Triple Flag Precious Metals (TSX:TFPM) Debt-to-EBITDA

: 1.01 (As of Dec. 2023)

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

Triple Flag Precious Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.5 Mil. Triple Flag Precious Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$78.8 Mil. Triple Flag Precious Metals's annualized EBITDA for the quarter that ended in Dec. 2023 was C$78.4 Mil. Triple Flag Precious Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.01.

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 Triple Flag Precious Metals's Debt-to-EBITDA or its related term are showing as below:

TSX:TFPM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 1.37 Max: 4.46
Current: 1.35

During the past 6 years, the highest Debt-to-EBITDA Ratio of Triple Flag Precious Metals was 4.46. The lowest was 0.01. And the median was 1.37.

TSX:TFPM's Debt-to-EBITDA is ranked better than
59.01% of 544 companies
in the Metals & Mining industry
Industry Median: 2.065 vs TSX:TFPM: 1.35

Triple Flag Precious Metals Debt-to-EBITDA Historical Data

The historical data trend for Triple Flag Precious Metals'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.

Triple Flag Precious Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

4.46

2.19

0.01

0.02

0.54

Triple Flag Precious Metals Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA														0.03	0.03	0.86	-1.86	1.01

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Triple Flag Precious Metals'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.

Triple Flag Precious Metals Debt-to-EBITDA Distribution

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

* The bar in red indicates where Triple Flag Precious Metals's Debt-to-EBITDA falls into.

Triple Flag Precious Metals Debt-to-EBITDA Calculation

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

Triple Flag Precious Metals'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
	=	(0.523	+	78.827)	/	146.487
	=	0.54

Triple Flag Precious Metals'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
	=	(0.523	+	78.827)	/	78.388
	=	1.01

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.

Triple Flag Precious Metals (TSX:TFPM) 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.

Triple Flag Precious Metals Debt-to-EBITDA Related Terms

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

Triple Flag Precious Metals (TSX:TFPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Triple Flag Precious Metals Corp (TSX:TFPM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

TFPM:USA 7781:Germany

Address

161 Bay Street, TD Canada Trust Tower, Suite 4535, Toronto, ON, CAN, M5J 2S1

Website

https://www.tripleflagpm.com

Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. The company's assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.