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RioZim (XZIM:RIOZ.ZW) Debt-to-EBITDA : -0.10 (As of Dec. 2024)


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What is RioZim Debt-to-EBITDA?

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

RioZim's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ZWG95.6 Mil. RioZim's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ZWG7.3 Mil. RioZim's annualized EBITDA for the quarter that ended in Dec. 2024 was ZWG-1,080.9 Mil. RioZim's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.10.

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

XZIM:RIOZ.ZW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -217.59   Med: -0.32   Max: 35.59
Current: -0.15

During the past 10 years, the highest Debt-to-EBITDA Ratio of RioZim was 35.59. The lowest was -217.59. And the median was -0.32.

XZIM:RIOZ.ZW's Debt-to-EBITDA is ranked worse than
100% of 529 companies
in the Metals & Mining industry
Industry Median: 1.58 vs XZIM:RIOZ.ZW: -0.15

RioZim Debt-to-EBITDA Historical Data

The historical data trend for RioZim'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.

RioZim Debt-to-EBITDA Chart

RioZim Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 -10.29 -1.79 -217.59 -0.15

RioZim Semi-Annual Data
Dec09 Dec11 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.72 -303.76 -201.33 -0.21 -0.10

Competitive Comparison of RioZim's Debt-to-EBITDA

For the Gold subindustry, RioZim'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.


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

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

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


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RioZim Debt-to-EBITDA Calculation

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

RioZim's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(95.575 + 7.256) / -694.217
=-0.15

RioZim's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(95.575 + 7.256) / -1080.896
=-0.10

* 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.

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. 2024) EBITDA data.


RioZim  (XZIM:RIOZ.ZW) 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.


RioZim Debt-to-EBITDA Related Terms

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


RioZim Business Description

Traded in Other Exchanges
N/A
Address
No.1 Kenilworth Road, Highlands, Harare, ZWE
RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. The gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of its revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, the Dalny Mine based in Chakari, the Cam and Motor gold and the Empress Nickel Refinery mine in Kadoma.

RioZim Headlines

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