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Sierra Rutile Holdings (ASX:SRX) Debt-to-EBITDA : -0.00 (As of Dec. 2023)


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What is Sierra Rutile Holdings Debt-to-EBITDA?

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

Sierra Rutile Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.2 Mil. Sierra Rutile Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.0 Mil. Sierra Rutile Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-50.1 Mil. Sierra Rutile Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.00.

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

ASX:SRX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.01   Med: 0   Max: 0
Current: -0.01

ASX:SRX's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 2.04 vs ASX:SRX: -0.01

Sierra Rutile Holdings Debt-to-EBITDA Historical Data

The historical data trend for Sierra Rutile 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.

Sierra Rutile Holdings Debt-to-EBITDA Chart

Sierra Rutile Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - -0.01

Sierra Rutile Holdings Semi-Annual Data
Dec22 Jun23 Dec23
Debt-to-EBITDA N/A 0.02 -

Competitive Comparison of Sierra Rutile Holdings's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Sierra Rutile 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.


Sierra Rutile Holdings's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Sierra Rutile Holdings Debt-to-EBITDA Calculation

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

Sierra Rutile Holdings'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
=(0.173 + 0) / -20.097
=-0.01

Sierra Rutile Holdings'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
=(0.173 + 0) / -50.132
=-0.00

* 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.


Sierra Rutile Holdings  (ASX:SRX) 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.


Sierra Rutile Holdings Debt-to-EBITDA Related Terms

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


Sierra Rutile Holdings (ASX:SRX) Business Description

Traded in Other Exchanges
Address
225 Saint Georges Terrace, Level 8, Perth, WA, AUS, 6000
Sierra Rutile Holdings Ltd is a multi-mine operation straddling the Bonthe and Moyamba districts in southern Sierra Leone. It offers Titanium Dioxide Feedstocks, Standard Grade Rutile (SGR). Industrial Grade Rutile (IGR), High-grade ilmenite, and Zircon-in-concentrate (ZIC). Sierra Rutile's primary products serve end-use applications namely Pigment; Metal; and Welding end-use applications.

Sierra Rutile Holdings (ASX:SRX) Headlines

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