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ZCCM Investments Holdings (ZCCM Investments Holdings) Debt-to-EBITDA : -10.79 (As of Dec. 2022)


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What is ZCCM Investments Holdings Debt-to-EBITDA?

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

ZCCM Investments Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $58.4 Mil. ZCCM Investments Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1,034.3 Mil. ZCCM Investments Holdings's annualized EBITDA for the quarter that ended in Dec. 2022 was $-101.3 Mil. ZCCM Investments Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was -10.79.

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 ZCCM Investments Holdings's Debt-to-EBITDA or its related term are showing as below:

ZCCMF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

ZCCM Investments Holdings Debt-to-EBITDA Historical Data

The historical data trend for ZCCM Investments Holdings'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.

ZCCM Investments Holdings Debt-to-EBITDA Chart

ZCCM Investments Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 -0.18 0.07 -2.52 74.97

ZCCM Investments Holdings Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.03 - -1.04 - -10.79

Competitive Comparison of ZCCM Investments Holdings's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, ZCCM Investments Holdings'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.


ZCCM Investments Holdings's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where ZCCM Investments Holdings's Debt-to-EBITDA falls into.



ZCCM Investments Holdings Debt-to-EBITDA Calculation

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

ZCCM Investments Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(58.442 + 1034.308) / 14.575
=74.97

ZCCM Investments Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(58.442 + 1034.308) / -101.258
=-10.79

* 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. 2022) EBITDA data.


ZCCM Investments Holdings  (GREY:ZCCMF) 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.


ZCCM Investments Holdings Debt-to-EBITDA Related Terms

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


ZCCM Investments Holdings (ZCCM Investments Holdings) Business Description

Traded in Other Exchanges
Address
Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101
ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

ZCCM Investments Holdings (ZCCM Investments Holdings) Headlines

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