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Alphamin Resources (JSE:APH) Debt-to-EBITDA : 0.42 (As of Mar. 2024)


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What is Alphamin Resources Debt-to-EBITDA?

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

Alphamin Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R1,292 Mil. Alphamin Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R242 Mil. Alphamin Resources's annualized EBITDA for the quarter that ended in Mar. 2024 was R3,634 Mil. Alphamin Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.42.

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

JSE:APH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.62   Med: 0.13   Max: 8.98
Current: 0.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alphamin Resources was 8.98. The lowest was -25.62. And the median was 0.13.

JSE:APH's Debt-to-EBITDA is ranked better than
76.22% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs JSE:APH: 0.58

Alphamin Resources Debt-to-EBITDA Historical Data

The historical data trend for Alphamin Resources'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.

Alphamin Resources Debt-to-EBITDA Chart

Alphamin Resources 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 8.98 1.77 0.13 0.05 0.61

Alphamin Resources 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 0.08 0.27 0.43 1.10 0.42

Competitive Comparison of Alphamin Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Alphamin Resources'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.


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

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

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



Alphamin Resources Debt-to-EBITDA Calculation

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

Alphamin Resources'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
=(1313.892 + 188.918) / 2447.679
=0.61

Alphamin Resources'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
=(1292.412 + 241.723) / 3634.308
=0.42

* 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.


Alphamin Resources  (JSE:APH) 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.


Alphamin Resources Debt-to-EBITDA Related Terms

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


Alphamin Resources (JSE:APH) Business Description

Traded in Other Exchanges
Address
C/o Adansonia Management Services Limited, Suite 1, Perrieri Office Suites, C2-302, Level 3, La Croisette, Office Block C, Grand Baie, MUS, 30517
Alphamin Resources Corp is engaged in the business of production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, the production and sale of tin from its Bisie tin mine.

Alphamin Resources (JSE:APH) Headlines

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