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Wesizwe Platinum (JSE:WEZ) Debt-to-EBITDA : 10.32 (As of Dec. 2023)


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What is Wesizwe Platinum Debt-to-EBITDA?

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

Wesizwe Platinum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R4,869.86 Mil. Wesizwe Platinum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R14,784.93 Mil. Wesizwe Platinum's annualized EBITDA for the quarter that ended in Dec. 2023 was R1,905.21 Mil. Wesizwe Platinum's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.32.

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

JSE:WEZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2526   Med: -1.09   Max: 605.3
Current: -2526

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wesizwe Platinum was 605.30. The lowest was -2526.00. And the median was -1.09.

JSE:WEZ's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs JSE:WEZ: -2526.00

Wesizwe Platinum Debt-to-EBITDA Historical Data

The historical data trend for Wesizwe Platinum'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.

Wesizwe Platinum Debt-to-EBITDA Chart

Wesizwe Platinum 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 38.48 74.95 -553.26 -323.88 605.30

Wesizwe Platinum 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 -22.40 -262.45 -165.41 -10.06 10.32

Competitive Comparison of Wesizwe Platinum's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Wesizwe Platinum'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.


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

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

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



Wesizwe Platinum Debt-to-EBITDA Calculation

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

Wesizwe Platinum'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
=(4869.86 + 14784.932) / 32.471
=605.30

Wesizwe Platinum'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
=(4869.86 + 14784.932) / 1905.21
=10.32

* 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.


Wesizwe Platinum  (JSE:WEZ) 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.


Wesizwe Platinum Debt-to-EBITDA Related Terms

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


Wesizwe Platinum (JSE:WEZ) Business Description

Traded in Other Exchanges
Address
9 Autumn Road, Wesizwe House, Devcon Park, Rivonia Extension 3, Johannesburg, ZAF, 2128
Wesizwe Platinum Ltd is an African company. It's engaged in mining exploration and infrastructure development. The primary focus of the company is the exploration of Platinum group metals and strategic metals from its Bakubung platinum mine project located in Africa. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing. The company has not determined yet whether its properties contain mineral reserves that are economically recoverable.

Wesizwe Platinum (JSE:WEZ) Headlines

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