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Jinchuan Group International Resources Co (HKSE:02362) Debt-to-EBITDA : 3.35 (As of Dec. 2023)


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What is Jinchuan Group International Resources Co Debt-to-EBITDA?

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

Jinchuan Group International Resources Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$556 Mil. Jinchuan Group International Resources Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,634 Mil. Jinchuan Group International Resources Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$655 Mil. Jinchuan Group International Resources Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.34.

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 Jinchuan Group International Resources Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02362' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.9   Med: 1.26   Max: 7
Current: 7

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jinchuan Group International Resources Co was 7.00. The lowest was -0.90. And the median was 1.26.

HKSE:02362's Debt-to-EBITDA is ranked worse than
79.92% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs HKSE:02362: 7.00

Jinchuan Group International Resources Co Debt-to-EBITDA Historical Data

The historical data trend for Jinchuan Group International Resources Co'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.

Jinchuan Group International Resources Co Debt-to-EBITDA Chart

Jinchuan Group International Resources Co 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 2.96 1.26 0.68 1.26 2.21

Jinchuan Group International Resources Co 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 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 0.72 1.57 -2.81 -71.43 3.35

Competitive Comparison of Jinchuan Group International Resources Co's Debt-to-EBITDA

For the Copper subindustry, Jinchuan Group International Resources Co'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.


Jinchuan Group International Resources Co's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Jinchuan Group International Resources Co's Debt-to-EBITDA falls into.



Jinchuan Group International Resources Co Debt-to-EBITDA Calculation

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

Jinchuan Group International Resources Co'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
=(555.519 + 1633.615) / 989.892
=2.21

Jinchuan Group International Resources Co'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
=(555.519 + 1633.615) / 654.508
=3.34

* 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. 2023) EBITDA data.


Jinchuan Group International Resources Co  (HKSE:02362) 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.


Jinchuan Group International Resources Co Debt-to-EBITDA Related Terms

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


Jinchuan Group International Resources Co (HKSE:02362) Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit 3101, 31st Floor, United Centre, Hong Kong, HKG
Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.

Jinchuan Group International Resources Co (HKSE:02362) Headlines

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