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Pretium Resources (Pretium Resources) Debt-to-EBITDA : 0.73 (As of Sep. 2021)


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What is Pretium Resources Debt-to-EBITDA?

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

Pretium Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $125.3 Mil. Pretium Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $68.8 Mil. Pretium Resources's annualized EBITDA for the quarter that ended in Sep. 2021 was $266.4 Mil. Pretium Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was 0.73.

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

PVG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.2   Med: 2.66   Max: 72.6
Current: 1.14

During the past 11 years, the highest Debt-to-EBITDA Ratio of Pretium Resources was 72.60. The lowest was -6.20. And the median was 2.66.

PVG's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 1.98 vs PVG: 1.14

Pretium Resources Debt-to-EBITDA Historical Data

The historical data trend for Pretium 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.

Pretium Resources Debt-to-EBITDA Chart

Pretium Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.20 22.05 2.96 2.35 1.44

Pretium Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 1.42 -1.92 0.93 0.68 0.73

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

For the Gold subindustry, Pretium 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.


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

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

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



Pretium Resources Debt-to-EBITDA Calculation

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

Pretium Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(71.651 + 195.958) / 185.599
=1.44

Pretium Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(125.293 + 68.787) / 266.38
=0.73

* 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 (Sep. 2021) EBITDA data.


Pretium Resources  (NYSE:PVG) 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.


Pretium Resources Debt-to-EBITDA Related Terms

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


Pretium Resources (Pretium Resources) Business Description

Traded in Other Exchanges
N/A
Address
1055 Dunsmuir Street, Suite 2300, P.O. Box 49334, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L4
Pretium Resources Inc is an exploration and development company engaged in the acquisition, exploration, and development of precious metal resource properties in the Americas. The Brucejack Project is the company's primary mineral project, which involves near-mine exploration and off-mining leases infrastructure in Brucejack mine, located in northwestern British Columbia, Canada. The company is currently at the engineering and construction phase, progressing toward production as a high-grade underground gold mine. Gold metal is the company's core revenue driver.