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Metals Acquisition (Metals Acquisition) Debt-to-EBITDA : -0.07 (As of Mar. 2023)


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What is Metals Acquisition Debt-to-EBITDA?

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

Metals Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.5 Mil. Metals Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.0 Mil. Metals Acquisition's annualized EBITDA for the quarter that ended in Mar. 2023 was $-20.7 Mil. Metals Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -0.07.

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 Metals Acquisition's Debt-to-EBITDA or its related term are showing as below:

MTAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -36.16   Med: -2.22   Max: -0.17
Current: -36.16

During the past 3 years, the highest Debt-to-EBITDA Ratio of Metals Acquisition was -0.17. The lowest was -36.16. And the median was -2.22.

MTAL's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.965 vs MTAL: -36.16

Metals Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Metals Acquisition'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.

Metals Acquisition Debt-to-EBITDA Chart

Metals Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.17 -4.28

Metals Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.01 -0.07 N/A

Competitive Comparison of Metals Acquisition's Debt-to-EBITDA

For the Copper subindustry, Metals Acquisition'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.


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

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

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



Metals Acquisition Debt-to-EBITDA Calculation

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

Metals Acquisition'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
=(59.088 + 250.201) / -72.232
=-4.28

Metals Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.46 + 0) / -20.744
=-0.07

* 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. 2023) EBITDA data.


Metals Acquisition  (NYSE:MTAL) 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.


Metals Acquisition Debt-to-EBITDA Related Terms

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


Metals Acquisition (Metals Acquisition) Business Description

Traded in Other Exchanges
Address
44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
Metals Acquisition Ltd is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the economy. It works in a single segment: the mining and production of copper and silver from the CSA Mine.
Executives
Patrice E Merrin director 92 BIRCH AVENUE, TORONTO A6 M4V1C8
Rhett Bennett director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Michael Mcmullen director, officer: Chief Executive Officer P O BOX 1523, WEST PERTH C3 6872
Green Mountain Metals Llc 10 percent owner 425 HOUSTON STREET, FORT WORTH TX 76102
Charles D Mcconnell director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Rasmus Kristoffer Gerdeman director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Neville Joseph Power director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Dan Vujcic officer: Chief Development Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Marthinus J Crouse officer: Chief Financial Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102