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CGA Mining Limited (ASX:CGX) Debt-to-EBITDA : 0.62 (As of Sep. 2012)


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What is CGA Mining Limited Debt-to-EBITDA?

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

CGA Mining Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was A$18.3 Mil. CGA Mining Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was A$25.5 Mil. CGA Mining Limited's annualized EBITDA for the quarter that ended in Sep. 2012 was A$70.3 Mil. CGA Mining Limited's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 was 0.62.

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 CGA Mining Limited's Debt-to-EBITDA or its related term are showing as below:

ASX:CGX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.49
Current: 2.49

During the past 11 years, the highest Debt-to-EBITDA Ratio of CGA Mining Limited was 2.49. The lowest was 0.00. And the median was 0.00.

ASX:CGX's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 1.98 vs ASX:CGX: 2.49

CGA Mining Limited Debt-to-EBITDA Historical Data

The historical data trend for CGA Mining Limited'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.

CGA Mining Limited Debt-to-EBITDA Chart

CGA Mining Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -11.94 1.75 0.80 1.06

CGA Mining Limited Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 Premium Member Only Premium Member Only Premium Member Only -2.80 2.08 0.80 0.42 0.62

Competitive Comparison of CGA Mining Limited's Debt-to-EBITDA

For the Gold subindustry, CGA Mining Limited'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.


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

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

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



CGA Mining Limited Debt-to-EBITDA Calculation

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

CGA Mining Limited's Debt-to-EBITDA for the fiscal year that ended in Jun. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25.172 + 26.511) / 48.96
=1.06

CGA Mining Limited's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.271 + 25.452) / 70.304
=0.62

* 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 four times the quarterly (Sep. 2012) EBITDA data.


CGA Mining Limited  (ASX:CGX) 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.


CGA Mining Limited Debt-to-EBITDA Related Terms

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


CGA Mining Limited (ASX:CGX) Business Description

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