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Boliden AB (Boliden AB) Debt-to-EBITDA : 1.17 (As of Mar. 2024)


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What is Boliden AB Debt-to-EBITDA?

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

Boliden AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $387 Mil. Boliden AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,104 Mil. Boliden AB's annualized EBITDA for the quarter that ended in Mar. 2024 was $1,272 Mil. Boliden AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.17.

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

BDNNY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.24   Med: 0.49   Max: 1.29
Current: 1.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Boliden AB was 1.29. The lowest was 0.24. And the median was 0.49.

BDNNY's Debt-to-EBITDA is ranked better than
62.17% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs BDNNY: 1.19

Boliden AB Debt-to-EBITDA Historical Data

The historical data trend for Boliden AB'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.

Boliden AB Debt-to-EBITDA Chart

Boliden AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.42 0.37 0.52 1.00

Boliden AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 1.37 1.15 0.96 1.17

Competitive Comparison of Boliden AB's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Boliden AB'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.


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

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

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



Boliden AB Debt-to-EBITDA Calculation

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

Boliden AB'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
=(293.636 + 1127.944) / 1423.92
=1.00

Boliden AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(386.983 + 1103.513) / 1272.464
=1.17

* 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 (Mar. 2024) EBITDA data.


Boliden AB  (OTCPK:BDNNY) 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.


Boliden AB Debt-to-EBITDA Related Terms

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


Boliden AB (Boliden AB) Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates six mining areas and five smelters in Sweden, Norway, Finland, and Ireland. The company primarily processes zinc, copper, gold, lead, and silver and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: business area smelters and business area mines. The business area mines division comprises six mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kylylahti and Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines.

Boliden AB (Boliden AB) Headlines