarter that ended in Dec. 2023 was $-191.20 Mil. Alumina's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.55.

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

AWCMY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.38 Med: 0.28 Max: 1.59
Current: -2.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alumina was 1.59. The lowest was -4.38. And the median was 0.28.

AWCMY's Debt-to-EBITDA is ranked worse than
100% of 542 companies
in the Metals & Mining industry
Industry Median: 2.015 vs AWCMY: -2.28

Alumina Debt-to-EBITDA Historical Data

The historical data trend for Alumina'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.

Alumina Debt-to-EBITDA Chart

Alumina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.32

0.39

0.13

0.28

1.59

Alumina 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															0.29	-	-0.91	-3.24	-1.55

Competitive Comparison of Alumina's Debt-to-EBITDA

For the Aluminum subindustry, Alumina'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.

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

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

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

Alumina Debt-to-EBITDA Calculation

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

Alumina'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
	=	(0	+	297)	/	187.2
	=	1.59

Alumina'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
	=	(0	+	297)	/	-191.2
	=	-1.55

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.

Alumina (OTCPK:AWCMY) 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.

Alumina Debt-to-EBITDA Related Terms

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

Alumina (Alumina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alumina Ltd (OTCPK:AWCMY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

AWCMF:USA WMC1:Germany AWC:Australia

Address

Level 36, 2 Southbank Boulevard, Southbank, VIC, AUS, 3006

Website

https://www.aluminalimited.com

Alumina Ltd is a forwarding office for Alcoa World Alumina and Chemicals' distributions. Its profit is a 40% equity share of AWAC profit, less head office and interest expenses. Its cash flow consists of AWAC distributions. AWAC investments include substantial global bauxite reserves and alumina refining operations. Declining capital and operating costs and a lack of supply discipline from China are likely to result in competitive pressures, but Alumina's position in the lowest quartile of the industry cost curve is defensive.